IDEAS home Printed from https://ideas.repec.org/a/nwe/iitfed/y2024i1p137-144.html

Technological Risks Of Digitalization In Non-Academic Environment

Author

Listed:
  • Mariana Kovacheva

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Digitalization has become a defining characteristic of organizational transformation, extending beyond academic institutions into business, government, and public service sectors. While it enhances efficiency, innovation, and connectivity, it simultaneously introduces new categories of technological risks that threaten operational stability, data integrity, and ethical governance. This paper examines the technological risks of digitalization in non-academic environments through a structured classification of eight categories: cybersecurity threats, data privacy risks, system failures and downtime, loss of digital skills control, ethical and algorithmic risks, dependency on vendors and platforms, job displacement, and legal and regulatory challenges. Drawing upon the ISO 31000:2018 risk management framework, the study provides a systematic analysis of how these risks can be identified, analyzed, and mitigated. The findings underscore that managing technological risks requires not only technical solutions but also social, ethical, and organizational adaptation. By offering a comprehensive conceptual framework, the paper contributes to improving risk awareness, resilience, and responsible digital governance in no n-academic institutions.

Suggested Citation

  • Mariana Kovacheva, 2025. "Technological Risks Of Digitalization In Non-Academic Environment," Innovative Information Technologies for Economy Digitalization (IITED), University of National and World Economy, Sofia, Bulgaria, issue 1, pages 137-144, October.
    • Handle: RePEc:nwe:iitfed:y:2024:i:1:p:137-144
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/iited/2025/IITED.2025.17.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:iitfed:y:2024:i:1:p:137-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.