Journal #4

What are the costs and benefits of developing cybersecurity programs in business?

When developing cyber security programs in smaller businesses, one should examine and discuss the various cost and benefits of the development process. As the question states/ask, “examine & discuss the costs and benefits of developing cyber security programs in small businesses, starting with understanding where to start.” Later on it says, “start with how would you determine where and how to spend these limited dollars.” Being essential to the development process, I would say to determine where I would start, to begin, lets look at the NIST publication which informs shows that with the prioritization of security, which I would places the funds/limited dollars their, the small business can guide themselves safely for the future which proceeds to gaining and maintain the trust of their partners and customers in this current age which is technology “driven”. Allow me to list a few points one should observe when dealing with cybersecurity. First, the risk assessment. What is the risk assessment? If one decides to invest in cybersecurity a deep “risk assessment should be undertook. It helps identify potential problems/vulnerabilities, valuable assets, and possible threats. Next, identify key assets identify the most crucial assets in need of protection. Legal and regulatory requirements, employee training, Outsourcing, Incident Response Plan, Employee Buy-In, Regular Updates, and Patching Cyber Insurance. All in their own ways do these topics specialize in providing a more successful run with cybersecurity connections so that we wont be disappointed, but rather successful (like I said) in all that we do.

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