as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the importance of cybersecurity for businesses.
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cybersecurity is important for businesses as it protects an organization's sensitive data from malicious threats like hackers and viruses. cybersecurity measures help to secure customer data and proprietary information and prevent data breaches and identity theft, protecting an organization from financial or reputational damage. additionally, cyber security can help to protect an organization from phishing attacks, ransomware, and other malicious cyber threats.
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