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Impact of Cybersecurity on the Cash Flows of Economic Units

  • Omar Ali Hussein Kazim,
  • Bushra Najem Aubdullah Al-Mashhadani

摘要

Businesses today to be the age of globalization and technology are faced the risks of cybersecurity that can threatening the stability of their financial and accounting systems that in the end, impacting on the the integrity of the financial information, It creates a disruption in their cash flows own to the diminishing of credit and cash inflows in the economic system. The purpose of the study is to introduce definition of cybersecurity and present the main perils tagged with this term and the influence on the cash-flows of any economic entity that is increased on the cybersecurity cost, pays fines or compensation, suffers theft of IP, and gets the reputation of the economic unit to be down. The authors, however, drew some notable entails and the most prominent include that there is relationship to and impact of cybersecurity with cash flows to the economic units by way of spending to, and investments in, cyber security measures. The most important resolution is that entities need to deeply improve the direction of their investments in cybersecurity systems addressed by this hazard and to make them more safe.