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Glossary

Cybersecurity

Cybersecurity

Cybersecurity, also known as information security or IT security, refers to the practices, technologies and measures used to protect computers, networks, data and information. Its main purpose is to prevent unauthorized access, theft, damage or misuse or to minimize the resulting damage. The aim is to ensure the confidentiality, integrity and availability of computer systems and electronic data.

Vulnerability, access and risk management
Cybersecurity plays a crucial role in the day-to-day work of IT administrators, as they are responsible for protecting a company’s IT infrastructure and digital assets. A holistic cybersecurity strategy includes several components to ensure a reliable defense against various threats. Among other things, it includes identifying vulnerabilities and implementing security measures. Cybersecurity includes various tasks such as network monitoring, incident response and update management.

Legal requirements for IT security
Many countries and regions have already issued legal requirements to strengthen cybersecurity. In most cases, they oblige companies to implement certain protective measures or to prevent data loss. Examples of such laws include the General Data Protection Regulation (GDPR) and the NIS2 Directive in the European Union and the Cybersecurity Information Sharing Act (CISA) in the USA. Stricter rules apply to critical infrastructure organizations (KRITIS). Violations are punishable by fines and usually have a negative impact on a company’s reputation.

Cyber insurance against the event of damage
Since cyberattacks have become more frequent, companies are increasingly looking for ways to protect themselves financially against potential damage. Cyber insurance is one such policy that specifically targets cyber threats and risks. They can cover a variety of costs associated with a cyberattack, including data recovery costs, forensic investigations, liability claims and legal costs. Important: Cyber insurance should not replace an effective cybersecurity strategy. It remains essential to minimize the risk of cyberattacks in advance and limit the impact of an incident.