VULNERABILITIES IN THE CYBERSPACE AND THEIR IMPACT ON SMES Cover Image

УЯЗВИМОСТИ В КИБЕРПРОСТРАНСТВОТО И ВЪЗДЕЙСТВИЕТО ИМ ВЪРХУ МСП
VULNERABILITIES IN THE CYBERSPACE AND THEIR IMPACT ON SMES

Author(s): Betina Minkova
Subject(s): Economy, Supranational / Global Economy, ICT Information and Communications Technologies
Published by: Стопанска академия »Д. А. Ценов«
Keywords: cybersecurity; vulnerabilities; SME

Summary/Abstract: This article is intended to provide a brief theoretical overview of the cyber vulnerabilities that affect small and medium-sized enterprises (SMEs), as well as the subsequent economic impacts. The main objective is to analyze the most common vulnerabilities in cybersecurity systems, and as a result, to formulate recommendations for improving digital protection. The approach includes an analysis of secondary sources, a thematic review of the available literature, and a risk assessment using a simplified economic model. By default, SMEs that do not implement basic cybersecurity measures are vulnerable to all types of emerging threats. Small and medium-sized enterprises often do not treat cybersecurity as a priority, which differentiates them from larger organizations that have substantial budgets and specialized teams.

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