Importance of security assessment in Digital Age

Digitalization has increased the risk of cybersecurity threats, with cybercrime rising by 600% due to COVID-19. Businesses need to understand the importance of cybersecurity assessment to mitigate risks. Anti-virus programs are not enough to secure the data. Equifax's data breach cost $400 million due to vulnerabilities in their web framework. A security assessment evaluates organization's cloud security posture and identifies vulnerabilities. Testing measures the resilience of cloud assets when faced with an attack. Security assessments help businesses prepare better for an attack and solve lax data practices. Damages from cybercrime may hit a record high of $6 trillion by 2021 - this is an annual figure that cannot be ignored.

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