By: Microtek Learning
Jun. 29, 2021
Last Updated On: 1 Apr, 2022
Cybersecurity is important for businesses, whether it's large or small corporations. Let's face the fact; we live in a digital world. Our personal/work lives have all started approaching the world of the internet, electronic media, and mobile computing. Unluckily, all this happening makes us vulnerable to malicious attacks, fraud, invasions of privacy, and other such things.
That's why Cybersecurity is an essential part of a secure and well-ordered digital world. Cybersecurity protects us from hackers, cybercriminals, and other frauds.
But the question is, how good is your cybersecurity knowledge?
Well, we are here to help you with his article. Keep reading because knowledge is power, so get ready to be empowered!
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According to recent research, Cybersecurity cost $2 trillion to the world in 2019. There is a prediction that damages would hit $6 trillion by 2021 and around $10 billion global spendings in cybersecurity measures by 2027 to defend against these losses.
Everybody will hit by these everyday consumers experience phishing schemes, ransomware attacks, data breaches, identity theft, and financial losses. It just takes 5 minutes to hack an internet-connected device for hackers, and all your smartphones, smartwatch, computer, television, and home system will be hacked, according to a Netscout report.
Cybersecurity is a broad industry and offers multiple roles and positions.
Some common fields are:
The cybersecurity market is expected to rise from $152.71 billion in 2018 to $248.26 billion by 2023, at a compound annual growth rate (CAGR) of 10.2 per cent. The yearly average salary of cybersecurity professionals ranges from $110,000 to-170,000 (Source: Glassdoor).