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What is Cyber Security

 

Cyber security, also referred to as information technology security, focuses on protecting computers, networks, programs, and data from unintended or unauthorized access, change, or destruction. Government agencies, the military, corporations, financial institutions, hospitals, and other groups collect, process, and store a great deal of confidential information on computers and transmit that data across networks to other computers. With the growing volume and sophistication of cyber attacks, ongoing attention is required to protect sensitive business and personal information, as well as safeguard national security. Why Cyber Security is Important; Cyber risk is now firmly at the top of the international agenda as high-profile breaches raise fears that hack attacks and other security failures could endanger the global economy. Cyber crime costs the global economy over US$400 billion per year, according to estimates by the Center for Strategic and International Studies.