Developing cybersecurity programs in a business should be a pushed requirement when it comes to protecting a business, especially in current modern technology times. A major con when it comes to developing cybersecurity programs in a business is the cost. It can be extremely expensive for a business, big or small, to maintain a basic type of security program/system for the company, as it is an investment not only in the security of the company but also in the employees and clientele. When it comes to developing a cybersecurity program, one would need firewalls, antivirus software, and some sort of intrusion detection system, which are not cheap. It would also be wise if the business invested in secure servers and dedicated networks. The next cost would be employing cybersecurity professionals to maintain the programs. This would require hiring qualified individuals with the necessary skills and experience in cybersecurity maintenance. The last cost, or investment, would be training the employees to establish that everyone has been made aware of cyber risks and has an understanding of how to mitigate those risks.
One benefit of developing cybersecurity programs for a business would be the fact that the programs are protecting the business from cyber attacks, which would be very detrimental to the data, revenue, and reputation of the business. Recovering from a data breach can be quite costly and implementing cybersecurity programs is the first time to trying to prevent data breaches and other cyber incidents. Another benefit would be improving the trust that clients will have with the company, or business. When a business has a strong cybersecurity program in place, and the customers are able to see it in action, customers can rest assured that their information in being protected. This has the ability to enhance customer satisfaction as well as loyalty.