Wednesday, 12 March 2014

Cyber Security - A need to secure your important data

What is Cyber Security ?

Cyber security also referred as information security, it can be defined as providing security to computers, networks, and data from an unauthorized access, change or destruction. Cyber security provides the way for  protecting the information we rely on everyday.
Cyber security has the great importance as it is very essential for the individuals or business organizations to maintain and secure the huge amount of data over the network.Cyber security provides the solution to the problems like cyber attacks.



There are three principles of cyber security :

Availability:
Right kind of information should be available to those who need it.

Integrity:
The information must not be altered from its original state.

Confidentiality:
 Information must not get leaked. Information must get shared with the authorized users only.

Why Cyber Security is so important ?

Governments, military, corporations, financial institutions, hospitals and other businesses requires to maintain huge amount of data and they store a great deal of information on computers and transmit that data across networks to other computers. because of the increasing amount of cyber attacks, ongoing attention becomes essential  to protect sensitive business and personal information, as well as safeguard national security.

Cyber Security Industry Forecasts: 

The cyber security industry is expected to experience high growth in the near future because of its great importance.The global cyber security industry is calculated to grow from $63.7 billion in 2011 to $120.1 billion by 2017, at an estimated CAGR of 11.3% from 2012 to 2017. Companies such as Cisco Systems, Inc. (U.S.), Check Point Software Technologies (Israel), Kaspersky Lab  (Russia), Fortinet, Inc. (U.S.), IBM Corporation (U.S), CA Technologies (U.S.), and McAfee, Inc. (U.S.), and Symantec Corporation (U.S.) are key market players.

The report provides in-depth analysis of various industry verticals such as BFSI (banking & financial services institutions), public sector & utilities, manufacturing, IT & Telecommunication, Healthcare & Life-sciences, Retail & Wholesale Distribution, and others. Also describes the emerging trends in cyber security across geographies.

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