enterprisesecuritymag

Why Cybersecurity Has Become an Important Factor for Businesses

Russell Thomas, Enterprise Security Mag | Tuesday, July 13, 2021

Organization will have essential security advantages with better chances to combat cyberattack if cybersecurity protocols are developed to manage data security seamlessly.

FREMONT, CA : Cyberattacks are a part of life that affects both major stakeholders and players in various industries. According to a recent report, the number of cloud-based cyber breaches increased by 630 percent from the first quarter of 2020 to 2021. It can be attributed to the rise in cloud-based collaboration tools used by businesses to allow employees to work from home.

Cybersecurity sensitization is widespread, with many organizations adopting a safe environment and policies to protect them from a cyberattack. This culture has spread across the industry, with each individual being treated as a critical security asset to achieve a holistic shift in the fight against cyberspace hostility.

The Need for Cybersecurity

The current cyberspace is intermittently connected, leaving many vulnerabilities that leads to exploits and breaches. Cybercrime losses are expected to reach $6 trillion by 2021. Every industry is putting money into cybersecurity due to the increasing cyberattacks.

An efficiently running unit for cybersecurity has layers of security spread through systems, networks, data, and computers. When a cybersecurity module is implemented in a company, the technologies, people, and processes can all work together to provide a unified front for successful threat management.

Use of Cyber Security Across Domains 

Multiple layers of security measures are available at the center of today's cybersecurity architecture. As a result, the defense strategy employs barriers to create numerous impediments sufficient to deplete attacker resources. There are several cybersecurity domains, like:

Security Management 

This domain is neglected, but it contains various tasks, like risk assessment, monitoring security functions to guarantee operational enforcement, changing management policies and processes, and sensitizing users for awareness.

Identity and Access Management 

All processes, systems, and procedures used for maintaining authentication, identity assignment, and access controls are included in IAM. The identity process assigns unique names to the respective system and users. Authentication provides a way for these users to prove their identity.

Compliance 

The compliance domain center ensures that security measures are following the corporate regulations and legislation. This domain is critical for comprehending these regulations' complexities so that effective security measures and audits can be implemented.

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