Cyber Risks Management in the Economic Field (Available in English) - (Disponible en Français)

Document Type : Refereed academic research and articles

Author

Communications Electrical Engineer at the National Media Authority

Abstract

This study explores the critical relationship between the cyber domain and the economy, heightened by the widespread adoption of information technology. The cyber realm's significance lies in its capacity to bolster a nation's comprehensive state capabilities and affect individuals and the nation across all levels.
The research investigates the emerging trend of cyber warfare, wherein cyber attacks employing strategic cyber weapons, including destructive programs and viruses, are used to manipulate a nation's economy in alignment with the aggressor's strategic objectives. These attacks aim to disrupt the economic infrastructure of the target state, jeopardizing its national security. Therefore, the study emphasizes the need to proactively manage cyber risks within a nation's economic sphere.
The study's central challenge is identifying and mitigating cyber risks' adverse impact on a nation's economic entities and institutions. Its significance lies in understanding how these risks affect a nation's economic landscape and proposing strategies for proactive risk management to ensure national security.
The study concludes that various technical and administrative measures are available to counter and manage cyber risks and attacks. Adherence to these measures can effectively thwart cyber attacks and proactively manage cyber risks before they materialize, safeguarding a nation's economic security.

Keywords

Main Subjects