In order to become a major business driver and strategic decision influencer, companies must be aware of the need for cybersecurity—no matter the size of your organization.

A mature cybersecurity program is a differentiator that gives you a competitive edge in today’s business climate, especially for small and mid-sized businesses.

Addressing Business Risk

It is critical to note that cybersecurity is not limited to penetration testing and vulnerability management. Rather, an effective program should address information security across the enterprise and throughout the organization’s third-parties.

Correct investments in people, processes and technology should be made that support your organization’s defenses. Ultimately, a cybersecurity program should be seen as a typical cost of conducting business as opposed to a luxury.

The Regulatory Environment

Already, regulations are becoming more aggressive and global in nature with the advent of the European Union’s General Data Protection Regulation (GDPR). The regulatory environment has mandated greater attention to handling consumer data, even threatening to bestow serious penalties to companies that fail to observe the regulations and legislation.

Conclusion

Cybersecurity should not be overlooked. As threats become more sophisticated and costly, spending should increase as well. Being proactive about safeguarding your data and pertinent information is the only way to protect against large and small-scale breaches.

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