ECONOMIC OF CYBER-SECURITY AND SOCIETY DATABASES: PROTECTING THE DIGITAL ECOSYSTEM FROM CYBER-ATTACKS

Abstract

Objective: The objective of this study is to explore the role of investment in cybersecurity and the enhancement of the digital ecosystem. Theoretical Framework: In this topic, the main concepts and theories that under in the research are presented. Therefore, the article sheds light on the importance of taking effective measures to preserve cybersecurity and promote the digital environment. The analysis focuses on three key pillars: the digital ecosystem, the economic impact of cyberattacks, and the role of investment in strengthening cybersecurity. Method: The method of this study is data descriptive from Statista 2023 datatbases. We have relied on this method because it is suitable for analyzing available data and statistics regarding cyberthreats and their impact on the economy and society. This method has enabled us to analyze results of reports and studies regarding cybersecurity and reach the most significant challenges facing institutions in enhancing safety and digital growth. Results and Discussion: The results obtained reveal several key findings. Most significantly, the study finds that investment in cybersecurity significantly enhances the ability to counter growing digital threats, such as electronic piracy and malware attacks. Research Implications: The practical and theoretical implications of this research are discussed, providing insights into how the results can be applied or influence practices in the field of the cybersecurity. These implications could encompass Firms, Organizations and individuals in our digital age (AI). Orginality/Value: The originality value of this research study suggested that the investment in cypersecurity can significantly contribute to building a sustainable economy, promoting safe practices in the digital environment, and creating new job opportunities.