Cybersecurity: Information Security

What exactly is cybersecurity? Cybersecurity, also referred to as Information Technology Security, centers on guarding networks, computer systems, and critical data from unauthorized access, alteration or damage by hackers or perhaps even disgruntled employees. Thorough cyber breaches transpire all too often in today’s corporate world. Attackers or also known as “hackers” simply evade conventional security implementations to steal essential data and to disrupt company operations. “Price Waterhouse Coopers (PWC) recent report – the Global State of Information Security Survey: 2015 – shows that, last year, organizations have reported financial hits up to 93% more costly than 2013” (Zaharia, 2015). It may even be possible to assume that this number may not be totally accurate. Most …show more content…
“Cybercriminals do not steal just data. They also stole up to $1 billion from 100 different financial institutions across the U.S., Germany, Russia, Ukraine, and China over the past two years, security firm Kaspersky Lab reports” (Yakowicz, 2015). Companies are not only now beginning to invest money in cybersecurity to protect their statue they are having to look at it from an ethical approach. Generally, companies establish a manager with staff within their company, known as the information technology (IT) security team. This group often has full access to confidential data and knowledge of company employees and the companies ' network(s) along with computer systems that typically bestows an unlimited deal of authority. Many ethical issues that ITs will