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6 Cybersecurity Myths That Every Organization Should Know

ByDave Stopher

Aug 16, 2019

Back in the ’90s, the internet was usually explained as “a domain for the nerds.”

However, unfortunately, that quote was repeated by US White House officials describing how cybersecurity is perceived today.

We’re setting a priority for an insecure future by reducing security measures to those “nerds.” With several cybersecurity misconceptions hovering over, the haze around the practical assessment of the current situation just isn’t going to be settled soon.

For that reason, it’s important for us to debunk such misconceptions before we handle the risk.

Myth #1: “Cyber Risk” Is Associated with A Specific Category

Classifying business risk as just “cyber risk” will certainly undercut the severity of the threat. William H. Saito, Consultant of the Cabinet Office of Federal government of Japan, says, “There is no such thing as “cyber risk” — it is a threat.” in his much-viewed post in Forbes.

He explains to his readers that cyber risk includes intellectual property to the security of employees and that it requires equal interest from the executive team and senior management.

Myth #2: Cybersecurity Is A New Type of Risk We Have Not Spotted

It perhaps normal to lean toward assuming cybersecurity as a problem unlike you have encountered before.

However, history can tell you nothing is actually new. During Victorian times, when commerce and communications changed with innovative developments in technologies, the risk identified was no different. Struggling for improving, wireless radio, and the telegraph was an avant-garde experience

Myth #3: Pulling Down Cybersecurity to an “IT Issue”

Cyber risks, when specified as “IT risk,” will simply stimulate pervading through the entire system. It is important to know, cyber threats cut across business units, and that is what’s threatening.

Important information once scanned, there is no earmarking cyber threat to any business.

Myth #4: Cyberattack Is Common — Many Businesses Are Attacked Every day

Detecting the number of cyber-attacks is actually a useless practice because it’s as good as detecting bacteria. What makes a difference is actually the “impact.” In some cases, figures lie. The cyber-attacks that are beaten down by basic defenses are also considered sometimes. Therefore, they can easily be a conflating combination. Smart actions are always to measure the threats and differentiate the way to cope with them.

Myth #5: Depending on Software Program Is Safe Enough

Despite the fact that a good software program is important to prevent cyber-attacks, it’s not enough to view a software program in isolation. People are usually the number one threat. It’s important you make investments in developing your resources and improve the functionality of cyber software program, thus, striking a fine balance between usability and safety.

Myth #6: Cyberpunks Don’t Target SMEs

The perception that cybercriminals don’t target SMEs is a dangerous one. SMEs not making an investment in cybersecurity is exactly what encourages attackers. Online hackers can easily access your data, which could be precious. A study released in 2015 by HM Government verifies the vulnerability with 74% of SMEs confirming a security breach.