The key hypothesis of the research is the assumption that security in cyberspace can accelerate a process of the economy's digital transformation in any country in the world. Our goal in this article to clarify the essence of cyberspace's concept, which is considered as a global information environment, formed by a set of interdependent elements of the information technology infrastructure, namely information and telecommunications networks and computer systems for storage, processing, modification, and exchange data, as well as the importance of cybersecurity in the process of the digital transformation of the economy. The degree of readiness of countries with different levels of socio-economic development to protecting data in cyberspace according to the Global Cybersecurity Index (GCI) and the National Cybersecurity Index (NCSI) is analyzed. Using the ICT Development Index (ІDІ) and the Network Readiness Index (NRI), the level of digital development of highly developed countries and countries with transformational economies is analyzed. The strengths and weaknesses of both the cybersecurity system and the level of digital development of Ukraine have been identified. The focus is on determining the impact of cybersecurity on increasing opportunities for the use of modern digital technologies in economic processes, which may ultimately accelerate the economy's digital transformation. It is concluded, increasing the level of cybersecurity is a necessary but not always sufficient factor in accelerating the economy's digital transformation. According to the results of the study, it is proposed: firstly, to research the formation of effective means of cyberdefense in legal, organizational, and technical aspects; secondly, to launch information and training campaigns to raising awareness and acquire relevant skills, in particular, to build a human resources reserve in the field of cybersecurity; thirdly, to strengthen the state's efforts to develop and implement effective cybersecurity systems at the level of the state, business organizations and citizens.
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