Why Cyber Security Should Be The Top Priority

Cybersecurity should be a top priority due to the growing threat of cyberattacks and the potential consequences for individuals, businesses, and governments.

Since the entire world is connected to the internet, it is not surprising that cyber security is a top priority for a country’s administration on every level.

Unprotected databases and network systems risk intrusions by foreign nations and terrorists who can take advantage of a country’s security weaknesses and access its sensitive information

As we move further into 2023, executives and CIOs are recognizing the importance of prioritizing cybersecurity to prevent costly data breaches and protect sensitive information.

According to a survey of over 1,500 businesses, 74% of respondents stated that cybersecurity is a very high priority for their senior management, and 67% have invested in cybersecurity measures within the past year.

The Cyber Security Breaches Survey 2017 also highlighted alarming statistics that should serve as a warning to businesses: 46% of UK businesses experienced at least one cybersecurity breach in the past year, with the average cost being around £1,570.

Furthermore, the interconnectedness of our world means that unprotected databases and network systems are vulnerable to attacks from foreign nations and terrorists.

Such intrusions can exploit security weaknesses and access sensitive information, potentially causing serious harm to individuals and organizations.

In conclusion, with the increasing prevalence and severity of cyberattacks, it is crucial for individuals, businesses, and governments to prioritize cybersecurity measures to protect themselves and their sensitive information. As Ajay Jotwani, CEO of i2Chain Inc., highlights, cybersecurity should be top of mind for all executives in 2023.

Cyber SECURITY