IDEAS home Printed from https://ideas.repec.org/a/nwe/iitfed/y2024i1p189-199.html

Assessment and management of technological risks in the digitalization process of academic institutions

Author

Listed:
  • Ivona Velkova

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

Abstract

Digitalization in academic institutions provides opportunities for greater efficiency, improved accessibility, and optimized management of educational processes. At the same time, it generates a range of technological risks that may hinder institutional operations, compromise data security, and disrupt the continuity of teaching and research activities. This study presents a systematic overview of the main technological risks in the academic environment, including data security and privacy breaches, system failures and service interruptions, as well as technology obsolescence. A methodological framework is proposed for the identification, assessment, and prioritization of these risks through the use of a likelihood - impact - readiness matrix. Examples from university practice and international standards (ENIS A, NCSC, ISO 27001, GDPR) are included to illustrate common vulnerabilities and management approaches. The analysis highlights recurring patterns such as high dependency on external providers, insufficient disaster recovery preparedness, and risks associated with outdated technologies. The results emphasize the need for systematic risk assessment and prioritization, enabling academic institutions to strengthen their resilience and support secure and effective digitalization.

Suggested Citation

  • Ivona Velkova, 2025. "Assessment and management of technological risks in the digitalization process of academic institutions," Innovative Information Technologies for Economy Digitalization (IITED), University of National and World Economy, Sofia, Bulgaria, issue 1, pages 189-199, October.
    • Handle: RePEc:nwe:iitfed:y:2024:i:1:p:189-199
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/iited/2025/IITED.2025.24.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:189-199. 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.