CYBERSECURITY AND RISK MANAGEMENT: SAFEGUARDING ENTREPRENEURS IN THE DIGITAL AGE

Abstract

The focus of this study is to evaluate the way cyber security and risk management procedures can help entrepreneurs safeguard in this digital age. Objectives have been set according to the aim of this study and the questions have been prepared to conduct the entire research properly.

Literature Review: The benefits of technology in business and the way security systems need to be installed to get all the benefits effectively have been discussed. Challenges entrepreneurs face in online or technology-based business have been mentioned. The ways of implementing cyber security policies to get rid of all cyber threats have also been discussed.

Methodology: various online sources have been chosen to collect data, apart from that, secondary data has been collected to add historical information to this research.

Findings: Collected data was analysed in this part when thematic analysis was done. Themes have been made to justify all the information accurately. This has helped in answering the question raised in this research.

Discussion: This part discussed all the valuable points. The need to implement a risk assessment framework to rectify the specific risks, early detection of risk to implement a faster mitigation process, constant monitoring and regular employee training to make a strong business team can help entrepreneurs in safeguarding their businesses.

Conclusion: The process the study followed to conduct and complete the research is mentioned in this part. The detailed discussion regarding the topic in this study is able to help all in informing the way entrepreneurs can be safeguarded through cyber security and risk management.