Last year, the total cybersecurity expenses globally were up to 60 billion dollars. Cybercriminals investments are estimated up to 300 to 600 billion dollars. It’s about time that companies establish their cyber security!
Digital resources are inevitable in business. The online business is vulnerable when we are looking at security and privacy. It is very important that schools teach their students about these aspects. Since children start using the internet as communication platform at a very early age, it is important that schools act on this. Awareness is everything in this field and the students’ needs to aware of the potential dangers of the internet. Teachers must be properly educated in this field. This is why investments in education are needed for training.
Not only schools, but also the government plays an important role in the awareness of cyber attacks. In the Netherlands, the government has the National Cyber Security Centre (NCSC), which plays an important role in the safety of the Dutch internet users.
Whoever uses public Wifi spots, must be aware that hackers can easily duplicate such spots and use your personal information. A good cyber strategy is therefore not only focused on the technical aspects, but also on the human aspect of security.
Successful cyberattacks can cause some serious reputation damage. Imagine for instance when people’s personal information of dating sites is leaked. This could cause a lot of inconveniences and might even mean the ending of some marriages. For companies a cyber attack could mean loss in revenues, profitability and customer relationships. Moreover, it could also cause image damage when for instance personal information of customers or deals are exposed to the public. This can lead to serious problems for companies as banks or government instances. It does not just concern companies in the IT branch.
Considering all of the aforementioned problems, I think that cyber security must be placed on the agenda in all boardrooms. It is always better to prevent something than to cure it. By making society aware of the potential threats of the internet, we can already prevent problems.
Additionally, developers also play an important part in cyber security. They must always be aware of the security of the companies data. The process of protection must start in the software architecture and be continued in the design of this software. Afterward, the quality of the safety must be tested and if necessary, the software must be adapted in order to keep the company safe from cyber attacks.
All in all, it is important that society is educated about the dangers of the internet. The government and business must work together to protect our privacy and theirs. It is one of the biggest problems of the present, and must be taken into consideration in every boardroom globally.
Sources:
http://www.elsevier.nl/partners/capgemini/cybersecurity-niet-omdat-het-kan/
https://www.rijksoverheid.nl/onderwerpen/cybercrime/inhoud/cyber-security-verhogen
http://www.technewsworld.com/story/83825.html
