There are many benefits when it comes to developing cybersecurity programs in business. One benefit is the protection of personal data. Depending on what time of company we are talking about there is going to be a certain amount of personal information that the business has stored about their clients. For example, a financial institution is going to have your credit/debit cards, investments, account information, etc. Cybersecurity programs are going to protect potential threats from gaining access to that information by setting up multiple factors of authentication for systems and steps towards recovering as much information as possible if the attack actually happens. If an attack were to be successful and there wasn’t a cybersecurity program in place, I’m not sure how much information could be saved.

The one key point that I would like to touch base on is, it does not hurt to be extra careful. An example of this would be enabling two-factor authentication. 2FA might take an extra thirty seconds to a minute to get logged into an account, but it is going deter threats from trying any further. Some of the costs associated with cybersecurity attacks on companies are huge. Cybersecurity costs are going to affect smaller companies than any other companies just because of the lack of establishment and money. Smaller companies are victims of cybersecurity because they are looked at as an easier target where they aren’t as established as others they might have weaker security to breach. One thing is when it comes to costs of the after affects of cybersecurity attacks on smaller businesses, it could literally shut down the business depending on how much information is damaged or stolen. A good program that will protect your company should be set in place to prevent, but even if something gets through at least you have an effort of recovering.