Risk management for universities in the age of cybercrime

Abstract

Abstract. In a time where there is an increase in online traffic, and needing to have an online presence, education in the risks associated in going on the internet is more important than ever. This study aims to help educate potential companies and individuals to design and implement an effective risk management plan in order to minimize risks when dealing with the uncertainties of the internet. The research problem that this thesis hopes to solve, is how many industries, especially how universities can prepare themselves for potential cyberattacks, as they may have outdated security that does not offer enough protection. Now, most universities are unprepared, and this can potentially be a massive problem when it comes to possible data breaches. Security for universities is the focus of this study, to try and spread awareness and encourage universities to implement a successful plan by looking at both good and bad examples. This study utilizes a variety of research methods, surveys were conducted to gain a widespread insight into how secure people were online, as well as more in-depth interviews were held. The target groups were preferably students, and people around the ages of 18–30. The outcome of this study shows that not all universities are equally prepared when it comes to potential attacks, but with implementing security requirements, this would help provide guidelines and ensure that every industry is protected. When it comes to the university sector, students gave answers that proved they were aware of how to stay safe online, and not fall for scams

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