What are the costs and benefits of developing cybersecurity programs in business? – Cybersecurity is very important for a business to flourish. It is important because it protects the data, devices, and confidential information from cyber attackers. Cybersecurity also assists in avoiding an online scam, stay compliant with regulations, and protects an organization’s reputation. It also helps reduce the chances of a cyber attack and it additionally helps an organization recover if there was a cyber attack. It can be expensive to develop the right program for cybersecurity, but it is a necessary choice that has to be taken. This is because without a proper cybersecurity system an organization would be out in the open with a numerous amount of hackers targeting them. If there is a small business struggling or a business that does not know what to do, there are a couple of ways to cut corners. If there is fear in implementing a framework then the National Institute of Standards and Technology (NIST) has created many frameworks for security problems. One of their most well known frameworks is the NIST’s Cybersecurity framework which is a group of rules that was originally designed for government organizations that are now being used to this day. This is a free guide to look at for companies that struggle to know what to do. Another free option is the FIDO Alliance. FIDO (Fast Identity Online) is a group of technology-related security directions for strong authentication. FIDO is developed by the FIDO alliance, which is a nonprofit organization that seeks to standardize authentication at the client and protocol layers. FIDO authentication provides the user with phishing resistant credentials called passkeys to sign in with. There are plenty of options that can be taken in cybersecurity that can even help small businesses. With the help of the internet, a business can find the right pieces to help complete their cybersecurity system.
reference – https://fidoalliance.org/what-is-fido/
https://www.nist.gov/cyberframework/online-learning/five-functions
https://www.knowledgehut.com/blog/security/benefits-of-cyber-security
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