Cyber Security

Companies in various sectors, such as energy, transportation, retail and manufacturing, use digital systems and high-speed communication to provide efficient customer service and conduct affordable business operations. Just as these organizations secure their physical assets, they also have to secure their digital assets and protect their systems from any unintended access. A breach and gaining unauthorized access to a connected computer system, network, or facility is called a “cyber attack” if intentional. Successful cyber-attack results in the detection, theft, deletion, or alteration of confidential data. Cybersecurity measures defend against cyberattacks and provide the following benefits:

Prevent violations or reduce the cost of consequences 

Organizations implementing cybersecurity strategies reduce the undesirable consequences of cyber-attacks that may impact companies’ reputation, financial condition, business operations, and customer confidence. For example, businesses are operating disaster recovery plans to contain potential interventions and reduce the duration of disruption to business operations. 

Ensure regulatory compliance

Companies in specific areas and regions must comply with regulatory requirements in order to protect sensitive data from potential cyber risks. For example, companies operating in Europe must comply with the General Data Protection Regulation (GDPR), which expects organizations to take appropriate cybersecurity measures to ensure data privacy. 

Mitigate advanced cyber threats 

As technologies change, new forms of cyberattacks are emerging. Criminals use new tools and create new strategies to access the system without permission. Organizations adopt and update cybersecurity measures to keep up with new and evolving digital attack technologies and tools.