Entrepreneurship and Sustainability Issues (Jun 2024)
Data security risks and their prevention: Latvian enterprises in the context of selected countries
Abstract
An increasing number of organizations in Latvia are directing their efforts toward digitizing information and data storage. With the onset of the COVID–19 pandemic, there was an essential surge in the number of employees working remotely, eliminating the constraints of their physical workplace. Consequently, the challenges concerning data security within organizations have amplified. The main aim of this study is to explore and recognize the risks related to logistics data protection and subsequently formulate recommendations for mitigating or preventing logistics data security risks in Latvian enterprises. This research is centred on examining the prevailing data security trends in Latvia. An academic literature review was undertaken to gain insights into the core attributes and legislative measures governing data security in Latvia. Statistical and content analyses were employed to uncover deficiencies and risks in data security. The main results show that the data security and risk management measures in Latvian enterprises do not depend on the industry represented by the enterprise, thus applying the commonly used data security protection measures and risk management approaches. The research concluded that, in Latvia, the primary data security risks arise from internal and external threats.