Discuss about the Challenges That Are Faced By Cyber Security In A Business.
In this report limelight is thrown on major challenges faced by business in cyber security. Cyber security is important for every organisation as it refers to set of methods that are used to maintain the integrity and confidentiality of data. Cyber security is used to protect the data from attacks or from any unauthorized access. The rapid growth of technology in the market has increased the threats that are caused due to cyber security. Thus it is very important to protect the information from cyber-attacks so that business can work appropriately. In an organisation cyber security is important to protect the networks which contain private information within them. In this report detail discussion is done regarding the challenges that are faced by cyber security in a business.
In today’s era as technology is changing and providing additional benefits to business. IT technology has captured the market of every business to make it fruitful by offering them capability to store their information online. The objective of this report is to figure out the challenges faced by the business due to cyber security. It is very essential part to maintain the information online and keep it safe as the organization completely relies on the data stored online. Cyber security keeps track of data packets and keeps the information confidential and available to valid end users.
The scope of this report is to find the challenges that occur due to cyber security and what are the risks associated with cyber-attack to a business. In IT word, there are numerous vulnerable threats that may cause significant damage loss of information as various unauthorized users tries to misuse the information which may lead to business disruption. The scope is to find the challenges associated with cyber security and take steps to resolve such issues.
According to (Sadeghi, Wachsmann and Waidner, 2015),cyber threats are likely are increase in upcoming years. Cyber criminals are rapidly increasing and targeting large organisations to capture their data. Therefore, it is important for every organisation to be aware about such scams and use certain defence methods to protect the network. Cyber security was designed to resolve the threats and protect the data of organisation (Fischer, 2017). There are numerous challenges a business is suffering due to cyber security which is used to handle large amount of data and protect the business by responding to cyber-attacks. Threats often destroy cyber security of a business by weakening the link and reading the data. Cyber security is an act that protects the system by improving the activities and quality. The challenges faced are due to three factors threats, vulnerabilities and its impact. Cyber security means protecting all the assets of business. For every organisation cyber security need to be practised but this concept has brought several challenges with respect to security (Welivesecurity, 2017). The reason for this challenge is somewhere diversity as every organisation has different environment and follow different models, so the supervisors need to regulate the industries accordingly. Every organisation has different legal and regulatory requirement which creates the chances of risks.
In the views of (Conti,et. al, 2018), there are various challenges that are faced by a business ranging from modification of data, denial of service, eavesdropping, masquerade, playback and various attacks. As all the valuable information is stored online thus it is important to maintain integrity of data by some unauthorized users modify the data without any prior knowledge which leads to loss of security. In some cases attackers tries to gain aces to data packets without any right that cause lack of confidentiality (Dimensiondata, 2016). Other challenges can be in the form of viruses that are software’s purposely created harm the organization. Additionally, worms are generated and infected in the system to make the computer work slow which in turn decreases the efficiency of the organisation. Several other ways that exploit the security of the system are spyware that collect important information of a business stored online without any prior knowledge (Linkedin, 2017).
According to the opinion of (Elmaghraby and Losavio, 2014), every business has adopted the used to internet based services and development of these services have increased the chances of cyber-attacks. It is essential to maintain the security of organisation and secure the system from all the threats. Malware is the common challenge that is faced by almost every business; it is a way through which hacker get inside the organisation and spoils the visibility. The challenges that affect the security of the business is digital data as online transactions are growing with time have opened doors for cybercriminals (Van, et. al, 2014). They read important information of the organisation and miss-treat them. Additionally cyber security has increased the chances of violation of supply chain interconnection. Hackers penetrate into the system and try to access the data in unauthorized fashion and as the data is stored online it has made easy for hackers to get into the network. They can enter the system by breaking the cyber security with very little efforts (Convergenceindia, 2016). Some challenges occur due to cyber security as online payments are completely vulnerable and hackers try to make money by breaking the security line. Additionally an issue arises due to advanced scams that may cause phishing attacks. There are various challenges every organisation is facing due to cyber security as some companies fail to ensure that data is properly encrypted and is stored in a secure environment. Majority of companies do not have assurance against loss of data plus only few companies’ use anti malware software’s to protect the system. Mobile technology is one of the cyber security challenges, as we are living in a highly connected world. This technology captures all the personal information which can be misused by hackers or unauthorized users which access the information while downloading any third party application. The other challenge is ransomware, it is latest viruses that gets into the computer while downloading the file (Simpson, 2017). Once it enters the system it encrypts all the personal data packets and uses it in an inappropriate manner. According to (Brookson, 2016), cyber threats have increased as hackers try to gather information by various techniques and violets the private information of an organisation. Hackers also try to scan and enumerate the vulnerability by searching the information in the whole network. Businesses are affected by cyber security as it exploits the information by detecting network traffic. Cyber hackers get access to resources and functionality of business can be disrupted which in turn creates problem. Challenge due to cyber security is that they give access to hackers unnoticeably and they simply wipe out the important information which may exploit their precious data. Cyber security threats are increasing day by day and are getting worse. These attacks have increased due to the growing technology. According to the research it can be stated that automated car system will give rise to attacks. These cars account to most of the personal information of a person which has given opportunities to hackers to steal the sensitive data. Cybercrime is a major threat in today’s world as it has not just affected the business but is harmful in government sector as a whole.
According to (Chertoff and Simon, 2015), the challenge is caused due to IOT as every object is connected to internet which have given a great platform to hackers to access the information by breaking the wall of security. The data stored line is the biggest threat in cyber security as millions of actions can be done within seconds that leave incredibly large number of digital footprints on the network, that can be used by hackers to perform malicious activities. Technology has played an important role in providing security to the system but it has said that security is good until the weakest link of the channel is secured, unfortunately the weakest link are human.
In the views of (Cherdantseva, et. al, 2016), Cyber security can have adverse effect on business as rising use of internet of things have affected the business. It is becoming easier for hackers to connect to these devices as access the data. Cyber security has somewhere secured the networks but still there are many back doors through which hackers can enter the system and violet the security standards. Business security is violated due to third party vendors which impose high risks to the business. There are millions of intrusions attempts detected on then system each day, and almost all the transactions are done online. Thus cyber security is need to maintain confidentiality of data packets and avoid malicious attacks. There are various antiviruses and firewalls using to secure the business channels but every business do not use these channels. Thus hackers attack the organisation by breaking their integrity. It is every important for an organisation to maintain mechanisms to recognize the threats. Cyber securities need to be managed in an effective way. Still, in the technological environment it is difficult to identify the threat and control the actions. It is not possible to mitigate all the risks caused by cyber security and these risk impacts the business by performing unwanted functions, degraded the performance and violating the privacy of information. Ownership of cyber security itself is a threat for an organisation. Business can face these threats while installing malicious hardware’s. These risks affect the business as cause loss of integrity, availability and confidentiality. Cyber security increases the chances of traceability and authenticity of business.
In the views of (Rawat and Bajracharya, 2015), every enterprise have common challenge that is protecting the data and maintain their IT infrastructure. It can be stated that cyber security open doors for hackers as they provide them way to access the information using these devices. Society is completely becoming dependent on the internet as everything ranging from political processes to economic transaction has provided a way for malicious user to cause cyber-attack. Apart from that as security method divides an organisation into different levels; each level has different security objectives peruse different skills and resources to protect the information. Hence, dividing the organisation according to security levels leads to problem while establishing new business. As each level of organisation uses different security levels which increases the chances of vulnerabilities. Concerns that every organisation face due to cyber security are unprecedented attacks, because of the presence of large amount of valuable information. Organisation uses cloud technology to store the data thus to avoid any attacks they need to be modified properly. Thus it can be stated that cyber security is used to ensure that confidently in maintained which in turn open doors for various malicious attacks. These attacks damage the security of the network as they often try to make efforts to misuse the data and damage the reputation of on-going business.
According to (Chang, 2016) , Cyber security is the biggest challenge for businesses as it was researched that vendors steel the credit card information and get passwords from business network. Cybercrime can cause huge damage to business’s reputation which results in loss of resources. Cyber security can cause lack of business knowledge apart from that hackers post fake ads and create false feedback platforms to destroy the trust among customers.
According to (Eling, 2018) , biggest challenges faced by cyber security is that data is growing day by day and there is shortage of personal analysis of cyber security because of that data gets stolen. Challenges faced by a business due to cyber security are due to use of artificial intelligence. Attackers use the power of machine learning to get the access of routes towards the network. Artificial intelligence can be used to identify the network and perform fraud attacks. Apart from that business have adopted ways of cyber security but there is no way to measure and manage the security policies. Cyber security affects the business as it will increase the overall cost by installing various firewalls and it is difficult to configure correctly. Cyber security needs to be updated and in order to keep the system up to date new software’s needs to be used. It also impacts the speed of the system by making it slow. Cyber security has already become a problem as it has affected mobile telephony networks. Mobile phones are used by hackers to steal information such as location of an individual, credit card accounts and important information of businesses.
In the views of (Buczak and Guven, 2016) , the major issue due to cyber security is that they often leave signatures on the network which can easily be traced. A successful attack on business leads in compromising the confidentiality, integrity, and availability of the content of business. Cyber threats can result in preventing the authorised users to access the information which leads to cause trust issues with loyal customers. Most of the cyber security issues arise from devices that are connected to internet. It can affect the business as it share the information to any end user without any prior permission. Business are connected to remote servers and interact through the network channels, the remote access can cause vulnerability of the information. Technological changes and development in the business sector has increased the complexity in security. Cyber security increase the chances of viruses entering the network which erase the data stored which can cause huge loss to the business. Unfortunately, it has researched that cyber security do not guarantee that the network is secure. Cyber security leads to various attacks like denial of services, hacking, malware and bonnets. Thus it is very important to maintain the security of a business.
Conclusion
It can be concluded from the report that information technology has altered the methods for business as it provide the business to use automated and updated technology to enhance the growth of the company. Cyber security has allowed the firms to increase their efficiency and effectiveness by storing their information online. As the information is accessible from anywhere and at any time, it has increased the chances of cyber-attacks. In this the discussion is done upon various challenges that businesses are facing due to cyber –security.
References
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