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Importance of Protection of Data in Cyber Security

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People often use the terms cybersecurity and data protection interchangeably. Although these concepts share similarities, they differ like rectangles and squares; both are shapes with four sides but differ in form.  Before diving into why data protection is crucial, it's important to clear up a common misconception: data protection is the same as cybersecurity. These are related but distinct areas that address different aspects of information security. Capital One Data Breach: A Case Study Background: Capital One, a major financial institution, suffered a significant data breach where an unauthorized individual accessed the personal information of approximately 106 million customers and applicants. Cybersecurity Aspect: The breach occurred due to a misconfigured web application firewall. This failure in cybersecurity measures allowed the attacker to bypass security and access sensitive data. Data Protection Aspect: After breaching the system, the attacker was able to extract sensit...

How to Avoid the Cybersecurity Threats in 2024?

It’s true that the digital world has brought us closer than ever before, yet it has also opened doors to cybercrimes. As 2024 unfolds, the cybersecurity space has literally become a battlefield with malicious actors constantly refining their hacking tactics and strategies. Statistical reports highlight a sharp rise in cloud intrusions, emphasizing the need  for having strong and robust cybersecurity measures in place. In the light of these challenges, let’s explore the current state of cybersecurity, shed light on the most critical threats and provide a strategic framework for mitigating risks. The Alarming Rise of Cybercrime Costs The cost of cybercrime keeps increasing rapidly. Hackers use ransomware attacks and phishing to steal important information. Sadly, no organization is safe from these attacks. The World Economic Forum's Global Cybersecurity Outlook shows this problem is getting worse and talks about the increasing "cyber divide". Geopolitical instability and f...