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Cybersecurity protects computer systems, applications, devices and data from ransomware and other malware threats, phishing scams and data theft. It also safeguards against financial losses due to business outages or compromised customer trust. The field of cybersecurity involves many skills, including technical know-how, risk management and people-oriented thinking.

The cost of a successful cyberattack is high, ranging from identity theft and extortion to lost productivity and permanent business closures. Typically, a business must hire outside law firms and public-relations and recovery specialists to manage the crisis, and it must forgo revenue from lost customers.

To reduce these risks, a company needs to focus on three key areas:

Integrity focuses on ensuring that information is accurate and unaltered. Availability means keeping systems up and running so that authorized users can access the data they need when they need it. Lastly, confidentiality keeps data and communications private from unwanted intruders.

Threats range from malware that erases or changes files, to phishing that attempts to steal credentials or other sensitive information, and to ransomware that encrypts data and demands payment in order to decrypt it. Attackers also target employees through social engineering to gain unauthorized access or by exploiting flaws in old and new applications, devices and operating systems.

Companies need solutions that are scalable and easy to use. That includes integrating a variety of solutions to mitigate risk across the organization, as well as providing training and education to employees on best practices in their roles. Moreover, the rapid rise of remote work, cloud technologies and connected “internet of things” devices increases the need for cyber defenses that can be implemented and managed on a granular level.