The Role of Risk Management in Enhancing Cybersecurity for Small and Medium Enterprises (SMEs) in Saudi Arabia “Applied Study”

This study aimed to evaluate and improve cyber risk management in small and medium enterprises in the Kingdom of Saudi Arabia. The study relied on the descriptive, analytical and inductive approach, using data collection tools such as questionnaires, interviews and case studies. The most prominent results were weak level of use of information technology among 50% of employees. Shipping and delivery procedures policy is the most used at 33%. Antivirus software is the most used security technology at 40%. Fake audio and video attacks represent the biggest obstacle to cyber risk management at 30%. 50% of employees are aware of cyber risks. There is a strong correlation (89%) between employee awareness and cyber risk management. Key recommendations include raising awareness, developing comprehensive policies, conducting periodic risk assessments, investing in modern technologies, building a strong security culture, and providing qualified human resources.

Authors

Publication Details

Journal
International Journal of Financial Administrative and Economic Sciences
Published
2024-10-28
DOI
https://doi.org/10.59992/ijfaes.2024.v3n10p7
Citations
1
Primary Topic
Organizational and Employee Performance
Type
article
Field-Weighted Citation Impact
0.35
Controls
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article

The Role of Risk Management in Enhancing Cybersecurity for Small and Medium Enterprises (SMEs) in Saudi Arabia “Applied Study”

Asma Abuanzeh, Majed Alorabi
1 citations
International Journal of Financial Administrative and Economic Sciences
Organizational and Employee Performance
0.35
article

The Role of Risk Management in Enhancing Cybersecurity for Small and Medium Enterprises (SMEs) in Saudi Arabia “Applied Study”

Asma Abuanzeh, Majed Alorabi
article en
1 citations

Abstract

This study aimed to evaluate and improve cyber risk management in small and medium enterprises in the Kingdom of Saudi Arabia. The study relied on the descriptive, analytical and inductive approach, using data collection tools such as questionnaires, interviews and case studies. The most prominent results were weak level of use of information technology among 50% of employees. Shipping and delivery procedures policy is the most used at 33%. Antivirus software is the most used security technology at 40%. Fake audio and video attacks represent the biggest obstacle to cyber risk management at 30%. 50% of employees are aware of cyber risks. There is a strong correlation (89%) between employee awareness and cyber risk management. Key recommendations include raising awareness, developing comprehensive policies, conducting periodic risk assessments, investing in modern technologies, building a strong security culture, and providing qualified human resources.

International Journal of Financial Administrative and Economic SciencesVol. 3(10)
Partnerships for the goals
Openalex Percentile: Top 32%
Organizational and Employee Performance
0.35
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The Role of Risk Management in Enhancing Cybersecurity for Small and Medium Enterprises (SMEs) in Saudi Arabia “Applied Study” — Asma Abuanzeh, Majed Alorabi · International Journal of Financial Administrative and Economic Sciences (2024) | TGRS Research Map | TGRS