The Mental Health of CYBER SECURITY and WEB 3
The fear of technology, known as technophobia, is the fear or dislike of advanced technology or complex devices, especially computers. Technophobia is surprisingly common, affecting one-third of the population, which can cause health problems and an inability to work efficiently.
Traditionally, teens and young adults are the first to embrace new products and the first to become proficient with them, followed shortly by younger children. Adults are generally somewhat slower to adopt to new technologies, and some seniors may never embrace them.
From robots bent on destruction to missiles, films, literature, and TV shows are filled with “technology gone wrong.” We are afraid of an uncertain future, and our minds begin to fill in the blanks.
With the evolution and improvement of Web2.0, Web 3.0 is built upon the concepts that involve decentralization, openness, and greater user utility. For instance:
· While current Web 2.0 focuses more on applications, Web3 transforms the internet into a more consumer-focused system with greater user utility, experience, privacy & better cybersecurity.
· Web 3.0 allows for simplified log-in to websites using blockchain technology.
· Web3 blockchain technology makes it difficult for hackers to access information due to end-to-end encryption. Even better, provides an added layer of security to the company’s website.
These specifications might help the users feel a little more encouraged to try out technology as they would be the owners of the data once fed in by companies. In the workplace, the community-based environment should help people vary technology to be handheld and trained for this new world.
But with the good comes the bad, as Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. That the threat of ransomware attacks and data breaches have heavily affected firms in the past year. And businesses suffered 50% more cyberattack attempts per week since 2020.
Consequently, one should stop and ponder on what the negative impact of unstable cybersecurity could be on mental health. For instance:
· Getting hacked, having your data and money stolen can lead to anxiety, depression and PTSD.
· According to a 2021 report covered by ITProPortal, about 80% of cybersecurity personnel said they’re dealing with a higher level of stress in the wake of the pandemic as opposed to prior.
· Cyber attacks can damage your business’ reputation and erode the trust customers have in you. This, in turn, could potentially lead to a loss of customers and loss of sales.
It is thus predicted that —
· Global spending on cybersecurity products and services will increase to $1.75 trillion cumulatively for the five-year period from 2021 to 2025,
· The pandemic presented lots of new cybersecurity issues and companies are working diligently to ensure they are prepared for anything that comes their way in the future.
Therefore, it is critical to ensure that identities are authentic and private. As a result, the idea of decentralizing identity data has gained momentum.
1. This approach — often built atop a zero-trust approach to security — incorporates distributed digital technology, typically through a private blockchain.
2. This approach ensures that valued data isn’t stored in a central repository, and it serves as an immutable verification system.
3. Web3 was based on the concept that users should own their own identity online and reveal parts of that identity only when they decide to do so.
4. Decentralized ID delivers significant benefits. The framework reduces data fragmentation and password reuse; it cuts third parties out of the picture through sovereign identity; and, most importantly, it offers far better protection from hackers while delivering a more convenient user experience.
5. This is the right time for all Companies for transitioning to a zero-trust framework for cybersecurity.
Positive Impact of Robust & safe secured WEB platform on Mental health-
- Protection for your business — cyber security being in place, the digital protection to a business will be ensured. Employees wouldn’t be at risk from potential threats such as Adware and Ransomware.
- Increased productivity — viruses can slow down computers to a crawl, making work practically impossible. An effective platform eliminates this possibility, maximizing the business’ potential output.
- Inspires customer confidence — A business effectively protected against all kinds of cyber breaches, inspires trust in the customers about their personal data not being compromised.
In conclusion, Web2 is accepted by all authorities by and large. Web3 will take its time to be accepted and validated by any court of law or bank. But with time and experience, it is certain Web 3 will help mankind positively.
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