Why is Cybersecurity Important in 2023

1. Why is Cybersecurity Important in 2023 Everything You Need to Know In this fast and technology-driven world of billions of people, it is hard to imagine how much data is being shared, uploaded, and downloaded from various cloud services. But are we sure that our data is safe? Can we guarantee that it is being shared with only those people with whom we want to share it? Are we certain that there is nobody else who can access our data? Our explanations and answers to this lie in Cyber Security. 1. Protecting your own personal information We generally use a lot of social media platforms these days, but some of these platforms are not as safe as others and also we keep our backup of photos, videos and other forms of file in various cloud services which can be exposed to various cybercrimes if required cybersecurity measures are not taken to protect our data. So, cybersecurity is important to not only individuals but also to various

2. institutions using internet services. 2. Rapidly changing technologies These days a lot of research is being done on creating devices and products to make our lives easier and the faster we change technologies, compromising our cyber security, the more we make ourselves vulnerable to cyber attacks. IOT (internet of things) is a very widely used technology, from home automation to sensors, but IOT security in itself is a concern and it is vulnerable to cyber-attacks which needs a sophisticated cybersecurity strategy. 3. Automated cyber attacks There are various types of automated technology that can be used to aid a cyber- attack making it much more challenging for cybersecurity experts to secure the data . Most of the cyber-attacks are now found to be using artificial intelligence and machine learning algorithms to lead to much more organized cyber attacks. Cybersecurity is day by day becoming a challenging but most sought-after field. 4. Damaging Businesses There has been an increase in hacks of very reputed and trusted companies creating a general question among the users, are their most trusted institutions capable enough in fending off such attacks on their confidential information? And do they take the required cybersecurity measures? If yes, then why are brand names like Facebook, Canva, eBay, Linked In, etc. having breaches even after having a dedicated cybersecurity strategy to deal with such breaches. 5. Loss of Money Cyber-attacks not only harm the reputation and client base of a company but also financially. It causes damages worth millions of dollars to the organization to hire effective and efficient cybersecurity teams, to recover the data, and the organization also has to pay a hefty amount of money in fines. But despite many of these corporate giants already having taken safety measures in advance, their cybersecurity teams have failed to accomplish their task not once, but multiple times. Equifax – 147 million customer data exposed incurring the loss of – 439 million Yahoo – all 3 billion customer accounts breached incurring a loss of – 350 million

3. 6. Loss of Jobs There have been reports of many brand name organizations that have been targets of cyber-attacks relieving C level executives and also some associate level employees in order to recover from the financial losses they have incurred. So indirectly we can say that cybersecurity plays a vital role in preventing compromise of employee welfare, also cybersecurity is a safety measure whose existence has yet to be made compulsory. 7. Cyber Security threats to Individuals Not only businesses but many individuals also face cybersecurity threats, i.e. celebrities, politicians, and other important personnel. Identity theft is a major issue these days, in which the personal information of an individual is stolen by hackers and sold for profit. This not only endangers the security of an individual but also the whole family and people closely related to that person become victims of this malicious act. This even leads to extortion, blackmail, and ransom money asked by the hackers. Cybersecurity is not only necessary on a large scale but also individually. 8. Cyber-attacks aiding other crimes

4. There have been a lot of cases in which the security camera of a household has been breached by the hackers aiding thieves to trespass into private properties and steal valuable belongings and documents. Cybersecurity is not necessary to always be a service but also an awareness program, so that everyone knows basics and rudimentary techniques in case they are exposed to such cyber-attacks. 9. Increased Regulations and Legislations Cybersecurity concerns may result in increased regulations and legislations, harsher penalties may need to be imposed and a separate globally accepted set of rules for cybercrimes may become a reality. Citizens may need to be made aware of cybersecurity and make sure their businesses do not violate any laws. 10. Generating jobs, a new career approach With all the increased awareness about cybersecurity in the private and public sectors, there has been a sudden rise in demand for cybersecurity experts. So, there is no surprise that there are ample opportunities to start a career in cybersecurity. Many companies are even willing to pay up to six figures for an experienced cybersecurity expert.