The financial side of information security

 One of the biggest data protection problems is the financial side. Scams and fraud generate big losses for companies that have their systems hacked or their data compromised, which can be stolen or corrupted. The impact that a cyber threat can have on a company is very high, and can even lead to the closure of the company.

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In large publicly traded companies, the risks are even greater, as there are external and internal investors. Generally, the directors want to have a period of return on the amount invested or to know how much this investment will generate income for the company. 


In small and medium-sized businesses, data theft can expose plans to competitors and sensitive data. In addition, the company's image is damaged, leading to loss of consumers and market confidence. 

The Linux administrator ensures the systems are updated with changing technologies.

In this sense, it is important that IT managers know how to defend the importance of investments in digital security . Knowing the damage caused by this type of problem, it is easier to demonstrate the importance of data security for business and how investment in this area prevents or reduces the chances that the company will suffer major losses in the event of an attack. 

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