Journal #7

Security is essential in every aspect of situation and conditions that goes on in peoples’ lives. Whether that be locking the doors, security cameras, or malware/virus protection for a computer, security is a necessary tool that helps individuals, organizations, and business strive in a world of constant risks and threats. Cybersecurity in businesses is one of the fundamental resources that organizations and companies must invest on in order to achieve and maintain the important goal to protect the confidentiality, integrity and availability of information coming and going within the system. Investing on string information security may be costly, especially for big companies who holds extensive amount of information viable for the functionality of the organization. However, a worth expense on a strong cyber protection system program is more favorable than million-dollar losses due to security breaches. Along with huge financial losses, such as detection, investigation, containment, recovering, and ex-post responding costs, external losses such as business disruption, damaged equipment, revenue losses and broken reputation is will be part of the negative impact of security breaches on business. In worst case scenarios, the lives of people may be affected by company security breaches by stolen information of clients and customers that, then, violates the trust that clients have put on the company. With all of the negative impacts that can cost companies if security is threatened and compromised, it is clear that there are more benefits to investing on slightly expensive security information than allowing potential losses that is capable of permanently shutting down organizations. Businesses can ensure well protected system is by developing secure systems, maintain up-to-date software, having a strong IT team, implementing effective policies, and a consistent training of employees. With these resources, business can benefit from them providing assurance of security and protection of all information by mitigating risks and threats of potential security compromises. A strong, functioning, and secured information will ensure the business services and revenue on a good standing with customers and the economy.

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