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Cyber security and awareness, investing in a culture of safety

Author

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  • Manoliu Alexandru

    (National School of Political and Administrative Studies, Bucharest, Romania)

Abstract

Cyber security is an investment megatrend: global spending on cyber security increases by 10% every year, three times faster than the global economy. These forecasts can be seen on the upside after the arrival of Covid-19 and the IT tracking systems to monitor the infections that pose privacy and security problems for users. Cyber security is growing more and more and so are venture capital investments in what is the megatrend of the year. The pandemic has contributed to speeding up the digitization process: the consequence is an increasingly uniform distribution of cybercrime throughout the European territory and this reminds us that the lack of a security culture is the vulnerability most exploited by attackers. The Covid-19 pandemic is the cause, albeit indirectly, of this phenomenon. Covid-19 has, in fact, accelerated the digital transformation process and the consequence has been an increase in the criminal phenomenon.

Suggested Citation

  • Manoliu Alexandru, 2022. "Cyber security and awareness, investing in a culture of safety," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 1439-1446, August.
    • Handle: RePEc:vrs:poicbe:v:16:y:2022:i:1:p:1439-1446:n:30
    DOI: 10.2478/picbe-2022-0131
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