In this lesson, Nick Palazzolo, CPA, clarifies the concepts of layered security and defense-in-depth, essential strategies in the realm of cybersecurity. Exploring the metaphor of building a castle with multiple walls and moats, Nick emphasizes the importance of setting up various defensive measures to combat a range of threats. He delves into the nuances between layered security, which involves integrating diverse protection strategies like firewalls and antivirus software, and defense-in-depth, which extends protection via a combination of physical, technical, and administrative controls. Through this lesson, you'll learn how these multifaceted approaches ensure comprehensive coverage to safeguard an organization’s IT environment, combining to form a robust barrier against potential security breaches.