Codea Blog

Why is Cybersecurity important?

Security incidents affect businesses irrespective of their size. Because most of the operations of a new-age organization are in cyberspace, a breach of it can completely stall the organization and result in loss of sensitive data. To prevent such occurrences, organizations invest in cybersecurity.

The role of cybersecurity is that it protects all data from theft and damage. Without an effective cybersecurity strategy, organizations are vulnerable to data breaches, loss of intellectual property, corporate information and even disruption in services. Moreover, if a firm's system is hacked, it affects the reputation and trust of the customers.

Hence investing in cybersecurity is indispensable.

Firewalls and Antivirus.

When thinking about protection from cyber attacks, the natural question arises: what is the need for cybersecurity? Why cannot firewall and antivirus do the job?
The answer is cybercriminals are getting smarter each day. They keep finding ways around the firewall and antivirus to access their target. No matter how these softwares are, the attackers use modern tools like artificial intelligence(AI) to circumvent them


Impact of cyber attacks

Our generation is reliant on technology like never before. Personal, as well as business data, is increasingly stored on the servers and clouds. If malicious parties gain access to them, many problems can arise like:

  • 1. Exposure of personal information
    Everyone desires privacy. There are many things that we do not like others to know. Be it our health care information or credit card details. In the wrong hands, it can be misused.
  • 2. Bringing down governments and organizations
    Hackers entering into the government and industrial servers can be extremely troublesome. They can gain control of the infrastructure and cause harm to the system. Industrial espionage, threats to national security and so on are a few of the outcomes of such breaches.
  • 3. Loss of money
    By accessing credit card information, net banking passwords and social security details, hackers commit serious financial frauds. Many instances have been reported where large sums of money were withdrawn without authorization.

    How to prevent cyber attacks?

    Safeguarding against cyber attacks is hence imperative for any organization. Some cybersecurity practices can make any firm resilient.

  • 1. Multi-layered protection
    One common mistake most makes when it comes to cyber security is that they believe it to be a single layer of protection. Attackers will easily breach such a system If a firm is to be resilient to cyber-attacks, a multi-layered approach has to be adopted. The security should contain a combination of firewalls, antivirus software and other tools that help protect the system and network.
  • 2. Malware protection
    Malware can wreak havoc on the system. It can completely or partially affect the services of any organization. Hence protection against them is crucial. A licensed antivirus package will ensure protection against such malicious software. Many antiviruses also notify suspicious activities to potentially harmful emails.
  • 3. Wi-fi Security
    Public wi-fi services are vulnerable to man-in-the-middle cyber attacks. Through this network, attackers can access net banking, social media, and other password-protected sites. To safeguard against this, cyber security experts recommend the use of Virtual Private Networks (VPNs). By encrypting the data sent over a Wi-Fi connection, VPNs protect you from all forms of attacks.
  • 4. Browser and cloud security
    Networked and internet-connected data need to be protected from breaches. It is termed browser security. Anti-virus browser tools will alert, if not block, suspicious pop-ups, links and advertisements. Thus they prevent malicious softwares from gaining access to the system.