ePortfolio Entry #7

In the 21st century businesses have an obligation to develop cyber security programs in order to protect their customer’s and ultimately the company’s own information. There are benefits as well as costs regarding investments into a cybersecurity framework for a company. Initially, there is a baseline of fundamental costs regarding devices for the company security to be run on, along the lines of personal computers which has been at an average of $630 for the past two years. A computer is the infrastructure for the tasks and requirements that an individual in the cyber field must complete for their company, otherwise that company has an increased vulnerability. The next cost a business might have to put forth consists of an intrusion detection system. This detection system can be found at an average of $4,000 which may seem costly to small businesses that doesn’t have much cashflow to work with but the detection system is beneficial in the longterm on account of it’s ability to identify a breach, a malicious software, or even mere policy violation and notify the business immediately. On the back-end of these seemingly high costs, there are strong benefits for business who sacrifice money to develop their cybersecurity strength. This strength protects the customer information by instating firewalls, multi factor authentication, in addition to intrusion detection systems. These example systems don’t begin to scratch the surface of programs and technologies that can be utilized in a cybersecurity program. In-depth cybersecurity programs can even introduce on-call experts to assist in the case of an event. With this very specialized task, people with the correct credentials should be recommended and used on account fo their experience and knowledge. This may come at a large cost to a company but aiming for a cheaper option and hiring unqualified individuals could end with the company’s downfall.

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