In our fast-paced digital world, safeguarding our information should be one of our paramount concerns. With sophisticated hackers utilizing both advanced AI empowered tools as well as time-tested techniques, cyber threats have become a staple in our daily news. However, the silver lining is that you don't need to be a tech aficionado to contribute to cybersecurity measures. In this article, we delve into the realm of cybersecurity, underscoring the imperative for collective involvement within an organization to keep our data secure.
Detecting human error
Did you know that most cyber threats involve human error? In fact, a whopping 82% of data breaches happen because of mistakes made by employees, according to Verizon’s "2022 Data Breach Investigations Report." That’s why it’s crucial for everyone, not just IT professionals, to be aware of how their actions can impact cybersecurity. From avoiding suspicious email links to keeping our work and personal information secure, everyday good practices utilized by everyone within an organization can play their vital role in maintaining security.
Leading a cyber safe organization
Companies of all sizes are at risk, not just from outside threats, but also from potential issues within their own teams and processes. A major part of keeping an organization safe is understanding these internal risks.
For instance, it typically takes a security team about 277 days to identify and fix a data breach.
That’s a long time, and it shows why prevention is so important. Businesses need to be aware of the risks and work together to protect against them.
Break down the silos Yet, establishing a robust cyber defense isn’t just about internal awareness; it necessitates clear communication between cyber leaders and business executives. Bridging this gap is vital, as it ensures that cyber risks are translated into business terms, fostering a united front against threats. It’s time to break down the silos and cultivate a language of cybersecurity that resonates across all sectors of the organization.
Weighing the costs of a breach
According to IBM’s “Cost of a Data Breach Report 2023” the average global cost of a data breach in 2023 was USD4.45 million, with this figure going up by 15% over the past 3 years. Prudent planning for organizations need to take this figure into account when weighing how much they need to invest in knowledge and infrastructure to prevent breaches. The cost of education and prevention should be seen as an investment to prevent costly breaches in security that can easily balloon.
So, how do we arm ourselves with crucial knowledge? At Stellar Capacity, we believe education is key. It's vital to embed cybersecurity awareness and informed decision-making throughout our organizations. This means that organizations should ensure all employees have access to regular and comprehensive training so they understand and practice safe data handling.
In the end, cybersecurity is a team effort. The digital world might be complex, but understanding how to protect ourselves doesn’t have to be. With the right knowledge and a proactive approach, we can all play a part in keeping our information safe. Let’s embrace the challenge and work together to build a safer digital world for everyone.