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Current Security Threats in The National and International Context

Author

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  • Cristea Lavinia Mihaela

    (Bucharest University of Economic Studies, Romania)

Abstract

Research Question: What are the main security threats emphasized by national and international surveys? Motivation: The rapid growth of IT brings worldwide security issues (Takahashi et al., 2010; Benjamin et al., 2015). IT usage brings new challenges (e.g. higher risks of data exposure, sensitive corporate data, phishing, electronic fraud, impersonations, information security issues) (Morrow, 2012; Thielens, 2013; Rînda?u, 2016), cybercrime being a “sophisticated transnational threat operating on an industrial scale” (Hunton, 2012: 203). Idea: This paper intends to underline the great exposure of financial and non-financial information in the new cybersecurity context, indicated by IT impact on security threats and cyberattacks. Data: The author traced the analysis of the most frequent cyber threats, over a period of six years (2013-2018), based on 20 security reports. Tools: The author adopts the qualitative method, applying critical observations on emerging technologies impact. A hand-collecting method is required, for the analysis and comparison of cybersecurity threats reports. Findings: This investigation highlights Targeted attacks/ APTs, malware and ransomware on top security threats that continue to disrupt worldwide and Romanian landscape, along with a major rate of employee errors. The paper enhances on the consequences, main security threats and concludes on security cybercrime prevention (i.e. adequate business model implementation, Cloud security solutions, 24/7 monitoring for continuous protection, continuous IT security training, implemented modules against a variety of security incidents, regular updates). Contribution: By bringing to the fore actual security issues, the author concludes on main security threats and completes previous specialized works on security against cybercrime.

Suggested Citation

  • Cristea Lavinia Mihaela, 2020. "Current Security Threats in The National and International Context," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 19(2), pages 351-378, June.
  • Handle: RePEc:ami:journl:v:19:y:2020:i:2:p:351-378
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    More about this item

    Keywords

    cybersecurity attacks; cybercrime prevention; top cyberattacks; current security threats;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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