Privacy and Cybersecurity Insights

Abstract

This research paper concerns the interactions between privacy and cybersecurity as business risks, exploring how the same challenges apply to both of them and how security is a global threat in a digitalized world. In their quest to gain competitive advantage, capitalizing on digital information and owning personal data, businesses of all types get challenged in managing risks, being exposed to data privacy and cybersecurity. As information and processes get digitized, more risks occur and an organization evolution is influenced by the way it manages risks of all kind: reputational, ethics, conformity, regulation, market, strategic, credit. The paper raises awareness and encourages dialogue on data governance and presents important direction lines over cyber security as a fundamental part of online privacy protection.

Keywords

• cyber security
• data privacy
• data breach
• risk management