Digitalization and Cyber Risks

Digitalization, considered in a broad sense as the most important modern trend of social development, is generally accompanied not only by positive consequences for the economy and society, but also by challenges, threats, as well as negative consequences of the implementation of these threats. Digi...

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Main Authors: V. G. Khalin, G. V. Chernova
Format: Article
Language:English
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2023-08-01
Series:Управленческое консультирование
Subjects:
Online Access:https://www.acjournal.ru/jour/article/view/2302
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author V. G. Khalin
G. V. Chernova
author_facet V. G. Khalin
G. V. Chernova
author_sort V. G. Khalin
collection DOAJ
description Digitalization, considered in a broad sense as the most important modern trend of social development, is generally accompanied not only by positive consequences for the economy and society, but also by challenges, threats, as well as negative consequences of the implementation of these threats. Digitalization, considered in a narrow sense as the transformation of information of any kind into its digital form and involving the use of digital information, can also be described by challenges, threats, negative consequences and risks. Among the latter, a significant role is played by the risks of violating the security of digital information — cyber risks. Since they can have a negative impact on digitalization, considered both in a broad and narrow sense, there is a problem of allocating cyber risks and managing them in order to reduce possible losses and damage caused by the implementation of these cyber risks. The article defines the interrelationships of the concepts of digitalization, challenge, threat, negative consequence and risk; identifies the role and justifies the high importance of a cyber call as a requirement to ensure the security of digital information; determines the factors of influence on cyber risks; suggests a variant of building a cyber risk management program, the implementation of which will contribute to reducing the possible negative consequences of digitalization caused by a violation of the security of digital information.
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spelling doaj-art-cec8744db3854f6b8d3903e896fdfd502025-08-20T02:54:54ZengNorth-West institute of management of the Russian Presidential Academy of National Economy and Public AdministrationУправленческое консультирование1726-11391816-85902023-08-0107284110.22394/1726-1139-2023-7-28-411836Digitalization and Cyber RisksV. G. Khalin0G. V. Chernova1Saint-Petersburg State UniversitySaint-Petersburg State UniversityDigitalization, considered in a broad sense as the most important modern trend of social development, is generally accompanied not only by positive consequences for the economy and society, but also by challenges, threats, as well as negative consequences of the implementation of these threats. Digitalization, considered in a narrow sense as the transformation of information of any kind into its digital form and involving the use of digital information, can also be described by challenges, threats, negative consequences and risks. Among the latter, a significant role is played by the risks of violating the security of digital information — cyber risks. Since they can have a negative impact on digitalization, considered both in a broad and narrow sense, there is a problem of allocating cyber risks and managing them in order to reduce possible losses and damage caused by the implementation of these cyber risks. The article defines the interrelationships of the concepts of digitalization, challenge, threat, negative consequence and risk; identifies the role and justifies the high importance of a cyber call as a requirement to ensure the security of digital information; determines the factors of influence on cyber risks; suggests a variant of building a cyber risk management program, the implementation of which will contribute to reducing the possible negative consequences of digitalization caused by a violation of the security of digital information.https://www.acjournal.ru/jour/article/view/2302digitalization in the broad sensedigitalization in the narrow sensechallengethreatnegative consequenceriskinformation securitycyber challengecyber threatcyber riskcyber risk management
spellingShingle V. G. Khalin
G. V. Chernova
Digitalization and Cyber Risks
Управленческое консультирование
digitalization in the broad sense
digitalization in the narrow sense
challenge
threat
negative consequence
risk
information security
cyber challenge
cyber threat
cyber risk
cyber risk management
title Digitalization and Cyber Risks
title_full Digitalization and Cyber Risks
title_fullStr Digitalization and Cyber Risks
title_full_unstemmed Digitalization and Cyber Risks
title_short Digitalization and Cyber Risks
title_sort digitalization and cyber risks
topic digitalization in the broad sense
digitalization in the narrow sense
challenge
threat
negative consequence
risk
information security
cyber challenge
cyber threat
cyber risk
cyber risk management
url https://www.acjournal.ru/jour/article/view/2302
work_keys_str_mv AT vgkhalin digitalizationandcyberrisks
AT gvchernova digitalizationandcyberrisks