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International Journal of Basic Science and Technology

A publication of the Faculty of Science, Federal University Otuoke, Bayelsa State

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Archive | ISSUE: , Volume: Jan-Mar-2022

Cybersecurity A Tool to Safeguard Digital Economy in a Developing Nation


Author:Etuk, E. A., Etim,E.O. and Ugwoke, F.N.

published date:2022-Mar-11

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Abstract

This piece of work was motivated by the exploding increase in the growth of digital technology in developing countries coupled with the inherent benefits of doing business on the internet and the need for the government to key in through the provision and implementation of necessary cybersecurity policy and strategy to curb the attendance risk therein. As a result, the purpose of this article is to raise knowledge, create trust, and confidence in the digital economy that modern technology advancements have fashioned into cyberspace. Several mitigation strategies were discussed ,with the goal of slowing the gains of the digital economy that have been caused by the acceleration of innovations and enterprise in digital space, as well as the amplification of vulnerability opportunities that malicious parties are waiting to take advantage of. Integrating national cybersecurity policy and strategy with the internet economy in developing nations will promote and enhance good governance, competitive cooperate organizations, ease of doing business, chatting a better path for a progressive nation, and most importantly trust among stakeholders in a secured digital economy.

Keywords: Cybersecurity, Safeguard, Digital Economy, Developing Nation ,

References

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