Journal #7

Developing cybersecurity programs that are cost effective depend on many factors. Sometimes, businesses can undergo unfortunate events where it does not matter where they put there money. For example, you could invest in a cybersecurity professional that works on your defense, and then a hacker attacks the network when he is still developing the defense. The best way to be cost effective when ensuring cybersecurity for a business is to start with a stable base. Investing in the technology and resources needed for defense is essential for the business anyways. The next cost effective practice to do is to train and educate employees on what to do in case of a cyberattack is and so on. These are the most important costs, but there are others that come along the way. Planning for potential fails and financial losses is important as well. For example, keeping backups of data so that an attack would have less damage to the business. There a plenty of benefits to developing a cybersecurity program in a business. The biggest thing is keeping information or valuables safe. If you want to grow as a company, you have to keep sensitive data safe from hackers. It also keeps your business running for longer if you are safe from cyberattacks. The world is switching to digital everything, including money, information, etc. Physical defense is important, but if someone can click a couple buttons and steal a company’s money, then the business will not last very long. Not only will the company last longer with a cybersecurity program, but they will have a higher reputation because companies will look to see the business protected and long lasting, while their company may be suffering from cyberattacks. Customers will also look to want to work with the business because they know their information with the company will be safe, and that they can trust the company.

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