When developing cybersecurity programs in business you can expect to have costs, however paying for these provisions will benefit business owners in the long run. Costs can be associated with technology when acquiring and maintaining security software, hardware, and network infrastructure. You’ll need to hire personnel that specifically deal with cyber security who have training as security analysts, incident responders, and compliance officers. Employees will need to be provided training on the best cyber security practices and awareness. Insurance will need to be bought in the event of a cyber attack to avoid financial losses. Certain laws might need to be met according to industry regulations which might require additional investments. Having new security measures is essential so there are no productivity losses, delays or frustration among employees. Lastly, hiring technical expertise would be essential to keep existing IT systems up and running. With these measures being paid for, business owners can expect great benefits. To start, they can expect to see a reduced risk of cyber attacks with a cyber security program. Data security will be improved which will safeguard sensitive customer information reducing the risk of compliance violations. The company’s reputation will be enhanced because having a strong cyber program demonstrates commitment to privacy and security. This will build trust among customers, partners, and investors. Having automated solutions can improve overall efficiency and reduce manual tasks. When adhering to privacy regulations there will be minimal risk of legal disputes, fines, and penalties. Employee productivity will also improve as they would know how to respond when faced with suspicious activity. Overall, it is extremely important to implement a strong cybersecurity program. Especially when dealing with important information from customers. Anything that goes wrong will be the fault of the business and will result in financial loss and even damage the businesses reputation.