Developing a cybersecurity program can have both costs and benefits, depending on the size of the business and program. Businesses that want to implement cybersecurity need to consider ongoing expenses and initial expenses. Ongoing expenses can be considered as routine maintenance of systems, cybersecurity awareness training, hiring cybersecurity professionals, conducting risk assessments, and system auditing. Routine maintenance is conducted to ensure systems are working in optimal conditions. Cybersecurity awareness training is significant for employees to ensure proper procedures and policies are being implemented when working with technology. Hiring cybersecurity professionals can aid in conducting risk assessments and performing audits on systems to test their security. These are expenses that businesses will need to pay periodically to maintain their cybersecurity program. Initial expenses are expenses that businesses will need to pay for during the beginning stages of their cybersecurity program. Initial expenses can be considered as software and hardware installations. Businesses should consider cybersecurity programs as an investment and prioritize their spending on these programs.<\/p>\n\n\n\n
Businesses that do not prioritize their budgeting toward cybersecurity can result in data breaches. A business can lose intellectual property or sensitive data, which can result in them spending millions of dollars to recover. Losing intellectual property or sensitive data can result in a loss of customers and a loss of business partnerships. It is significant for businesses to invest in cybersecurity programs as they can reduce the risks of cyber-attacks and result in enhancing customer satisfaction, increasing business reputation, maintaining partnership loyalty, and gaining a competitive advantage in their industry. As technology quickly develops, methods of cyber-attacks increase, so it is crucial businesses take the steps to create a proper cybersecurity program. The benefits of having a cybersecurity program outweigh the cost by ensuring the security of business’s systems and data. Most importantly, having a secure cybersecurity program can ensure customers\u2019 personal information is secure.<\/p>\n","protected":false},"excerpt":{"rendered":"
Developing a cybersecurity program can have both costs and benefits, depending on the size of the business and program. Businesses that want to implement cybersecurity need to consider ongoing expenses Continue Reading →<\/a><\/p>\n","protected":false},"author":25872,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wds_primary_category":0},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/posts\/301"}],"collection":[{"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/users\/25872"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/comments?post=301"}],"version-history":[{"count":1,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/posts\/301\/revisions"}],"predecessor-version":[{"id":302,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/posts\/301\/revisions\/302"}],"wp:attachment":[{"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/media?parent=301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/categories?post=301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.wp.odu.edu\/zsumu001\/wp-json\/wp\/v2\/tags?post=301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}