Cyber Security Terminology for Level 2 Diploma in Business Beginners

As a beginner in the world of business, understanding cyber security terminology is crucial to protect your organization from potential threats. In this blog, we will break down some key terms that you need to know to navigate the complex world of cyber security.

Important Statistics on Cyber Security

Statistic Value
Number of data breaches in 2020 1,001
Average cost of a data breach $3.86 million
Percentage of breaches caused by human error 22%

Now that you have an idea of the importance of cyber security, let's dive into some key terminology:

Key Cyber Security Terminology

1. Malware: Malicious software designed to damage or gain unauthorized access to a computer system.

2. Phishing: A type of cyber attack where attackers trick individuals into providing sensitive information such as passwords or credit card details.

3. Firewall: A network security system that monitors and controls incoming and outgoing network traffic based on predetermined security rules.

4. Encryption: The process of converting data into a code to prevent unauthorized access.

5. Two-factor authentication: A security process that requires users to provide two different authentication factors to verify their identity.

By familiarizing yourself with these terms and concepts, you will be better equipped to protect your business from cyber threats. Remember, cyber security is everyone's responsibility, and staying informed is the first step towards a secure digital environment.