Why is network security important ?
That answer is easy: the importance of network security lies in the fact that your network is the backbone of your business. It supports all of your critical operations, applications, and data.
So if it’s compromised, your entire business can be at risk. That’s why you need to make sure your network is secure from external threats like viruses, malware, and hackers. According to statistics, small businesses are three times more likely to be targeted by cybercriminals than larger companies.
Fortunately, there are steps you can take to fortify your network and keep it safe. By implementing the right security measures – including firewalls, intrusion detection/prevention systems, and encryption – you can defend against potential attacks and keep your business running smoothly.
So don’t wait – start taking necessary precautions by learning more about the importance of network security in this blog.
Importance of Network Security
Network security involves a set of policies, processes and technologies set in place to improve network safety and protect your company’s systems, computers, and data from cybercriminals.
You can minimize the risks of malicious software and security breaches within your network by implementing different types of network security such as:
- Antivirus computer programs
- Password protection software
- Intrusion detection/prevention
- Email security
- Data loss prevention
- Anti-malware software
- And more
So, back to your original question: why is network security important ?
With over half of all cyber threat s targeted towards SMBs, it is important that you recognize the importance of network security and its benefits for your business.
From protecting your confidential information, to maintaining financial stability, and earning the trust of consumers, it only makes sense that you secure your organization from unauthorized access with a comprehensive network security system . Read on to learn more.
Common Network Security Threats
Network security helps protect against mistakes made by authorized personnel on your network and makes it harder for attackers to impersonate legitimate users or gain access to your computer network ’s data.
It becomes quickly evident why network is important to your business by looking at these cyber threats:
- Distributed denial of service (DDoS)
- Internal security threats
Benefits of Network Security
1. Protect Your Data
Through the proper implementation of network security measures,your business can make sure that its data is securely protected and that your online activities are safe from harm.
Why do we need cybersecurity ? Cyberattack costs are generally higher in the US, with 40% of attack victims incurring costs of $25,000 or more .
Network security, however, helps protect your business by:
- Securing the entire network system through the use of firewalls, antivirus software, and encryption tools
- Identifying the source of the threat so that they can be stopped in their tracks
- Controlling incoming and outgoing network traffic with predetermined security rules
- Identifying vulnerabilities in your network and strategies for mitigating them
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2. Builds Consumer Trust
With the ever-increasing rate of cyber attacks, it’s essential to establish strong policies for protecting customer information in order to maintain consumer trust and loyalty over the long term.
You can demonstrate the importance you place on data protection by implementing the necessary measures to protect customers’ information, such as encryption tools, two-factor authentication, and frequent security audits.
Establishing a secure network environment will help build confidence among customers that in the case your network is compromised, their sensitive data remains safe.
3. Save Money
According to statistics , t he average cost of a data breach across the world increased nearly 13% over the past two years. With costs of data breaches for small businesses becoming more severe, the importance of network security cannot be overstated.
A well-implemented network security plan will help you avoid both the financial losses and hassles that come with dealing with data breaches, not to mention the reputational damage that may accompany a successful attack.
Find out how Steady Networks can help your business save money with comprehensive cybersecurity solutions. Check out these additional resources!
4. Control Accessibility
Why do we need network security ? The reasons are numerous, but a particularly good one is that network security software helps you implement various levels of access to different users.
To further safeguard your network, authentication procedures are implemented to determine whether a user has the authorization to access a particular resource.
- Single-Factor/Primary Authentication
- Two-Factor Authentication (2FA)
- Single Sign-On (SSO)
- Challenge Handshake Authentication Protocol (CHAP)
- Multi-Factor Authentication (MFA)
- And more
Even physical access to network devices must be controlled to reduce the risk of insider threats.
This is why network security is important in helping prevent unauthorized users from gaining access to your systems as well as protecting client data .
Why Do We Need Network Security?
Without proper network security protocols in place to protect your business, you put your organization’s most valuable assets, business reputation, and client relationships at risk.
Managed service providers (MSPs) are valuable assets when it comes to educating your team on the importance of network security as well as implementing infrastructure to help protect networks across your organization.
Our team at Steady Networks is committed to helping you safeguard your sensitive information in the following ways:
- Maintaining information security
- Educating your team
- Addressing avenues of attack and how to preempt them
- Installing antivirus and other security programs.
- Ensuring your system is physically secure
- Testing your security
Book a free consultation to learn more about why network security is important and how our team at Steady Networks can start deploying new methods to safeguard your business today!