Why cyber security is important?

Question

Can anyone tell me why cybersecurity is important?

Answer 1

Importance of Cyber Security:

With the increase in data exponentially, this would be a huge and important task for cyber-security engineers to protect the data from any breaches. As per the latest statistics of IDC (International Data Corporation), the data available on the internet is 33 zeta bytes (10^21 bytes) and it is expected to grow up to 175 ZB by the end of 2025.

Cybercrimes have been exponentially increasing with every year. By the end of 2018, According to IC3 (Internet Crime Complaint Centre), there was a monetary loss of 2.71 billion U.S. dollars. Hence, cybersecurity is important to protect the data from cyber threats like malware, ransomware, phishing.

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