Imperatives of Risk Analysis and Asset Management on Cyber Security in a Technology-Driven Economy

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Author(s): Godwin Emmanuel Oyedokun (Lead City University, Ibadan, Nigeria)and Omolara Campbell (Lead City University, Ibadan, Nigeria)
Copyright: 2023
Pages: 22
Source title: Effective Cybersecurity Operations for Enterprise-Wide Systems
Source Author(s)/Editor(s): Festus Fatai Adedoyin (Bournemouth University, UK)and Bryan Christiansen (CYGERA, LLC, USA)
DOI: 10.4018/978-1-6684-9018-1.ch007

Keywords: Business & Management / Cyber and Network Security / Information Science Reference / Operations & Service Management

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Abstract

As the relevance of the digital economy increases, the need for secured cyberspace increases. Cyber threats are inescapable in digital progress. In the growth of cyber dominance, cybersecurity is necessary and very essential. Risk analysis is the process of assessing the likelihood of an adverse event occurring within the corporate, government, or environmental sectors. This chapter, therefore, explores the imperatives of risk analysis and asset management on cyber security in a technology-driven economy from the existing body of knowledge in the field. The chapter is divided into five sections, where the first section has to do with the introduction. The remaining four sections deal with the concepts of risk and risk analysis, asset management, factors determining attainment of continuous improvement of an asset performance management (APM) solution, cyber-crime and cyber-security, and conclusion and recommendations.

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Imperatives of Risk Analysis and Asset Management on Cyber Security in a Technology-Driven Economy

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