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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Cyber Security and Business Growth

Cyber Security and Business Growth
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Author(s): Akanksha Sharma (Symbiosis Institute of Telecom Management, India)and Prashant Tandekar (Symbiosis Institute of Telecom Management, India)
Copyright: 2018
Pages: 14
Source title: Cyber Security and Threats: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-5634-3.ch059

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Abstract

Information and Communications Technologies (ICTs), particular the Internet, have been an increasingly important aspect of global social, political and economic life, and are the backbone of the global information society today. Their evolution and development has brought many benefits along with the threat of serious cyber-attacks that had been demonstrated over the past few years. Due to cybercrime business world drains huge money each year and incurs a large amount in resolving a single attack. It also damages organization's reputation and brand image, loss of intellectual property and sensitive data, loss of customer trust etc. Addressing major threats and challenges begins with setting up information security policy to ensure confidentiality, integrity and availability of company information and communication. Since telecom Sector is on its boom, a technological solution can solve the immediate challenges of identifying, investigating, and prosecuting computer- related crimes and changes required for long-term problem solving.

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