SECURITY IMPLICATIONS OF DIGITAL BUSINESS

Abstract

Digital transformation of business and cyber security have
recently caused great interest, not only in business and political circles,
but also among scientists and researchers. In recent years digital
technology has dramatically changed, redesigned and accelerated the
way of doing business, education, entertainment, public sector, and other
segments of society. Configuration and scope of changes, along with
inevitable disruption, take place at three levels: individual, organizational
and social level. With its direct impact on the consciousness, ideas,
behavior and change of paradigm, focus and the manner of business,
digital transformation has undoubtedly led to the creation and expansion
of digital economy, as a brand new and unknown model of business. With
the development of new business models and modes of business,
disruptive technologies have become a great challenge and a kind of
threat to the digital business model itself in the complex global
environment. This is due to the unlimited possibilities of abuse of
technologies and their weaknesses. More precisely, there is an obvious
imbalance between the very rapid development of technological
innovations and their implementation, on the one hand, and
accompanying protection and security challenges, on the other.