Cybersecurity

As we know, Risk is "the probability of a threat successfully exploiting a vulnerability" with the advance of the technology it's almost impossible not to be exposed to computer hackers, data stoles or threast. There are many factors which allow an increased risk of cyberattack such as lack of management support, lack of employee training, computer's hackers, viruses etc. A proper Cybersecurity plan must be implemented in order to protect a company's assets. Cybersecurity is defined as "technologies, practices, and policies that address threats or vulnerabilities in networks, computers, programs and data, flowing from or enabled by connection to digital infrastructure, information systems, or industrial control systems, including but not limited to, information security, supply chain assurance, information assurance, and hardware and software assurance." The aim of cybersecurity is to ensure the business assets with a close interaction of "workforce information, proprietary data, business strategies, computing systems." Creating a cybersecurity internal plan for a company provides security and protection to the integrity and confidentiality of the company's assets in order to minimize and reduce any risk or threat which the company could be facing. Quickly identifying risks and threats that may arise in real time reduces the impact of an adverse situation which could affect and deteriorate the company's ability to run their business and profit, proper training is mainly critical in order to protect the company's assets.

In the list below we show risks that could impact companies in a very adverse situation.

Weak network security - Vulnerability and weakness in the company network security should be prioritized and restriction should be also to apply "physical access restriction to protection from unauthorized digital access."

Employee security training - Proper training is mainly critical in order to protect the company's assets. Enforcing employees' education and training will allow them to understand the risk that the company is facing in relation with attackers getting access to the company system and data, internal and external threats.

Database breach - Data breach and digital access may happen "due to improper firewalls placed between the data servers and web servers." Protecting the database by encrypting the data on the server and the backup server will protect adequately the data even if a breach occurs.

Data loss or stole caused by unauthorized access through the company application ad servers. Viruses wrongly affect and compromise the company network systems.

Cyberthreats- is a threat exposed in the internet and tries to damage, steal or disrupt a computer network. It can be inflicted unintentionally by a human error, poorly designed systems and, unaware users.

Internal Threats in most cases involve employees which represents a huge challenge to defend against for the company.

Data tampering is frequently related to an internal attack. It's related to "an attack during which someone enters false or fraudulent data into a computer, or changes/deletes existing data." Data tampering could cause enormous and serious damage to a company because it may not be detected on time and usually it's committed by insiders and fraudsters. Here are intentional forms of cyberthreats: hacking, phishing, crimeware, Distributed Denial of Service (DDoS), Insider and Privilege Misuse, Physical Theft. With a tailored security plan to reduce risks like establishing firewalls, IT defenses, Antivirus Software, Intrusion Detection Systems (IDSs) will strengthen and promote the company efficiency and stability of the cybersecurity of the company. Developing a strong cybersecurity strategy and plan can be an intelligent and extremely helpful decision for companies which want to keep their assets protected, protect computers network, reduce effectibilly any cyber attack and allow the companies to run the business with safety. With Cybersecurity and Risk Management's strategy correctly identified the company will be able to handle and mitigate risks. Companies must be proactive in installing a secure antivirus system protection, reduce physical access to the system and use a SecureDoc encryption. There are diverse cybersecurity options such as cybersecurity systems company's provider and cybersecurity professionals both, can assist to "assurances and trusted practices to safeguard your employees, business processes, and resources." In addition, cybersecurity professional can assist in the employees training safeguard business processes and technologies against outside intrusion and insider threats, by making the company aware of the most current intrusion techniques and disaster recovery procedures.``

Why should businesses invest in cybersecurity?