Risk and legal aspects of company's cyber security

Abstract

The development of the entire IT sector is very dynamic and its consequences penetrate into all spheres of life of society. With the increase in the use of information technology, the risk of its abuse is rising. Targeted attacks against information technologies are a global phenomenon and their impact is causing massive economic damage in both the public and private sectors. The fight against cybercrime is never ending; that is why the issue of preventive measures reducing the risk of cyber-attacks is so significant and permanently present. Risk management, or rather building secure information systems, is an iterative, never-ending process that lasts as long as there are assets that need to be protected. It follows from the above that a company secured against cyber-attacks has a higher market value, even though its book value may be the same as the value of a less stable firm. The paper deals with the mutual influence of risk management and the sustainability of the company's operations, including the projection of risk management indicators into the value of an enterprise.