What Makes Personal Cyber Security Important? The Right and Wrong Answers!
With the frequency and severity of cyber-attacks today, personal cyber security is turning out to be very important. The rapid growth of the threats make finding the right answers to this question rather complex, but investors in the sector are increasingly addressing the issues as they emerge.
To begin with, many organizations and individuals experience great financial losses and disruption to operations due to the attacks. For instance, in 2017 the ransomware known as WannaCry significantly affected over 300,000 computers in more than 150 countries.
Up to now, it remains one of the most widespread attacks of its kind; making it imperative for businesses to make personal cyber security measures a top priority. To the question, what makes cyber security important? There are several answers, but the most important of which are listed below.
Every day there are new cases of severe cyber threats, and the attendant costs run into billions. It is estimated that between 2013 and 2015 the cost of the attacks was around $500 billion. Expert forecasts indicate that by 2021 this figure could be as high as $6 trillion. The entire gamut of damages include embezzlement, theft of personal finances and personal information, fraud, lost productivity, lost money, theft of intellectual property, disruption to businesses after the attack , lost data, restoration of damaged data and the cost of carrying out forensic investigations. These are not the only consequences because there is still a lot more out there.
It is further predicted that the hacks and attacks on medical devices and systems will reach $101 billion by 2018, a fact that many investors in the industry do not know. The former CIO at the White House and the CSIO of Xerox, Dr. Alissa Johnson said that to ensure personal cyber security – everyone must remember the basics of preventing attacks. She added that security was not only the security team’s responsibility but the duty of everyone, especially with the escalation of phishing spear attacks.
The Importance of Cyber Security
It is becoming important to maintain regular personal cyber security supervision, because the level or degrees of the attacks are becoming bigger. The attack vectors being targeted are broadening every day and the destruction or disruptions are also increasing. Even politicians and other prominent personalities are not spared. It is not surprising that when the emails by Hillary Clinton became front news, Obama’s administration allocated $19 billion for personal cyber security.
The current administration of Donald Trump has also stepped up its effort to protect the digital infrastructure and systems in the US by singing an executive order to help matters. A leading company in initiatives of personal cyber security is Rubica.
The company is leading in the extension of digital protection for personal cyber security to institutions, individuals and companies.
With a suit of full service solutions for security, Rubica has the ability to help you anywhere in the world. Based in the US, the company works with advanced security professionals who have previously worked for Scotland Yard, NSA and the US Navy. It provides the best guarantee for your personal cyber security needs.