This report delves into the current status of network security, examining its effectiveness in protecting data and computing networks from unauthorized access. It highlights the increasing prevalence of cyber-attacks and the challenges companies face in securing their data, including malware, phishing, and denial-of-service attacks. The report reviews existing literature, identifying limitations in current security measures such as simple password-based systems and the use of third-party networks. It also discusses the reasons why network security may fail, including lack of awareness, misconfiguration, and the use of outdated tools. The report emphasizes the need for enhanced security strategies, employee training, and the implementation of advanced security tools like encryption to combat evolving cyber threats. Furthermore, the report provides recommendations for improving network security, emphasizing the importance of staying informed about data breaches and hacking problems and implementing advanced security measures to protect sensitive data. The report concludes by highlighting the ongoing need for research and development in network security to address the ever-changing landscape of cyber threats.