Why is Cyber Security Important?

Within the last few years, all the hype swirling around cyber security has taken a new thrilling as well as frightening form. These days, most of the news headlines include major hacks such as cyber warfare, cyber terrorism, cyber espionage and many more. Rapid increase in such malicious activities has forced us to switch towards risk management approaches that enable strong cyber security wall around us.

Why do we need CYBER SECURITY?

With each passing day, the amount of data handled by each and every organization is increasing at an exponential rate. These data are shared online over the networks via gadgets such as smart phones, ATM machines, tablets and many more. Being mere gadgets designed by outstanding human brains, these devices have vulnerabilities with which most of the cyber criminals are very well aware.

Hackers or such other malicious activists make use of these modes to spread disturbance in the cyber world. Most of the common threats include stealing of the corporate data, hacking into accounts, cyber terrorism and much more. Cyber security, today should be a top priority for each and every organization standing in the outer world, be it government or privately managed. Some of reasons that very well explain the necessity of cyber security are as follows: -

• Competitive Advantage: -

The increasing number of data breaches stands as perfect examples of the competitive advantages that organizations today are trying to get hold of. To get competitive advantage and complete hold of the share market, the corporate giants are turning toward activities that can be considered as unethical in the rule books of cyber world.

• Cyber mischief: -

Cyber mischief is one of the most common form threat to cyber security. Most of the talented individuals, kids especially, perform malicious as well unethical activities such as hacking into the social media accounts of other individuals; the outcomes or after effects of which can be brutal and pathetic at times. 

There are N number of parameters that very well define the necessity and requirement of cyber security; but the question still remains the same. We need to understand the importance and requirement of cyber security to create and nurture a world free from cybercrimes.