Automated Security System Implementation Cost

Play an AI-generated podcast conversation about this lesson

What is identified as the most vulnerable area for hackers to attack?

Applications and software programs (correct)
Network security
Powerful firewalls
Data centers

Who plays a critical role in identifying and mitigating cybersecurity risks within an organization?

Human resources department
Board of directors (correct)
Marketing department
Finance department

What is one of the main reasons for the continuous rise in cybersecurity costs mentioned in the text?

Number of cybersecurity attacks (correct)
Decrease in cybercrime damages
Increased network security measures
Decrease in cyber threats

What is stated as a characteristic of hackers in the text?

They create new and out-of-the-box ideas to attack systems and data (A) Signup and view all the answers

What is highlighted as one of the emerging challenges in cybersecurity according to the text?

New forms and features of cyber threats (A) Signup and view all the answers

What does effective cybersecurity governance depend on?

Commitment, resources, and responsibility for cybersecurity management (B) Signup and view all the answers

According to Cybersecurity Ventures predictions, what is the estimated cost of global damages from cybercrimes annually by 2025?

$10.5 trillion (C) Signup and view all the answers

What should the board of directors be aware of to ensure effective governance?

Organization’s information assets and their criticality to ongoing business operations (B) Signup and view all the answers

What helps the board determine if its cybersecurity intent has been met?

Comprehensive risk assessments and business impact analyses (D) Signup and view all the answers

What is a key responsibility of senior management regarding cybersecurity governance?

Approving policy and providing appropriate monitoring and metrics (D) Signup and view all the answers

What must be included in the high-level results provided to the board periodically?

Comprehensive risk assessments and business impact analyses (C) Signup and view all the answers

Why should board members identify key assets they want protected?

To verify that protection levels and priorities are appropriate to a standard of due care (C) Signup and view all the answers

Why is the cost of deploying automated security systems a barrier for many small and medium-sized companies?

It is about US$2.88 million on average, making it unaffordable for many companies. (C) Signup and view all the answers

What is one of the main reasons why cybersecurity is important according to the text?

Cyber attacks can lead to financial and reputational damage for businesses. (D) Signup and view all the answers

How are cyber attacks described in the text?

Becoming progressively destructive with cybercriminals using sophisticated methods. (A) Signup and view all the answers

What is a focus of cybersecurity according to the text?

Developing appropriate response plans to minimize damage in the event of a cyber attack. (B) Signup and view all the answers

How does the text suggest that small and medium-sized companies can cope with increasing security threats?

By strictly following standard practices devised by regulatory authorities and industry standard organizations. (A) Signup and view all the answers

Why is GDPR mentioned in the context of cybersecurity importance?

It forces organizations to take better care of personal data they hold. (D) Signup and view all the answers