Unleashing the Development of Cyber Security Solutions - Analytics Insight

Unleashing the Development of Cyber Security Solutions - Analytics Insight

The cybersecurity strategies built by an organization must be established in such a way that almost all users are kept safe.

Cyber threats are continuously fluctuating and are shifting in alignment with the times. Website hacking, illicit transactions via internet banking, and more have become an almost regular phenomenon. The rapid dissemination of emerging technologies such as IoT and the growing use of digitalization has been observed in recent years. In addition, cyber-attacks can cause a business tremendous harm. These reasons also increase the value of security measures than it has ever been.

According to The Print, “Cybersecurity experts predict that in 2021, there will be a cyber attack incident every 11 seconds. This is nearly twice what it was in 2019 (every 19 seconds), and four times the rate five years ago (every 40 seconds in 2016). It is expected that cybercrime will cost the global economy $6.1 trillion annually, making it the third-largest economy in the world, right behind those of the United States and China.”

Importance of Cybersecurity and its challenges

The data and integrity of computer properties belonging to or linking to the network of an entity are secured by cybersecurity. Its goal is to protect those resources over the whole lifespan of a cyber attack against all security threats.

Security policies could mean changes, as they may fluctuate in d ..