Cybersecurity: Understanding the Digital Fortress

Summary

Cybersecurity is vital in safeguarding computers, networks, programs, and data against unauthorized access and damage. As digital systems become increasingly integral to modern life, cybersecurity ensures the protection of sensitive information and maintains operational continuity. This chapter explores the fundamental types of cybersecurity, including network security, application security, information security, and operational security. It dives into the significant financial impact of cybercrime globally and regionally, highlighting the unique challenges faced by different industries such as financial services, health care, government, e‐commerce, and critical infrastructure. The chapter also examines the role of artificial intelligence (AI) and generative AI (GenAI) in enhancing cybersecurity measures, addressing ethical considerations, and navigating the global regulatory landscape to fortify digital defenses.