Cyber security is the act of protecting and securing one’s personal and sensitive information from attackers or hackers online, or as its called the protection from cyber-attacks.
Cyber security has been around for about 90 years, it has started from 1970s, and since then it has developed a lot in addition to attracting a lot of attention to it, resulting in the build of cybersecurity companies and businesses, as off course for a happy life, money is required, and business is money.
Advantages of cyber security:
Cybersecurity use and deploy people, technological systems and tools to protect data on a small scale as a person data, and on a larger scale as large as national security, cybersecurity benefits is that it protects ones intellectual property, it prevents financial fraud, it prevents data from unauthorized access, it’s the main line of defense against hackers and cyber-attacks, and it also increases our confidence and our psychological thinking that our data is indeed safe and that there is nothing to worry about.
In cyber security, there is two types of security, we have defensive security, and the offensive security, you might ask what is the offensive security? The offensive security is when an ethical hacker tries to attack and breach your data so that he can point out the small breaches and weak points of the security systems, in order to be fixed, developed and protected from the actual hacker.
Disadvantages of cyber security:
Although cyber security has many benefits and advantages to one’s personal protection, it also has its list of draw backs, first of all cyber security is very expensive, small businesses may not be able to afford it, which will leave them at open risk to cyber-attacks, more over cyber security requires constant attention and monitoring, some people may find it risky to give their data away for somebody else in order to protect it and would make many scenarios in which what way this specific company would use their data, will they really protect our data?, is it really safe?, would they expose our data and sell it under the radar? And many more questions. There were many incidents in which cyber security failed to provide and protect from cyber-attacks, these incidents include the names of big companies, an example of that is the cyber-attack that happened on yahoo in 2014, more than 500million accounts were breached, personal data such as email address, passwords, names, telephone numbers and birthdates were exposed, the aftermath of this breach resulted in many effects on yahoo, as its stock price dropped by 3% after the first day only and it lost 1.3$billion in market capitalization.
So even though cybersecurity was developed throughout the years it also caught the attention of hackers and pushed cyber-attacks to develop as well, I think that it will be an endless cycle as cybersecurity companies will continue to develop its processes and security systems but at the same time it will force hackers and cyber-attacks to also develop and create new ways to breach their security systems.
References:
https://www.datacenterknowledge.com/security/are-you-getting-bang-your-cybersecurity-budget-buck
https://www.kaspersky.com/resource-center/definitions/what-is-cyber-security