Cybersecurity is the practice of protecting computer systems, networks, software, devices, and data from digital attacks. Also known as information technology (IT) security, cybersecurity is applied in various contexts, from business to mobile computing. A comprehensive cybersecurity program incorporates people, processes, and technology to mitigate the risks of business disruption, data theft, financial losses, and reputational damage resulting from attacks. Effective cybersecurity requires a strategy that includes best practices such as acceptable use policies, incident response plans, and protocols for managing sensitive data.
Cyber threats continue to evolve in sophistication and frequency, prompting organizations to increase investments in prevention and mitigation. Cyberattacks happen frequently, with one occurring every 39 seconds. Small businesses are particularly vulnerable, with 43% of cyberattacks targeting them. The financial impact of data breaches can be substantial; the average cost of a data breach is millions of dollars. Moreover, human error contributes significantly to breaches; it is estimated that 95% of cybersecurity breaches are due to human error. The rise of AI is also impacting cybersecurity, with 85% of cybersecurity professionals believing that generative AI is being used by malicious actors to launch faster and smarter attacks.