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CyberSecurity

CyberSecurity

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Cybersecurity

Also referred to as information security, cybersecurity refers to the practice of ensuring the integrity, confidentiality, and availability (ICA) of information. Cybersecurity is comprised of an evolving set of tools, risk management approaches, technologies, training, and best practices designed to protect networks, devices, programs, and data from attacks or unauthorised access.

Why is cybersecurity important?
The world relies on technology more than ever before. As a result, digital data creation has surged. Today, businesses and governments store a great deal of that data on computers and transmit it across networks to other computers. Devices and their underlying systems have vulnerabilities that, when exploited, undermine the health and objectives of an organisation.

A data breach can have a range of devastating consequences for any business. It can unravel a company’s reputation through the loss of consumer and partner trust. The loss of critical data, such as source files or intellectual property, can cost a company its competitive advantage. Going further, a data breach can impact corporate revenues due to non-compliance with data protection regulations. It’s estimated that, on average, a data breach costs an affected organisation $3.6 million. With high-profile data breaches making media headlines, it’s essential that organisations adopt and implement a strong cybersecurity approach.

Common types of cybersecurity

Anti-virus software.

Next-generation firewall (NGFW) solutions.

Network Security protects network traffic by controlling incoming and outgoing connections to prevent threats from entering or spreading on the network.

Data Loss Prevention (DLP) protects data by focusing on the location, classification and monitoring of information at rest, in use and in motion.

Cloud Security provides protection for data used in cloud-based services and applications.

Multi-factor authentication for IT systems, staff and users.

Intrusion Detection Systems (IDS) or Intrusion Prevention Systems (IPS) work to identify potentially hostile cyber activity.

Identity and Access Management (IAM) use authentication services to limit and track employee access to protect internal systems from malicious entities.

Encryption is the process of encoding data to render it unintelligible, and is often used during data transfer to prevent theft in transit.

Antivirus/anti-malware solutions scan computer systems for known threats. Modern solutions are even able to detect previously unknown threats based on their behaviour.


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