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Cybersecurity in Global Business

Abby Watson

Created on February 26, 2025

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Cybersecurity in Global Business

Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. They play a major role in keeping sensitive data safe and ensuring regulations. As business has expanded globally, there has been an increase of risks, data privacy, and many ways to avoid attacks.

Risks of Using Technology

The risks of using technology are much higher when doing busines globally. The risks can lead to financial losses, reputational damage, and legal consequences. Some of these include: data breaches, third-party risks, cyber threats, and having sufficient security standards. Over 38% of global businesses have reported a cyber attack in 2025, so far. With AI becoming so involved, businesses have to watch out for even more risks.

Data Privacy

Data privacy is the protection of personal and sensitive information from unauthorized access or disclosure, Individuals have control over how their data is stored, collected and shared. The key principles of data privacy are:
  • Consent
  • Transparency
  • Accuracy
  • Security
  • Accountability

Ways to Avoid Cyberattacks

With the increasing amount of technology, many solutions have been provided on how to avoid these attacks. There are many laws when doing cybesrsecurity in global business. These include: GDPR, CCPA, and China's Cybersecurity law. Some examples of avoiding cyberattacks are, phishing prevention, supply chain security, and ransomware defense.

Sources https://www.cisco.com/site/us/en/learn/topics/security/what-is-cybersecurity.html https://hbr.org/2021/12/navigating-cybersecurity-risks-in-international-trade https://www.statista.com/statistics/422171/leading-business-risks-globally/