Answer To: Information Security and Cybersecurity Challenging Issues (ISCSCIs) are a top priority for all...
Umakant answered on Oct 03 2021
Introduction
Currently millions of data generated by system in daily basis and this critical data must be secured. So, data security store data into data center and only authorized person can access the data from this information security system center anywhere and anytime. In case, if we are not able to access this data center or due to some circumstance, then always have a policy to diverts all resources or request forward, so work should not be blocker.
Cyber security, Computer security and information technology security these three are used to protect the system and network from unamortized user or can say from theft. They can damage their hardware, electronic or digital data or damage to their hardware.
Information Security is one kind of security, refers to the methodologies and processes in terms of network. which are typically designed and implemented to protect digital electronic media, print, and all connected device in form of the confidential privacy data, private information and data sensitive information. Electronics data from unauthorized access can be modification, disclosure, disruption, misuse or destruction. Another big challenge of cyber security is dealing with the dynamically increasing the number overlap between the dynamic physical and virtual worlds of sensitive information exchange data between multiple media. As take an example, driverless vehicles and other self-regulated electronic or smart devices become the normal. Latest technology the Internet of Things (IoT) business policies give criminals more access to these cyber-physical systems.
Importance of information security
For Large number of organizations, privacy data is their critical thing and becomes most important asset, so protecting it is crucial. Information security can be defined as “the practice of preventing unauthorized access i.e. can access to authorized person only, can use, disruption, inspection, disclosure, recording, modification or destruction of this critical information”. Information can take in many forms, such as physical and electronic. These Information securities (IT) security can performs four important roles:
1. Protects the multi-level organization data collects and uses.
2. Protects the organization’s ability to function.
3. Enables the safe side operation of existing download applications already implemented on the organization’s internal IT systems.
4. Safeguards the technology the organization uses.
Internal control techniques for managing information risks and security
When any one of them thinks to securing information organization risk and security, then the initial steps to proceed that they would come across is to create a strong password that is tough to crack like strong password consist of at least 8 to 12 characters long and combination of letter, numeric and some special character.(often so tough that the user forgets it!). after some interval of time these passwords should be change. Password should be share with any member as well as not to write in any platform where anyone can reach and guess your password.
To combat this critical situation, organizations are investing in cyber or information security protocols and digital frontiers. However, some organization believe that information security is a burden.
Following reasons why investing in information security is significant:
Increasingly sophisticated attackers
Number of cyber-attacks are increasing day by day Like DDoS, ransom and malware.
Rising cost of breaches
Cost of a breach = actual financial loss + cost of incident handling
Globally average cost of breaches is $31.26 million, in which the United States is leading with $4.11 million dollar.
Funded hackers and wide availability of hacking tools
Intellectual property threats account in every year by 26% of more than $650 billion cost of cybercrime to our world economy. The commercial of cybercrime provides easy access to the resources that needs to be launch severe attacks
Regulatory compliances
Not just only breaches but the regulatory laws declare by world security core member, like GDPR, they also enforce information security team to measures. The violation of these compliances may be cost heavily to the business’s perspective.
Proliferation of IoT devices
IoT (Internet of Things) is an easiest way for cyber criminals entered into the business. IoT devices are expected to grow to 23.4 billion by 2020 with $167 billion annual investment till 2023 on their...