Challenges for the Economic Security of the State in the Context of the Formation of the Digital Economy

Abstract

The rapid pace of technological progress has created new opportunities for every person, enterprise and state in achieving their goals and interests. The digital economy is now considered as a component of the traditional one, and its share indicates the level of use of the latest digital technologies, which becomes the dominant factor for improving the competitive position of a certain country in the global economic space. The development of high-tech industrial production with the simultaneous digitalization of all areas of the socio-economic environment creates conditions for the further technological dominance of a limited circle of leading countries. At the same time, the changes caused by digitalization require a revision of the basic principles for ensuring the economic security of the state. Timely tracking of changes manifested in challenges is important to counter new threats. A detailed study of the world experience, in particular, of economically developed countries, in the formation of the digital economy made it possible to identify a number of challenges for which it is advisable to develop adequate response measures in order to avoid possible threats to the economic security of the state.