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With hackers and unscrupulous individuals still present on the web, cybersecurity will continue to be an area that must evolve so that the private data of individuals and businesses stays securely in their hands. By 2020, the valueof the cyber security market is expected to be valued at $170 billion, which will double its size in just five years.

Business And Cybersecurity

SMB organizations and Fortune 500 companies continue to see a need to protect their intellectual property. It’s estimated that businesses will be spending over $100 billion on cybersecurity devices, hardware and software in just a couple of years.

This is increasing the opportunities that are available in the cyber security industry. Many new jobs will be available in the space.

There’s already a vulnerability in areas such as big data and cloud storage that require assistance. The healthcare industry is also in need of cyber security specialist as these organizations must follow HIPPA standards.

The Vulnerability Of Big Data

Each year, larger amounts of data are being used by businesses to analyze trends, monitor operations and forecast growth. Unfortunately, this data often comes in new formats and types, which makes it less structured and more vulnerable to an attack than conventional data.

There’s a lack of internal processes that can properly thwart this vulnerability. It’s becoming more important to focus on cybersecurity in this area and continue to maintain and update software so that basic security stays as impenetrable as possible.

Cloud Storage Security

A large number of companies have moved to cloud computing to run operations and store data. Obviously, this could create a problem if this data is not protected by the latest software updates and technology.

Cloud storage companies must continue to stay ahead of hackers by patching any vulnerabilities that emerge. Any instability or points of insecure access must be quickly resolved in order to ensure that data stays safe.

Train Non-Technical Staff

It’s becoming more important for companies to provide some type of cybersecurity basic training to areas of staff that are in non-technical positions. There should be some protocol that teaches them how to handle a cyber attack.

In addition, it’s also important to remind employees about best practices that they should use to help avoid a data breach. Often, access is created by having poor password management or falling for a phishing attempt. Keep your employees updated with reminders to change passwords and update security software.