Cybersecurity is ‘the practice of defending computers, servers, mobile devices, electronic systems, networks and data from malicious attacks.’ There is a constant rise in cybersecurity breaches each year. 

 

What are some of the common misconceptions regarding cybersecurity? 

  • Only big organisations can be affected
  • Complex passwords cannot be hacked 
  • You will instantly know when you’ve been hacked 

 

Anyone can be affected by a cyberattack, whether you are in the business sector or education you need to ensure that your data is protected by hackers. 

 

Why is it important to implement cybersecurity? 

1) Cyber attacks can affect anyone! 

Many people believe cyberattacks only happen to big organisations, however, this is a myth. Cyberattacks can affect the biggest organisation to one single person. In 2020 statistics showed that up to 88% of UK companies have suffered breaches in the last 12 months. Once an attack happens millions of people could be harmed. 

Identify theft is common for many individuals. Hackers will steal an individual’s personal data and sell it for a profit. This not only puts the individual at risk but also their family. Some hackers also blackmail individuals and demand ransom money in exchange for their details. 

 

2) Technology is always changing

5G networks enable users to be more vulnerable to cyberattacks. Some of the ways 5G networks can cause a concern; 

  • The network has moved from a centralised, hardware-based switching to distributed, software-defined digital routing. Previously networks had ‘hardware choke points’ in which cyber hygiene could be implemented. However, this is not the case with 5G. 
  • The expansion of bandwidth in 5G creates additional avenues of attack. 
  • There is an increased vulnerability by attaching tens of billions of hackable smart devices to an IoT 

 

3) Protects you and your customers/staff 

Ensuring that your business is protected also ensures that your employees, staff and customers personal details are secure from cyber threats. 

By providing your employees with cybersecurity training is essential to protect your organisations data. Not only do your employees need to have in depth training but they should also follow up with refresher trainings to ensure they are kept up to date in how to keep data protected. 

 

3) The rising cost of breaches 

With more sophisticated hackers the cost of cyberattacks have become extremely expensive. According to Ponemon Institute’s Cost of a Data Breach Report 2020. organisations spend $3.86 million (about £2.9 million) recovering from security incidents.

Suffering a cyberattack can cause customers to lose trust in a organisation and decide to take their business elsewhere. With a reputation of poor security it could also lead to a decrease in new contracts/business. 

 

How can you protect yourself against it?

As an I.T company who have providing ongoing support to both the educational and business sector we have collaborated with cybersecurity experts to bring you that protection and peace.

To find out more please visit https://editltd.co.uk/cyber-security-services/