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RISK MANAGEMENT - CYBER SECURITY

Journal: FBIM Transactions (Vol.VII, No. 2)

Publication Date:

Authors : ;

Page : 69-77

Keywords : Cybersecurity; cybercrime; cyberrisk; risk management;

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Abstract

We are witnessing the great impact of the Internet and information technology on human life. Today, we can say with certainty that business entities and individuals are becoming more and more exposed to various forms of cyber-attacks and crime. The information and technology carry certain challenges and risks. Cyber-attacks can have devastating consequences and a huge impact on government, business subjects, their employees, customers, but also third parties. Such attacks and threats are among the biggest risks facing the corporate sector in the world today, and different modes of Internet and information technology security are used to cover risks. Risk management is a moral and legal obligation of every organization and society. Risk management gives the organization a clear view of the risks and the ability to act proactively to protect the resources and operations of the organization. Cybersecurity has been something that has finally started to be talked about and paid more attention in recent years, as we are witnessing an increasing number of hacking attacks, which represent one of the biggest challenges for the management of most prominent global companies.

Last modified: 2019-10-15 21:55:14