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8 Lessons Learned: Finances

8 Lessons Learned: Finances

Why Security Regulation is Necessary When It Comes To Cyber Technology The creation of the web has brought with it several good things. The internet has facilitated things such as connectivity, research and even business. In as much as this is true, the internet has brought with it quite a number of challenges. Big organizations, individuals, and even countries have experienced issues as a result of problems in cyber security regulations. When it comes to trying to regulate the internet and things done online, it can be a bit challenging. This is due to the fact that many of the methods used to provide online security are not 100% full proof. The internet is a very sensitive area, and certain disruptive technologies help in creating more security challenges. Highlighted below are some reasons why there has to be some security regulations in cyber space. Prevention of Fraud The web has made it possible for people to practice crime online. Today, people are able to steal chunks of cash without any kind of physical armed robbery. With cyber security regulations, dangerous hackers who literally turn computers into zombies can be stopped or at least regulated. This essentially means that hackers are capable of using viruses and malware to do a lot of horrible things. With this kind of knowledge, criminal minded people are able to take things like credit card details and wipe bank accounts completely clean.
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The incorporation of cyber security regulations ensures that nobody with ill motives gains access to important data. This may include secret government or military information or even classified files about a particular organization. Such data can create a lot of havoc in a country if it lands in the wrong hands. Government offices make use of strict cyber security regulations to ensure that no computer is hacked. If secure files related to secret government operations and missions lands in the wrong hands, big security threats can be created. Deter Identity Theft This is a type of fraud where one pretends to be someone else so that they can gain access to unauthorized information. Most individuals who practice identity theft usually have a number of motives since it is a very serious criminal offense. This act might end up causing a security breach because some individuals use this information to steal important records. Using private details about government security agents derived from a government database is a good example of how an individual can easily cause a security breach by hacking. Each day a security breach occurs. Theft and homicides are examples of dangerous crimes that are happening because of cyber criminals making use of malware. Without proper cyber security regulation, nobody is safe.