The document emphasizes the critical importance of cyber security due to the rising frequency and costs of cyber attacks, estimated to exceed $2 trillion by 2019. It highlights the vulnerability of organizations despite advancements in security technology and the need for automated security strategies to combat evolving threats. The conclusion stresses the necessity for cohesive cyber security practices and efficient response teams to mitigate the devastating impact of future attacks.

1. Importance Of
Cyber Security
How To Avoid CyberSecurity Threats

2. Introduction
In the ever growing battlefield of cyber security, it is nearly
impossible to quantify the reasons why cyber security is
important. Allowing malicious threats to run amok
anywhere, at any time, and in any context is far from
acceptable, and it especially applies to the intricate web of
customer and company data that cyber security teams are
striving to protect.

3. Progressive Devastation

4. Cyber Security Strategy
In the never ending battle of good versus evil, doubling down
on an effectively calculated cyber security strategy is
paramount. There are a multitude of reasons to invest in new
cyber security innovation for security operations teams, but
we are going to break it down to a few important points:

5. Attack Frequency
Start with the bare facts. Over the course of 2015, it was
estimated that over 700 million data records had been
compromised. Pairing this with the fact that the estimated cost
of cybercrime is estimated to rise to over $2 trillion by 2019 (and
costs around $400 billion annually now), the prospects for teams
in charge of cyber security are daunting. The frequency of
attacks today is unprecedented. The threats are evolving at such
a rapid pace that those wholly invested in the security industry
have a hard time keeping up.

6. We Are More Vulnerable
Despite the rise of the security industry, and its abundance of
new companies joining the effort to combat the ever expanding
world of threats, we are collectively vulnerable. Taking into
account new technologies that are of great convenience (e.g. the
cloud, big data, etc.), it becomes transparent why we should be
more reserved than ever. Cloud hacking, for example, does not
place so high on the hierarchy of difficulty in the world of
hacking.

7. Cyber Security Importance
When considering what to do about the increasing attacks, their
potential for devastating impact and the fact we are now more
vulnerable, it is more than clear why automated cyber security is
of growing importance. Compounding that with the fact that the
industry has a low turnout of manpower to build responses
against such attacks, it is doubly true.

8. Conclusion
To say the least, both the Ukrainian government and Tesco Bank
would have been better suited to lessen the devastation of these
attacks with an cohesive cyber security strategy with a pointed
security orchestration and automation. That is why cyber
security processes, procedures and efficient SOC teams play such
a pivotal role throughout the industry landscape. Attacks will
continue to happen will certainly scale larger and more costly.
While it is not the most comforting narrative to grasp, it is a
narrative that the industry as a whole needs to adopt in order to
prevent a continual loss of assets, revenue and data. Make the
risk not worth it.