Forming an effective risk management system in cyberspace

Abstract

The research focuses on cyberspace risk management and recommendations in line with the current agenda. The development of technologies for countering cybercrime contributes to the emergence of more sophisticated methods of destruction. The article provides an updated classification of cybercrimes based on the objects and methods of crime. As an object of research, the increasing cases of crimes committed in the European Union’s cyberspace have been chosen. The subject of the research is cyberspace risk management. The purpose of the study is to describe the phenomenon of cybercrime, study its characteristics, and develop recommendations to form a system for managing risks arising in cyberspace. When analyzing the object of research, the critical signs and features of cybercrime were identified. The consequences of cybercrimes using interviewing and observation methods are described. The systematization of historical facts of cybercrimes is carried out, and the experience of combating cybercriminals is summarized. A literary review of scientific and media publications on cybercrime was carried out. The main characteristics of security systems for electronic devices are presented, and establishing an effective risk management system in cyberspace is proposed. Because victims of cybercrime try not to disclose the details of the crimes, the sample of respondents is limited and only qualitative research methods have been used.