Cybersecurity growth is technology growth
Is cybersecurity growing at the same rate as technology? That is the IT growth question of the century. It is common knowledge that technology grows rapidly. For the most part, this is good news. This means our devices, what we do, and our businesses can advance every day. Where this is an important question for the entire online community, it is a question that can often get overlooked in the excitement of chasing down the latest, cutting-edge technology. Cybersecurity has become a hot topic and a talking point globally. With so many questions raised and proposed, coupled with so much being said about it, it is hard to know what we should know about cybersecurity. Here a few things everyone should know:
According to Forbes, the cybersecurity market reached $75 billion in 2015 and is expected to more than double and reach $170 billion by 2020. To put this number into perspective, CompTia puts the global IT industry at $3.4 trillion with the U.S. specifically bringing in a little over $1 trillion (numbers for 2017). Clearly the cybersecurity is growing, but it lags the growth of the IT industry. Nonetheless, cybersecurity and IT are similar in that you should remain aware of the newest trends/updates/versions of existing products as well as emerging products/systems. Similarly, adequate and appropriate research should be done on both before proceeding.
In terms of importance, cybersecurity is climbing to the top of priority lists everywhere and on various levels of the technology world. We’ve all heard of “scandals” related to cybersecurity such as the Wikileaks episodes, the NSA leaks and most recently the idea that Russia had an IT influence on the 2016 presidential elections. Where these pertained to government and national security, the business sector has had their fair share of IT hacks as well. For example, Target and Staples were hacked for customer credit card information on a large scale. Forbes cites small businesses as the most susceptible to being hacked. Naturally, individuals are not immune. Identity theft and online scam cases have become a dime a dozen.
You can take Cybersecurity into your own hands. In the U.S., there are laws that protect the online community and there are calls for certain safeguards to be put in place. Citizens have a right to a certain level of privacy and protection online. However, as a small business or individual, there are measures you can take yourself to protect either your person or your business. You can obtain services, programs and steps that can be executed by you to ensure that you are protected beyond the minimum standards. As with everything else, you are responsible for keeping yourself and your dependents safe.
Cybersecurity should be a non-negotiable point in both your personal and professional lives. It should be expected, demanded and provided while keeping in mind your role in protecting yourself, your family, your customers, your employees and your clients.
Ashley Morales is a Marketing Intern with C2G Partners.