The Importance of Cybersecurity in the Digital Economy

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In 2016, Uber faced a penalty for a data breach that affected countless individuals. Likewise, Facebook became a target of skilled hackers who managed to obtain critical, impactful information. Like Uber and Facebook, Equifax also experienced a data rupture which exposed the sensitive information of countless American citizens.

The time to take cybersecurity seriously is already upon us.

How to Set up Cybersecurity Defense Measures

In order to work against cyber attacks, there are various strategies to employ. First and foremost comes the creation of two-factor authentication processes. For many businesses and individuals, this can halt unwarranted log-ins before their inception.

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Next, enterprises (particularly small businesses) need to be sure they include cybersecurity defense measures into their budget. The cost is more than worth it; hackers and cybercriminals are getting savvier and better at successfully carrying out offenses. Therefore, individuals and businesses have the responsibility to beef up their cybersecurity. This can involve hiring skilled human talent or setting up the right programs and algorithms.