Cybersecurity refers to protecting hardware, software, and data from intruders. The main goal of cyber security is to protect against cyber attacks such as access, modification, or destruction of confidential information. Check the most important questions to ask about cybersecurity for Boards in the article below.

What Are the Main Elements of Cybersecurity?

Cyberattacks are carried out for illegal access to a device, network, or infrastructure. They lead to the loss of confidential information, theft of funds, disruption of business processes, and, as a result, reputational and direct financial damage.

A cybersecurity specialist helps protect sensitive data from leaks and breaches of integrity. Protection of digital assets is needed more and more every year, so experts in this field will always be in demand in the labor market.

The main elements of cybersecurity are:

    • Information Security.
    • Network Security.
    • Operational security.
    • Application Security.
    • End-user training.
    • Business continuity planning.

The Main Benefits of the Cybersecurity

Information security often suffers due to the human factor, so staff training is the basis for incident prevention. It is important for employees to explain the need to set complex passwords for accounts and change them periodically, provide instructions for handling confidential information, and explain the need for data backup.

The benefits of cybersecurity are as follows:

      • It protects businesses from ransomware, malware, social engineering, and phishing.
      • It protects end users.
      • This gives good protection for both data and networks.
      • Increase recovery time after the violation.
      • Cyber security prevents unauthorized users.

The experience of leading companies shows that the creation of an information and analytical support system at an enterprise is accompanied by a certain increase in its tangible assets (for example, hardware) and, first of all, intangible assets. After all, such a system is a set of tools and means for obtaining data, analytical methods, the organizational unit of the enterprise, and also intangible values, which are subject to property rights.

What Are Ten Questions that Boards Need to Ask About Cybersecurity?

Cybersecurity is an ongoing process, not a result. New, more sophisticated ways of cyberattacks are emerging every day. Therefore, companies and employees need to constantly conduct internal audits, analyze the current situation in the company, train employees and improve their cybersecurity literacy. Any user should know about the basics of information security. Access to data can be either stolen or granted – intentionally or not.

Among ten questions Boards need to ask about cybersecurity are:

      1. What is cyber security?
      2. What specialists are involved in cybersecurity?
      3. What does this industry look like in 2022?
      4. Do you know the basics of cybersecurity?
      5. Are data visualization capabilities supported?
      6. What is a cyber-security checklist?
      7. What risk management framework are you using?
      8. How do you involve management in the cybersecurity picture?
      9. How do you include cybersecurity risks in your enterprise risk management?
      10. What are the biggest cybersecurity threats right now?

It is important to understand that information security is not a finished object. The security system should be continuously upgraded, protecting the IT infrastructure from current threats. Cyberattacks are making headlines every day and costing businesses millions, but companies are considering whether investing in cybersecurity is a good idea or not. Data security is often overlooked by most companies. It is only after becoming the victim of a cyberattack that they realize the importance of security measures.