Starting from basics, what is the Cybersecurity meaning, what does cyber security do, what is the importance of cybersecurity.
There are thousands of definitions out there, but the most common one refers to the organisation’s ability to protect itself from online attacks.
Cyber attacks are on the rise and attackers keep evolving their methods. An organisation today needs to deploy way more sophisticated and advanced technology tools to protect against the evolving threats. However, cybersecurity is not only about technology utilised, it is mainly about people and processes. It needs the skills and expertise of highly skilled professionals and experts who are able to identify threats and propose corrective actions better than any system using of course the technology and right processes to their advantage to detect and prevent cyber attacks.
A definition of cyber security
A cyber security definition is: “the practice of protecting a business’s digital assets, including data, networks and systems, from cyber threats and unauthorised access to ensure confidentiality, integrity and availability.”
Over the years what cyber security does has changed to cover many more parameters. Following the increasing number of digital assets across an enterprise and especially those used during the pandemic, the deployment of advanced cyber security systems has changed the way we perceive cybersecurity.
The meaning of cyber security for Obrela
At Obrela we deliver on the promise to keep your business in business however this entails a continuous innovative approach, commitment to excellence and customer focus so as to be able to offer to customers security over everything. This the result of a combined business focused risk management with threat detection to deliver real-time cyber defence.
Key threats that underline the need of cyber security services
The continuous shift to a fully digital world, results in even more malicious online attacks across your critical national infrastructure, big businesses or even small enterprises with the increasing need to focus on ransomware attacks.
Ransomware may be an old technique but the increasing use of digital tools has also evolved the sophistication of ransomware attacks making it a lucrative business.
It basically exploits vulnerabilities in cybersecurity defences worldwide. This alarming trend leads to the need to deploy enhanced security measures, robust defences, and international cooperation to combat it.
SMEs estimate average losses of nearly £31,000 for each day they are forced to close, and a survey revealed most small businesses underestimate the true cost of an attack.
Cyber Security for Small Businesses
Obrela’s team has highlighted this issue early enough to educate and train the market to use the trusted services needed to protect their businesses before any attacks.
In today’s business, everything is interconnected, and many small firms are handling sensitive data or having their personnel accessing it remotely therefore security becomes an absolute priority. Failure to deal with it appropriately could mean a significant impact on revenue due to service downtime, loss of brand equity and customer trust, professional indemnity, non-compliance issues, and at worst criminal proceedings.
We’ve all seen how cyber criminals steal important personal data – like staff records or customer details – and ask for a ransom to not release the information into the public domain.
Why is it important to protect your operations
Without cyber security, it’s like you are leaving your home unlocked – or worse, going on holiday, leaving all your doors and windows open, the keys to your car in the ignition and the details of your bank accounts, savings and assets on the kitchen table for all to see.
So why would you treat your business like an open door for hackers? While the motivations are quite often purely financial, sometimes hackers do it for the fun of it, or approach their latest target as a challenge, which they then boast about online.
This ‘fun’ for them is hell for everyone else. Hacking can leave your finances in tatters, your reputation broken, and your company bankrupt.
It is therefore important to comprehend the importance of cyber security.
What cyber security solutions can do to help your business
You need to protect your digital assets from threats like data breaches, hacking and malware (malicious software). Cyber security solutions help safeguard sensitive information, including customer data and proprietary business information. It helps prevent financial losses from cyberattacks and mitigates the risk of reputational damage.
An evolved meaning of cyber security
However, under cyber security definition, these days it is not just the protection from threats and attacks, it is also how well a business can estimate and foresee potential risks from the attacking surface. As the next step in the digital transformation Government has established regulatory frameworks to help businesses better protect from leaking data. There are now compliance, privacy and policy issues that organisations need to consider whilst manufacturing and government organisations need to have a more vigilant approach on their supply chain and third-party providers processes. All these new and updated framework practices need to follow international industry standards to avoid a breach and also legal penalties.
Ultimately, a strong cyber security stance fosters customer trust and confidence, providing a competitive edge in the market.
The National Cyber Security Centre, and the UK government recommend ‘Cyber Essentials’, a specially created set of basic technical controls organisations should have in place to protect themselves against common online security threats. Ensure you meet the requirements, and you’ll receive certification, which demonstrates your ability to run a secure business.
Closing remarks
Having been able now to get a better understanding of what is cybersecurity and what does cybersecurity do along with the importance of cyber security, businesses need to evolve the way they deal with cyber-attacks across their digital universe.
At Obrela, we do more than create better cybersecurity. We create cyber resilience to defend every person, asset and goal your business has. Obrela. Security Over Everything.
Obrela delivers real- time, risk aligned managed detention and response services that provides an umbrella of defence over every aspect of your business.
We focus on risk over threats to bring business perspective to cyber defence to make security scalable, no matter how much your business grows.
We provide an umbrella of cybersecurity expertise to complement your team and complete any knowledge gaps. The Swordfish real time, risk management platform centralises data across your enterprise to bring business perspective to every cybersecurity decision.
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