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Company Cybersecurity System: Assessment, Risks and Expectations

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Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The consequences of Industry 4.0 have adverse side effects on cybercrime growth, which requires creating an effective cybersecurity system for companies. Therefore, this study aims to develop a composite indicator of company cybersecurity to assess its development needs. For this purpose, the authors modified Porter's method by constructing a superposition matrix based on the growth rates of cyber threats and risks, calculating their quantitative characteristics and a composite indicator. The computations are based on indicators for 2016-2022 characterizing cybersecurity vulnerabilities and the consequences of cyber threats: the share of companies experiencing one, six or more successful cyberattacks, considering the likely and very likely success of cyberattacks on them in the next 12 months, security threat and concern indices, the share of companies with a growing security budget affected by ransomware and experiencing a shortage of skilled IT security personnel, the cost of stolen or compromised credentials. As a result, cybersecurity needs increased significantly for 2020-2022, mainly due to digital transformation and the cyber threats growth after the COVID-19 pandemic. A comparative analysis of the proposed indicator with those characterizing the development of Industry 4.0 showed that the need for a reliable cybersecurity system is much more important than the active development of modern technologies. Spending on IT is also increasing, but not enough to meet the needs of cybersecurity development, except for the 2022 results. The proposed indicator is defined for companies worldwide, but its versatility allows the methodology to be applied to enterprises of various industries and sizes.
Rocznik
Strony
379--392
Opis fizyczny
Bibliogr. 65 poz., rys., tab.
Twórcy
  • Department of Applied Social Sciences, Faculty of Organization and Management, Silesian University of Technology; Roosevelt St., 26, PL 41-800 Zabrze, Poland
  • Department of Management, Sumy State University; Rymskogo-Korsakova St., 2, 40007 Sumy, Ukraine
  • Computer Science and Engineering Department, Carlos III University of Madrid; De la Universidad St., 30, 28911 Leganés, Madrid, Spain
  • Economic Cybernetics Department, Sumy State University; Rymskogo-Korsakova St., 2, 40007 Sumy, Ukraine
  • JSofteris 41-219 Sosnowiec, Poland
  • Sumy Representative Office of the Insurance Company “VUSO”; Hetʹmana Pavla Skoropadsʹkoho St., 4, 40000 Sumy, Ukraine
autor
  • Economic Cybernetics Department, Sumy State University; Rymskogo-Korsakova St., 2, 40007 Sumy, Ukraine
  • Department of Financial Technologies and Entrepreneurship, Sumy State University; Rymskogo-Korsakova St., 2, 40007 Sumy, Ukraine
Bibliografia
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Uwagi
Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-dceb5646-1bec-458d-95eb-276821de7361
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