Why Is Cybersecurity Important

Why Cybersecurity is Important for Every Company. In today’s world, almost every single business, from small to large corporations, needs to have an online presence to grow and increase their customer base no matter what the focus area of the company is. For example, it does not matter if the company is specialized in food, clothes, insurance, car repair, phone service. In addition to having an online page, when companies grow they also need a computer network to facilitate communication between their employees, customers, and business partners, as well as to store information about the company such as customer, employee, products, and financial data. Having all of this in place does not guarantee success and grow for a business because there …show more content…
Some countries have regulations in place that requires companies to have cybersecurity measures in place to protect the information of its customers. According to an article written by John Patrick Pullen in 2013 titled “How to Protect Your Small Business Against a Cyber Attack”, the following steps are some of the most important steps and are a must for every company to keep their assets protected. The first step in Pullen’s list is to encrypt the data, all the data that could mean potential harm to the company if an unauthorized person had access to it such as employee social security numbers, banks accounts from customers and employees. The second step in Pullen’s list is to implement security on the hardware. In other words, only the people that should have access to a company’s devices, such as the server room, should have access to them. Also, if the company uses mobile devices, a tracking software needs to be installed on the devices to prevent the loss of company assets. The next step in Pullen’s list is to lock network …show more content…
In fact, according to the article “Cyber Attacks on U.S. Companies Since November 2014”, in 2015 “companies saw an average of 160 successful cyber attacks per week, more than three times the 2010 average of 50 per week. Every company surveyed was the victim of a Trojan, virus, or worm type of attack. Ninety-seven percent surveyed were reported to have been the victim of a malware attack and 76 percent were victim of a Web-based attack. Just as worrisome as hackers trying to get into a network system are those with malicious intent who already have access to a system. Forty-three percent of companies reported cyber attacks by malicious insiders and 36 percent of companies suffered attacks as the result of a stolen device” (Walters). In the last couple of years, some of the major attacks were ones that affected the customers or employees of the companies or a large amount of money was stolen through the attack. For example, according to the same article written by Riley Walters, form November 2014 to October 2015 there have been many cyberattacks that had a big impact on their target. Some of those companies affected were, Sony Picture Entertainment, Las Vegas Corp, Staples, Uber, Anthem, Trump Hotel Collection, Excellus BlueCross BlueShield, and many more. In between that list, there are some that stand apart from the others such as the

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