Cybersecurity: The Essential Pillar to Modern Business

Crassula
2 min readDec 5, 2019

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In the age of data overload, cybersecurity is addressed by all companies to protect against the access of unofficial parties to the client and company data. Cybersecurity limits the risks of cyber-attacks and data leak.

What has to be continuously considered, is that risks and threats are evolving along with the industry (if not faster). Perhaps, years ago it was enough for an enterprise to only focus on the biggest threats that are known, as the knowledge of other possible attacks was small for both sides. This ignorance has led to a lot of companies becoming defenseless towards other smaller, but not in any way less dangerous risks. Today, when most enterprises are “living” on data, cybersecurity is more important than ever.

Cybersecurity helps companies to secure their (and their customers) data safely, identify frauds and manage risks. One of the important parts of cybersecurity is also the response plan, which should always be ready in case the cyber attack happens.

Components of cybersecurity are:

Information security. One of the most valuable of the organization’s customers. Information security ensures a safe transition, process, and protection of internally and externally collected information.

Application security. For businesses operating online, it is necessary to secure their code in order to avoid access and theft of data from third parties.

Network security. This is the one all of us see on websites: security policies, privacy compliance, as well as IT services and software tools. Inform your users of what is done with their data.

Cybersecurity, in fact, requires a lot of dedication, and one of the main problems often is the shortage of people within the company that have skills and professionalism to handle risks and have an understanding of how to avoid data leaks and other cyber attacks. The importance of data in a business is growing, and risk management in this sphere becomes a necessary requirement for every enterprise. Hiring cybersecurity personnel is one of the first activities a young company should do. Another option appearing nowadays is the use of machine learning that helps those cybersecurity professionals to manage and organize data. However, the stress word is still ‘helps’, and the demand for risk managers in the cybersphere is higher than ever.

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Crassula
Crassula

Written by Crassula

Crassula is a software platform that helps businesses and financial institutions to build their own payment systems, wallets, online, mobile banking and more.

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