What are the costs and benefits of developing cybersecurity programs in business?

Cybersecurity is extremely important for businesses because the system needs to be set up in order to prevent. The system helps protect companies’ information from hackers and human error. Unfortunately, cybersecurity programs set up can be costly though. One cost would be for initial set up includes hiring a cybersecurity company to install their system on your electronics. Some research on the type of cybersecurity program is needed and finding out where most of risk are in order to protect the most efficiently. The second cost would be training your employees on the new system. This can be a finical cost if an outside teacher is hire since this is will take time to teach and learn. It would take a couple weeks for employees for them to get used to the system and to make sure no of them are leaving themselves at risk of a cyber-attack. The third cost would be upkeep and maintenance. Because is extremely important to update software when the newer versions come out. In order to ensure the system is up to date and will be able to defend against cyber-attacks. The benefits of installing a cybersecurity system is keeping your company safe from hackers. An example let’s say that your company was Apple, hackers might try and hack into the system to steal the designs for the new iPhone then sell it to your competitors. A cybersecurity program prevents this from and keep private information private. An alternative reason cybersecurity programs are important is because it keeps employees safe from personal attacks. If the system is hacked your employees and your personal information could be released such as name, address and phone number. Furthermore, Cybersecurity programs can be costly to install and maintain. They are in the long run definitely worth the investment.