Journal 7

In any business, Having cybersecurity set up is a very important variable to be considered. It can protect companies from hackers. If a company falls victim to a cyber attack or data breach, It won’t only be a massive loss in money, it will also potentially mean a massive loss in consumers. If the consumers don’t think that the company is safe enough with their information, They’ll move on to another company that they believe will keep their Information safe. With those possibilities, it can cost a company millions of dollars to just recover. To counter-act this, companies should invest into Cybersecurity measures to bolster their securities. by doing so, they can work to prevent cyber attacks from happening. they can also boost the trust that customers will have in their business and retain a good consumer base. A company would need to have a team that’s dedicated to those types of issues and also need to educate their employees on how to keep not only consumer Information safe but also the company information safe. The employees will need training which will mean more money, but the benefit from the employees having the training will overall save the companies millions if something were to go wrong. another addition to the cost will be upkeep. The company will have to constantly make sure their systems are up to date. to have it work effectively. Hackers prey on systems that aren’t up to date and it becomes easier to hack the older the system. the cost of implementing cyber Security programs would be up there, but there aren’t many or really any drawbacks to implementing the programs. In the end, The cyber programs may end up being costly, but for protection of assets, Information, and customer Information, I believe it is worth the investment.

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