Business Development and Cyber Technologies
The process of business development involves identifying new opportunities, building and maintaining relationships with customers, forming strategic partnerships, and coming up with strategies to increase profits. It impacts every department of a business, from human resources to marketing. This field is difficult because it requires constant surveillance to prevent cyberattacks that can damage systems or even destroy them. compromise the data of businesses and organisations.
The past decade has seen a steady increase in the sophistication of cyberattacks with hackers targeting ever more digital assets. The scope of attacks grew as criminals sought to make money and monetize. This is why cybersecurity has risen to the top of the list of priorities for numerous companies. Implementing effective security measures is crucial for the success of your business due to the possibility of losing customers, lawsuits and regulatory fines.
The cost of adopting cybersecurity technology can be prohibitive for SMEs that are operating under tight financial restrictions. This study seeks to identify the internal and external factors that influence SMEs in their adoption of cybersecurity technologies. To find relevant papers and research, a systematic review of the literature was conducted using Google Scholar, databases such as EBSCO, ProQuest and EBSCO, and databases like EBSCO. Key words such as cybersecurity, data breaches, threat modeling risk assessment, TOE framework and organizational performance were used to identify studies.
This study data room services for business market penetration tactics suggests that the characteristics of technology and perceived value are the primary drivers of the adoption of cybersecurity technology within SMEs. Further, IT modularity, observability, and trialability are all positively correlated with the adoption of cybersecurity technologies in SMEs.