What Risks You Can Face If You Don’t Have Robust Cyber Security
- By Michael Samson
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- 10 Oct, 2018
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Safety and security:-
Safety and security go hand in hand in this virtual world. Our world now moves on the internet and cyber technologies and there is no looking back. But all this advanced technology is vulnerable to attacks from hackers or some cyber criminals, who pose a lot of danger to the security system.
But cyber security experts and network engineersin UKare working hard to cope with these threats and trying to make a safety mechanism to stop these crimes entirely.
Cyber security:-
A collection of processes, latest technologies designed specially to protect networks, computers, programs and software from any kind of threat, damage and attack or any unauthorized use of information or data.
Security threat on mobiles:-
Initially, cyber theft was limited to computers and large network systems. But now the fraudulent people have changed their focus from computers to mobiles.
Hackers these days target cell phones because a lot of people these days carry out financial transactions through their smartphones. So the situation demands a robust cyber security system which can eliminate the risks of people getting robbed online.
Risk management:-
Every known and then the cyber security companies in UK and rest of the world are creating different professional security mechanisms to cope with the ever-increasing cyber threats.
Effective and solid risk management steps are being taken to ensure the safety of network so that they can do risk-free information and data sharing as well as they can do their money transaction without any worries.
Reasons behind cyber theft or weaknesses:-
Every system has its certain weaknesses, or reasons due to which information/data is lost, and people/companies face financial or data losses.
- Information accessed by unauthorized
or inexperienced people
- Data loss by the theft of identity
- Tapes lost during storage
- Intentional deletion
- Unsecured
desktop or portable devices
- Information
modification
Awareness about the threats:-
If you are aware of the cyber threats then either you can eliminate it, or you or your company accepts it as it is. There are four different stages of risk management
- Avoid the risk
- Limit the risk
- Transfer the risk
- Accept the risk
The fourth stage is the most devastating one for the firm and the person if the cost of accepting is definitely lower than transferring or lowering the risk.
Remember! Every firm or online business should have effective cybersecurity measures to protect its information or finances from hacker and cyber thieves.