The perceptions of digitalization and cyber security

This paper explores the nexus between digital transformation and cybersecurity, examining professional perceptions of these intertwined concepts As Industry 4.0 reshapes organizations and society, digital technologies and connectivity become pivotal. Businesses adopting e-business and cloud computing encounter challenges like information security and disruptive innovations, propelling digital transformation. However, this shift introduces new risks, particularly in cybersecurity, altering risk distribution and security requirements. The widespread integration of interconnected devices across business functions makes them vulnerable to cyber-attacks, necessitating robust cybersecurity measures. This study scrutinizes factors preventing unintentional and intentional security incidents and maps cyber risk perceptions. Through a survey of 124 professionals in collaboration with BUSIBER, we elucidate risk perception and implemented controls, essential for organizations to navigate the digital landscape securely and safeguard their market reputation. Understanding the impacts of digitalization and cybersecurity on diverse business functions is crucial for devising effective strategies to mitigate risks and ensure sustainable development.