Cyber security, also known as information technology security, is a set of technological processes and practices designed to protect or defend computers, programmes, network and data from attack, unauthorized access, changeor damage. Confidential information from organizations likethe government, military or business is vulnerable when transmitted over the network. Safeguarding financial information, intellectual property and an organization’s reputation is a crucial part of business strategy, therefore elevating the role of information security in an organization is of utmost importance. With the complexity and increase in number of cyber-attacks every year, ongoing attention is required to protect customer information, financial data and employee records without constraining innovation and growth. As organizations invest inemerging technologies, they risk getting exposed to more and more cyber threats.Organizations now understand the value that security brings to business and hence ensure they have a comprehensive strategy in place to back up systems and procedures. In addition, end-users can better position their organizations with business partners, customers, investors and other stakeholders.
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The benefits of employing such a technology comprise protecting networks, computer and data from unauthorized access, faster recovery times in event of disruption, higher confidence in stakeholders, improved information security and business continuity management, providing a mechanism for developing and maintaining reliable system security controls and application of industry best practices to ensure compliance with regulatory requirements. Applications of cyber security can be classified based on several verticals, such as banking, financial services&insurance, telecom, media &entertainment, manufacturing, wholesale &distribution, energy &utilities, healthcare,...