Challenges Faced by Business Organizations in Cybersecurity

Business Research Proposal

Contents
Introduction......................................................................................................................................3
Project Objective.............................................................................................................................3
Project Scope...................................................................................................................................4
Literature Review............................................................................................................................4
Research Questions/Hypotheses......................................................................................................8
Research Design and Methodology.................................................................................................8
Research Approach......................................................................................................................9
Research Limitations.....................................................................................................................10
Time Schedule (Research plan) Gantt chart..................................................................................10
Conclusion.....................................................................................................................................11
References......................................................................................................................................11

Introduction
In the modern world, the use of internet is increasing day by day and business organizations are
not exceptions. The excessive use of ultra-modern technology has changed the approach of
business organizations towards the customers. Cyber-security includes different technologies
designed to protect the systems, data, and information from various types of cyber-attacks (The
Economic Times, 2018). Majority of organizations are implementing technological tools to
perform business operations. Thus, the main challenge in front of the management of business
organizations is to protect the systems from being infected through various types of potential
online threats. The report discussed about the determination of challenges being faced by the
business organizations through cyber-security.
Project Objective
The objective of the research is to determine various types of security measures implemented by
the organizations in order to counter the threats posed by various types of cyber-attacks. It will
provide knowledge regarding the cyber-security techniques to be implemented by the business
organizations and the ways through which, such threats are handled (IT Governance, 2018). In
addition, the objective of the research is to provide insights into the cyber-security world and the
challenges being faced by the business organizations due to cyber-threats. It will provide
significant information related to the cyber-security and the ways of implementing cyber-security
in the business organizations.

Project Scope
Cyber-security is a significant topic in the present scenario for the business organizations (Cisco,
2018). Most of the organizations implementing computer technologies for business purposes face
issues related to cyber-security. The report provides information related to the cyber-security and
cyber-threats because of which, the scope of the report is highly significant.
Literature Review
Cyber Security refers to the technologies and practices constructed to protect various networks,
programs and devices from cyber-attacks by virus, spam and various online attacks (Fielder,
Panaousis, Malacaria, Hankin, & Smeraldi, 2016). Cyber-security has become the need of
business organizations as they have to store, collect, and analyze information on computers. The
leakage of sensitive data and information could harm the business operations as well as its
reputation (Secureworks, 2017). The increasing cyber-attacks have become a serious issue as
majority of business organizations have become highly vulnerable to different types of cyber-
attacks (Graham, Olson, & Howard, 2016). It requires effective defense mechanisms to be
implemented by the organizations from the point of view of internet and computer technologies.
The rate of cybercrimes is increasing and such an alarming increase will be a great source of
problem for business organizations due to which, they are investing a lot in hiring number of IT
professionals in order to prevent their businesses from such crimes (Robert, 2018). In 2017 only,
number of business organizations had spent around $86.4 billion over cyber-security measures
and numbers of challenges still exist such as;
 Evolution of Ransomware- Ransomware viruses disrupt the operations of business
organizations and are aimed by the attackers with an intention to demand as per their