Challenges and Strategies for Overcoming Cybersecurity Threats in Business

Ruining head: BUSINESS RESEARCH
BUSINESS RESEARCH

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BUSINESS RESEARCH
Table of Contents
Introduction................................................................................................................................3
Project objective.....................................................................................................................3
Project scope...........................................................................................................................3
Literature Review.......................................................................................................................4
To analyze the meaning and concept of cybersecurity...........................................................4
To analyze the challenges faced by the organization by cybersecurity..................................5
DDoS..................................................................................................................................6
IoT.......................................................................................................................................6
Smartphone Malware..........................................................................................................7
Hacktivists..........................................................................................................................7
Ransomware........................................................................................................................8
To Recommend strategies for overcoming the challenges of cybersecurity..........................8
Literature gap........................................................................................................................10
Conclusion................................................................................................................................11
References................................................................................................................................12

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BUSINESS RESEARCH
Introduction
The popularity of Internet-based services has been increased over last decades; individuals
use online product and services to complete their many tasks related to the finance,
entertainment, and shopping. The application of social media is increased due to the higher
demand of internet users. The social media supports to share their information with family
and friends (Yang and Wen, 2017). The internet services are utilized by the private, private
sector and individuals that make them defenseless about cybersecurity risks. The Internet-
based service creates possibilities of cybercrimes. Companies are defenseless to deal with
online issues like hacking, ransomware, and malware (Tisdale, 2015). The organizations have
to discover data security software and hardware to decline possibilities of cyber threats. The
report discusses the challenges of cybersecurity faced by business as it would make
defenseless to the organization for dealing with cyber risk. Moreover, this report also
discusses strategies that will improve cybersecurity threats.
Project objective
The main of this research is to address the strategies for mitigating the challenges of
cybersecurity from the organization. The following objectives are accomplished to complete
specified aim of research:
 To analysis the meaning and concept of cybersecurity
 To analyze the challenges of cybersecurity faced by the organization
 To recommend strategies for overcoming the challenges of cybersecurity
Project scope
This report will support to examine the impact of cybersecurity challenges on the
organizational performance. It aids in the organization to understand the situation that is
occurred in lack of cybersecurity. This report will support to evaluate many cybersecurity
risks faced by the organization in the recent business scenario. It will also support the

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researcher to gain the understanding about many strategies that will overcome the challenges
of cybersecurity threat.
Literature Review
Introduction
The literature review section supports to gain a conceptual understanding of current research
concern. For this, many methods will be considered by the researcher to collect data towards
the current research concern (Campos, et al., 2016). In the current scenario, internet services
are used by many organizations to obtain their specified objectives and aim. The application
of internet services becomes popular among entrepreneurs, small organizations, and
individuals. It is analyzed that enhancement in the online services could create the chance of
cybersecurity threat in the organization as it would negatively influence the performance of
business (Stimmel, 2016). This literature review aid the researcher to gain their conceptual
understanding about the cybersecurity challenges and strategies that will overcome
possibilities of cybersecurity threat from the organization.
To analyze the meaning and concept of cybersecurity
In the view of Gomes et al. (2017) individuals use online methods to make a connection with
families and friends as it offers business opportunity to the small firms and entrepreneurs for
expanding their business. Both company and individual share their confidential or personal
information on the internet that creates higher possibilities of cybersecurity threat. A large
number of cybercrimes are performed by individuals who have use internet and personal
computer due to the lack of cybersecurity as it would also stuck individuals in the
cybercrime.
Johnson (2015) argued that people conduct cybercrimes by collecting personal information of
individuals and companies to obtain an unfair benefit. It would decline the financial
performance of the organization. There are many reasons that could create the possibilities of