The need for international cyber security policies becomes clear when one takes into account the developments of cyber threats in 2023. Organizations have researched cyber security analytics and pleaded for international cooperation on cyber security. Cyber-crime is growing in magnitude, and therefore cybersecurity efforts should grow on a proportional basis.
“Nonprofit association of certified cybersecurity professionals, (ISC), and the Royal United Services Institute (RUSI), have released a new research report titled ‘Global Approaches to Cyber Policy, Legislation and Regulation.’ Findings from the report underscore the growing necessity for greater standardization and collaboration to ensure stronger and more resilient frameworks that support shared learning and best practices, amidst rapidly evolving cybersecurity policies and regulations around the world.” (Security Brief).
International cyber security policy and cooperation amongst nations would allow for the growth of cyber-crime to be combatted. A more unified effort to prevent cyber-attack will be more effective than a dispersed defense.
“Cyber-crime is growing exponentially. According to Cybersecurity Ventures, the cost of cybercrime is predicted to hit $8 trillion in 2023 and will grow to $10.5 trillion by 2025. Please see: eSentire | 2022 Official Cybercrime Report There are many factors for such growth and some of them will be explored in more detail below.” (Forbes).
Unifying the cyber security effort will help combat this growth. The ways individuals and companies can help is up to the policies that governments create.
The report from the ISC and the RUSI states that “‘To protect our national security, economies, critical infrastructure, and the data and privacy of our citizens, we need consistent, strong, forward-looking and joined up policies that enable cybersecurity professionals around the world to stay laser-focused on the most critical aspects of their jobs.’” (Security Brief).
Cyber hygiene becomes increasingly important the more the market for cyber security increases in size. Stay diligent and educate yourselves on cyber security and prevention of cyber-attacks on a personal and professional level. While government needs to create policies, individuals need to follow through on day-to-day cyber security tasks.
“Of course, there are many other trends and statistics to explore as the year unfolds. It is certainly a treacherous cyber ecosystem, and it is expanding with risk and threats. Being cyber-aware is part of the process of risk management and security and hopefully looking at the cyber-threat landscape will implore both industry and government to prioritize cybersecurity from the top down and bottom up!” (Forbes).
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Sources:
Security Brief. https://securitybrief.asia/story/urgent-calls-for-worldwide-cybersecurity-standards
