WHAT ARE THE COST AND BENEFITS OF DEVELOPING CYBERSECURITY PROGRAMS IN BUSINESS?
Business and Cybersecurity go hand and hand. You really can not have one or the other. Cybersecurity is the shield for business. It can protect the from getting hack and human behavior. Cybersecurity can protect a companies information, however it comes with a price. A lot of time and investment has to go into cyber because of how intimate and pivotal it can be for a business. A company would have to know how much security they need based off of their weakness and major information. Not all businesses are the same so each would vary between on another. Once that is settled than the actual process of setting up the cybersecurity comes into play. By buying and investing into all the resources that would protect their weaknesses. From major threats such as a hacker, or natural disaster. If the information is constantly backed up and is also on a different site than the company would not lose all its information. As well it would not all be lost. The cost and time or the downsides to a great and update cybersecurity and technology. This would even save you a lot of money down the line. Especially compared to a business who has not invested a single dime to it and has been hacked. Now they just lost thousands, even millions of dollars.