Cyber security

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Cyber security

In today's world, technology plays a crucial role in our daily lives. This has led to an explosion of digital data creation. Many businesses and governments store a vast amount of data on computers and transmit it across networks to other computers. However, devices and their underlying systems have vulnerabilities that can be exploited by cybercriminals. When a data breach occurs, it can have disastrous consequences for any organization. A company's reputation can be severely damaged, resulting in the loss of consumer and partner trust. Critical data, such as source files or intellectual property, can also be lost, potentially costing a company its competitive edge. Moreover, a data breach can lead to non-compliance with data protection regulations, ultimately affecting corporate revenues. On average, a data breach costs an affected organization $3.6 million. Given the high-profile data breaches that make headlines, it is crucial that organizations implement a strong cybersecurity approach to protect themselves.

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