When the COVID-19 pandemic hit, many businesses were forced to take most or all of their operations online, leaving them more vulnerable to cyber-attacks than ever before.
Cybersecurity training for engineers will be crucial for companies in protecting against threats while minimizing the cost of investment in cybersecurity technologies. Not only will this training harness the potential of internal IT talents but will also make your company a safer place to work for everyone.
Why do engineers need cybersecurity training?
The prevalence of warfare and espionage in the digital arena is increasing as a more technologically oriented society takes root. The systems of the internet and computer software that engineers have built have been changing at a fast rate, and it is key that the people responsible for maintaining this infrastructure are educated in potential threats. Attacks are no longer only threatening to the computer’s software but are now targeting the hardware as well. With more systems being connected through key infrastructure components, hackers have wider access to gaining control of the devices.
The occurrence of cyber threats is increasing; in 2019, major companies like Capital One and T-Mobile were targeted by hackers, who exposed the personal information and data from customers. Ransomware also targeted more than 50 U.S. cities and software product supply chains. Data is a powerful tool in unlocking capabilities within a firm's scope of operation; a compromised database threatens millions of people in the chain of interaction with the company and its customers. These malware attacks also have the potential to harm governments and economies. Electrical and computer engineers have the ability to combine their technical skills with cybersecurity knowledge to orchestrate technological advances to protect the spread and containment of information. In the process of learning cyber security best practices, engineering professionals can also make progress in their own career development.
Why now, and why Momentum?
Last year, global losses from cybercrime hit nearly $1 trillion as the coronavirus pandemic provided new opportunities for hackers to target vulnerable consumers and businesses. Individual firms are losing upwards of $200,000 per incident, driving some small firms out of operation. The future benefits of protecting against these attacks outweigh the upfront costs of implementation and training.
For smaller companies looking to invest in protective measures, cybersecurity training for engineers may be the solution to maintaining confidential information while keeping costs down. On average, a cybersecurity software implementation is very expensive; outsourcing costs an average 40-person organization with no on-site servers, this would cost around $48,000 per year. With Momentum, training costs are minimized while providing a holistic coding training experience, developing well rounded personnel to handle any technological issue that the company faces. While outsourcing is expensive and will require more investment with each new problem, cybersecurity training for engineers offers a more personalized approach. Companies can find what trainings will best fit their needs and not have to look farther than their already established employee base.