Internet and digital technologies engendered the emergence of new ways of working, learning and playing. We live in an age where the digitisation of data, including confidential and personal information is the norm meaning that both businesses and individuals are vulnerable to all forms of data violations and invasions. Consequently, the commodification of information has contributed to the growth in cybersecurity, also referred to as information technology security, and its evil twin cyber criminology.
The importance of cyber security
“Your business data represents your intellectual capital, competitive differentiator and the lifeblood of your organization” (IBM). It is no secret that, besides its employees, data is invaluable in any enterprise’s continued survival in a knowledge economy. Against this background cybersecurity is as important as security measures taken to protect staff from physical harm in an increasingly violent society.
Governments, and military, corporate, financial, and medical organisations have vast amounts of data stored on computers, other devices, and the Cloud. The negative consequences of the unauthorised breaching or exposure of sensitive information, such as intellectual property, financial data and confidential information could mean the financial ruin of many a business.
Cybersecurity involves practices and measures dedicated to protecting information and the systems used to process or store it. With the growth in volume and sophistication of cyberattacks, businesses and organisations who are the guardians of information relating to national security, health, or financial records, should take critical steps to protect their data and sensitive information.
Cybersecurity responsibilities and challenges
The emerging and evolving nature of security risks and vulnerabilities pose the biggest challenge in the cybersecurity industry. Conventionally, organisations and governments focus most of their cybersecurity efforts on perimeter security to secure their most critical systems elements and processes against known treats. This approach is ineffective in the current cybersecurity landscape with threats developing and changing more quickly than organisations can manage.
Consequently, advisors suggest proactive and adaptive approaches to cybersecurity, including continuous monitoring and real-time assessments, and a data-focused approach to security in contrast to the traditional perimeter-based model. Specifically, to manage cybersecurity effectively, all efforts should be coordinated to address the following elements of the security processes in organisations:
Protecting an organisation’s network from unwanted users, attacks, and intrusions.
Ensuring that applications are continuously upgraded and tested and thus safeguarding these apps from attacks.
Protecting the remote access or endpoint security of a company since it may be a weak link in intrusion attempts.