Importance of Cybersecurity for Data Protection
In recent times, there has been a hike in the processing of the security issues in the digital platform. Budget of cyber-crime has been increasing drastically. This leads to the fact that the intensity of cyber-crime has been increasing in a drastic rate. Total investment that was made by the companies for protecting their databases from being hacked was nearly $5 million. This is the main reason that the data that are present in the platform of database must stay secured in nature.
Cyber security defines that it is a type of protection which provides protection against an interconnected network. This interconnected network can include software, hardware and data. In the aspect of computer systems the cybersecurity program is used for securing the data centers of the organizations. In this program confidentiality, availability and integrity of data is maintained. In this paper a proper plan to implement the cybersecurity in organizations will be evaluated. To implement this proper planning a business overview of the organization is required. Beside the business overview the products and services offered by the cybersecurity system will be evaluated. Also, the vision statement of the planning will be discussed in which the changes of the business structure will be discussed. Following the vision statement a SWOT analysis, a market analysis and a sales and marketing strategy will be evaluated. Analyzing the above mentioned topics the sales forecast and the pricing strategy will be extracted.
The product and services are needed to be decided before the cyber security plan is executed and more importantly implement it successfully. The important product and services that are needed for effective implementation of the cyber security program are:
It will ensure security for the cyber security program. It basically applies encryption algorithm to encrypt the data. Only the owner of the data will be able to interpret the data with decryption key.
Networking:
It will ensure communication for the system. The devices will be connected through the network. The computer system will be able to send and receive data through the network
Programming:
It will execute the computing algorithm that are necessary for communication. This is the major reason that the programming
System Hardening:
It is another means of securing the system. The system becomes vulnerable when it is associated with a lot of functions. In order to minimize that the system hardening is performed to secure the system which reduces the security issue of the system
Plan for Cybersecurity Implementation
Training:
It is required to make the user of the system aware about the issues, flaws, security glitches that are present in the system
Along with these vital services technical support and Consultancy and Advisory Services will also be provided for better customer support.
Vision Statement
The vision is to provide the world class cyber security service and create a strong market presence. In order to ensure that innovation will be striving force. Without innovation it will not be possible to create a cyber-security service that is as per the international standard. The security is one of the important aspect that needs to be ensured first as the service is all about ensuring the best security for the cyber system. The vision of the service is hence to create a strong security measure that not only meets the quality but versatility too. Blending of quality and technology is the primary mission for the service.
Roles and responsibility that must be taken for the completion of the projects are as follows: –
Chief Executive Manager: business strategies that are created by the project managers are approved by the Chief Executive Officers. There major role is to perform the processing of data management, leading to the fact that the data management of the entire business schedule is performed by him (Kogiso and Fujita 2015)
Administrator Manager: the major role of an administrator manager is that the processing of the implementation of Cyber Security gets better and the entre processing is controlled by the Administrative manager (Chertoff and Simon 2015). This leads to the fact that the data management that is done in the processing of company policies that are present and are needed to be followed in the course of the projection.
Chief Information Security Manager: Chief security manager plays one of the most important role as in this case, the chief information security manager is completely responsible for the processing of the data management and the security infrastructure is completely dependent on the Information Security Manager (Cavelty and Mauer 2016).
Customer Service Team: Customer Service Team plays a huge part in the completion of the project. This is due to the fact that the data management that is dine during the cyber security implementation, it is very obvious that flaws might arise and in that case, the Customer Service team is the only way out too resolve the problem.
SWOT analysis is generally conducted in order to understand the basic problems that are present in the course of the flow of business. SWOT analysis is done in order to perform the processing of data management. This includes the fact that the data management is done with utmost efficiency in order to generate accurate evaluation of results (Abomhara and Køien 2015).
Products and Services
Strengths: Major strengths that are present in the course of data management in the prospect of cyber security is that this process helps in termination of security related issues that are present in the framework of the data base that are present in infrastructural management. After implementation of cyber security the major advantage that one enjoys is that the data that are stored in the data base are secured in nature, leading to the fact that the imposters do not gain access to the data and no wrong use of the stored data can be made (Abawajy 2014).
Weakness: The fact that the industry of cyber security has been expanding in a great extent, which leads to the fact that the organizations that provide cyber security are also increasing. This is one of main reason that the quality of the products that are implemented during the processing of data management gets depleted and the robustness of the cyber security platforms has been decreasing (Kent 2016). Another major reason is that the data management by the local companies that provide cyber security is not very updated and the data management that is done by the local companies allow the imposters to break their security code and transform the robust platform into a weak platform and gain access to the data that are stored in the data base.
Opportunity: Implementing Cyber Security provides us with the opportunity that the data that are stored in the data base are due to the fact that the data that are stored in the data base are secured completely and the data that are present in the data base will ensure the fact that the data management is done with proper efficiency and in case the data base platform is not very robust in nature, implementation of cyber security measures will help the platform to get modulated and increase the robustness of the platform (Lee, Bagheri and Jin 2016).
Threat: Major threat that approaches the cyber security platform is that the data management that strategy that is used for the processing of securing the data that is stored in the data base can be fragile in nature and loop holes are present in the data center, this leads to the fact that the imposters who are trying to access the data base can access the data base by cracking a comparatively weak security (Hong, Liu and Govindarasu 2014). The main problem with a cyber-security implementation is that the platforms needs to be updated after regular interval. This is the reason that the data management is done with proper management of the platform.
Vision Statement
Market Trends: Usage of Cyber security platform is one of the most common factor as the data storage requires security in the processing of the data management. Imposters trying to gain access to the data base of the system is very common and data bases getting hacked by the imposters are increasing in day to day scenario (Cavelty 2014). This leads to the fact that data that are stored in the data base gets accessed by the imposters which directly harms the genuine clients, this leads to the fact that the data that are stored in the database are not secured. This emergence of cyber theft has been one pf the major reason that leads to the processing of data management with the help of the cyber security platform. This is one of the major reason that usage of cyber security has been increasing on a daily basis. Increase in implementation of cyber security is directly proportional to the cyber-crimes that are occurring (Wells, et al 2014).
Target Market: Cyber security is being used in every aspect of the industry. Despite this fact, the major focus on the processing of the data management is the corporate sector. The major reason n of targeting the corporate sector as their main functioning is related to the data transaction. Corporate sector mainly deals with the storage of data (Ben-Asher and Gonzalez 2015). They not only deal with storage of data but also storing the same and then modulating the data and transact the data. These are the major reasons that the data management is needed to be done with utmost efficiency and the business processing can be made with proper termination of the process. In case the imposters’ wants to gain access to the data that are stored in the data base without any security protocol, it gets easier for them. In case any security protocol is present in the course of the project, gaining access to the data center gets difficult for the business manager. This leads to the fact that the imposters will not gain access to the data that are stored in the data base of the corporate sector (Carr 2016). This is the reason that the corporate sector and specially the Information Technology Hubs are the main target for the implementation of cyber security.
Competitive Advantage: With an increase in the projection of the cyber theft the need of implementation of cyber security has been increasing. This leads to the fact that the emergence of cyber Security Company is very obvious. This is one of the major reason that the projection of data center will enhance the processing of cyber security (Hankin, et al 2016). Despite the fact that the number of organizations providing cyber security is increasing but the demand of organizations regarding the processing of the data base with the help of the cyber security platform. This leads to the fact that the data security that is being processed leads to the fact that the business management is done with utmost efficiency.
SWOT Analysis
Sales Forecast
Implementation of cyber security is one of the major reason leads to the fact that the data management can be done with the help of organizations who provide secured platforms. Theses organizations sale platform for completion of securing the data that is present in the database. This leads to the fact that the data that are present in the data base of the organization will ensure that the platform they provide will keep the data from the access of the imposters (Zhou, et al 2015).
Cyber Security Business Plan- PUBLICITY AND ADVERTISING STRATEGY
Publicity and advertising strategy plays an important role in the completion of the project. In case of completion of the project, the major instance that takes place is that the information regarding the implementation of the platform that will keep the platform of the organizations safe and secured incurs proper marketing and advertising strategy. This proper advertising strategy will take into consideration and highlight the positive aspects of the business organization. This is one of the major reason that the need of advertising of the products that are related to the cyber security of the business organizations. This will incur the fact that the data that are needed by the business organization to get aware regarding the functioning of the cyber security platform. In case the global audience does not get to know the usefulness of the data center using the cyber security. Hence this is the major stage of business operation in the course of data management. This leads to the fact that the data management is done with the help of proper advertising of the systems. This is one of the main reason that advertising plays an important source in the completion of the business management in the field of Cyber security (Liu, et al, 2015). Another major advantage is that the problems that are arising in the course of the data base can be accessed and spread with the help of proper advertisement. Spreading of awareness regarding the cyber theft and cyber-crimes also acts as one of the most important functions of advertising in the field of cyber security (Buczak, and Guven, 2016). Several seminars are created and trial versions are provided to the project, leading to the fact that the data management can be done with the help of proper marketing and advertising of the projects. Interactive website sessions are performed, which leads to the projection of data and information spreading, leading to the fact that the publicity of the technology will increase and performing the cyber security awareness regarding the implementation of cyber security
Market Trends
Pricing Strategy
In case of implementing cyber security the business organizations need to pay the security provider a basic amount.
This payment can be done with the help of the following methods: –
- Cash payment: In case of implementing the platform cash money can be paid after completion of the work.
- Payment with help of Check: Payment via check is also a method by which the users can pay the platform providers
- Payment with the help of online portals: Paying the money with the help of the online portals leads to the fact that the transaction of the amount is made in an authorized way.
- Payment with the help of bank cards: Payment with the help of bank cards include the fact that the amount required for completion of the implementation process can be directly paid via bank with the help of debit cards
In an average the cost that is incurred in the completion of the project are as follows: –
- Registering cost: Nearly $750
- Licensing cost: Nearly $2,250
- Hiring business advisors: Nearly $2,000
- Insurance policy cost: Nearly $2,000
- Operational cost: Nearly $150,000
- Administrative expenses: Nearly $30,000
Conclusion
From the above discussion it can be concluded that the implementation of cyber security platform is very essential as the processing of cyber thefts has been occurring. This leads to the fact that the need of implementation of cyber security platform is increasing in an exponential manner. From this report it can also be concluded that the cost that is incurred in the processing of the data management will incur a one-time investment and the investment that is made will incur the processing of the entire cyber security platform and will be acting beneficial for the organization that has implemented cyber security platform.
References
Buczak, A.L. and Guven, E., 2016. A survey of data mining and machine learning methods for cyber security intrusion detection. IEEE Communications Surveys & Tutorials, 18(2), pp.1153-1176.
Liu, Y., Sarabi, A., Zhang, J., Naghizadeh, P., Karir, M., Bailey, M. and Liu, M., 2015, August. Cloudy with a Chance of Breach: Forecasting Cyber Security Incidents. In USENIX Security Symposium (pp. 1009-1024).
Gordon, L.A., Loeb, M.P., Lucyshyn, W. and Zhou, L., 2015. Externalities and the magnitude of cyber security underinvestment by private sector firms: a modification of the Gordon-Loeb model. Journal of Information Security, 6(1), p.24.
Fielder, A., Panaousis, E., Malacaria, P., Hankin, C. and Smeraldi, F., 2016. Decision support approaches for cyber security investment. Decision Support Systems, 86, pp.13-23.
Ben-Asher, N. and Gonzalez, C., 2015. Effects of cyber security knowledge on attack detection. Computers in Human Behavior, 48, pp.51-61.
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Hong, J., Liu, C.C. and Govindarasu, M., 2014. Integrated anomaly detection for cyber security of the substations. IEEE Transactions on Smart Grid, 5(4), pp.1643-1653.
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Abomhara, M. and Køien, G.M., 2015. Cyber security and the internet of things: vulnerabilities, threats, intruders and attacks. Journal of Cyber Security, 4(1), pp.65-88.
Cavelty, M.D. and Mauer, V., 2016. Power and security in the information age: Investigating the role of the state in cyberspace. Routledge.
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