Organization’s Business Continuity in Cyberspace

Abstract

At present the reliable and efficient infrastructure of any organization plays an important role, contributes to the preservation and strengthening of its financial stability and economic development, and at the same time concentrates various risks. New risks are associated with the formation of a modern life environment called cyberspace. In the last decade, the risks of cybersecurity violation have acquired the status systemic risks due to a significant increase in possible consequences from their implementation. To conduct business in cyberspace, it is extremely important to develop solutions that eliminate a contradiction between the inability to avoid modern cyberattacks and strong requirement to quickly restore organization’s business processes. The measures implemented to date to minimize the recovery time of the activities of organizations after cybersecurity attacks may not be sufficient. The brief description of a business continuity concept application to cyberspace is given.