Theory and practice of intellectual property
№ 5 / 2021

ISSN (Print) 2308-0361
ISSN (Online) 2519-2744

DOI: https://doi.org/10.33731/52021.244519

Published      2021-11-17

The impact of cybercrime on the digital economy

Oleksandr Burov
Ukraine
https://orcid.org/0000-0003-0733-1120

Abstract
The article considers factors of cyber hazards for the world economic system that appeared during the pandemic COVID-19, as well as transition of the economy to the «new normal», in the context of digitalization in the following aspects: digitalization and new working conditions, use of hybrid work, biological pandemic and cyberandemic and their influence on changes in the economy, factors of cyber threats to business. It is highlighted that the pandemic and the abrupt transition to the use of remote forms of work have become etraordinary events in the world over the past two years. The objective precondition for such a change in the socio-economic and military features was the reorientation of the world’s leading economies (primarily the United States and China) to the powerful digitalization of all spheres of human life and, above all, the creation of new technologies. It is noted that China invests more than other countries (including the United States) in advanced technology and training of highly qualified specialists, especially with a doctor degree that requires a high level of digital technology and appropriate literacy, and provides effective adaptation to any working conditions including hybrid.

The emergence of a hybrid working ecosystem and hybrid workforce is analysed, as well as their advantages and disadvantages are substantiated. It is noted that the digital economy has several new aspects compared to the traditional one. The emergence of hybrid work, the corresponding changes in the emergence of hybrid workforce and in the organization of production management are the most dynamic components of change. However, even faster changes are taking place in the security of business, more precisely — in the growth of its vulnerability due to the rapid development of cyber threats in the digital environment, which the economy has only begun to actively master, but has not yet created the necessary system of self-defence. Remote form of work has given rise to new forms of business — the creation and use of cyber threats. The emergence of a cyber-pandemic as a result of rapid digitization due to the COVID-19 pandemic and the transition of labour to remote form is analysed. The most important factors of cybersecurity for the successful operation of companies are highlighted.

Keywords: human capital, remote work, cybersecurity, hybrid workforce, digital economics

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