Cyber Security Risks for Global Businesses and Solutions Expected

Abstract

The use of the internet and its applications in businesses are increasing with the advent of modernization and ease of access of the internet. The cloud-based platforms are helping organizations to limit flaws and to improve their quality and communication. Every technological advancement has its own advantages and disadvantages involved and this research paper is aimed at investigate the cyber security issues and their effects on processes, people, and technology. The research highlights the expected and proposed solutions to overcome these issues as well. In the same manner, the future prediction to the problem along with their solutions is the part of this study. The major issues associated with cyber security highlighted in the paper are data breaches, CEO scams, Mining crypto currency, misuse of employee privileges, BYOD, and various hacking techniques. With that the paper also spread light on the solutions that that assist businesses to ensure secure cyber operations like integrated Fire eye solution, security results for industry and infrastructure, and data encryption products. The research concludes that the Cyber security is actually the protection of systems connected through internet. It protects all the hardware, data, and software present in these systems from cyber attacks such as MITM attacks and DDoS attacks.