What Is Cyber Security?

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Everyone has heard of cyber security, but many people are still unfamiliar with the technical aspects involved in safeguarding electronic and online data. Cyber security is defined as a grouping of technology and best practices dedicated to the protection of data and networks from unauthorized access, damage or attack. Another industry term for cyber security is information technology security. 

Why Is Cyber Security Important? 

All modern companies today process, collect and store an enormous amount of information electronically. A vast amount of this data contains private or classified information regarding intellectual property, trade secrets and financial records. Unauthorized access to any of these records could be disastrous for corporations and their employees. Cyber security technology is designed to safeguard this information, as well as the networks on which it is processed and kept.   
 
As additional and more sophisticated cyber threats emerge with each passing year, all companies need to take the necessary steps to protect their confidential information.  The threat is so great that it was recently listed as a top concern to national security officials, even topping terrorist attacks. 

Cyber Security Threats   

For overall cyber security to be effective, it must encompass all elements of a company’s electronic data systems. Here are just some of the critical infrastructure pieces that require an impenetrable cyber defense. 
 
  • Application Systems
  • Networks
  • Endpoint Security
  • Cloud Protection
  • Mobile Security
  • Identity Management 
  • Email Encryption Security 

Types of Cyber Security Threats 

Unfortunately, there are many types of cyber attacks that exist in the world today, including:
 
  • Wiper Attacks
  • Spyware/Malware
  • Theft of Intellectual Property
  • Distributed Denial of Service 
  • Data Destruction
  • Data Manipulation 
  • Phishing 
  • Trojans
  • Ransomware

Managing Cyber Security Threats 

Industry experts agree that implementing a top down approach to cyber security is most effective. Corporate management must take the initiative to create a culture that values the critical importance of protecting sensitive data. Companies should be prepared at all times to respond to cyber breaches, no matter how small or insignificant. They also recommend a cyber security assessment that focuses on three main areas of a company’s data.  
 
  • The Crown Jewels – This is the organization’s must important information. Companies should identify the potential threats to this kind of data and put a plan in place in case of attack.   
 
  • Regulations – An effective cyber risk assessment should also consider how a company’s data is stored and collected in light of such regulations as HIPAA, PCI-DSS and FISMA. 
 
  • Implement A Comprehensive Plan – Following the review of a comprehensive cyber risk assessment, businesses should implement a program that not only protects the company’s crown jewels, but also all data down the line as well. In addition to investing in cyber security technology, best practices and processes need to be put in place to minimize any strikes from succeeding.  

Conclusion 

Industry experts all agree that if the people who are responsible for cyber attacks would put their time and talents toward productive pursuits, the world would indeed be a better place. Every year, cyber security threats become bigger and more able to inflict incalculable harm to businesses, regardless of their size or industry. It is critically important that companies never feel fully confident that they have solved the cyber security problem. Security professionals must work even harder than their criminal adversaries to stay ahead of their advancements. Companies that take cyber security seriously will see a return on investment far beyond the cost of technology and employee training.  
 
 
One of the first steps that should be taken to strengthen your security is to use a secure messaging system with your emails. Email privacy is proving to be such an important aspect of every business. Gold Comet is the perfect solution to this ever-growing problem. Learn about our secure messaging system and contact us with any questions you may have!
 
 
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