Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Investigating the Role of Cyber Security Entrepreneurs in Sustaining National Growth and National Security

Nwosu, John Nwachukwu PhD

Abstract

The study examined the critical role of cyber security entrepreneurs in maintaining economic and national security in the face of increasing cyber threats. Data for the study include use of questionnaire to gather insight from cyber security professionals in some companies in Anambra State on the role of cyber security in business environments, as well as secondary data that were collected from reports of Sophos Global cybersecurity firm, Kaspersky laboratory, Paradigm initiative, Fortinet, International Business machine (IBM), and SonicWall Inc. Cyber security entrepreneurship is an area that is growing and awareness is improving. The findings show that cyber security entrepreneurs are playing a vital role in developing innovative solutions to protect individuals, organizations and governments from cyber-attacks. They are crucial for sustaining economic and national security in Nigeria. They equally create jobs for Nigerian citizens and have greatly reduced the costs businesses would have incurred by handling and forestalling cyber- attacks. The study equally identified challenges cyber security entrepreneurs face to include regulatory hurdles, funding constraints and inadequate skilled personnel.

Keywords

cybercrimecybersecuritydigital economyentrepreneurnational security

References

A&D Forencis (2025, February 2). Major cyber attacks on Africa’s top organizations in 2024. https://www.adforencis.com Beazley (2020, June 2). 2020 breach briefing. Beazley. https: //www.beazley.com/breach-briefing. Federal Bureau of Investigation (2021, May 10). IC3 logs 6million complaint. FBI. https://www.fbi.com Kaspersky (2021, May 11). Incident response analyst report Kaspersky. https://www.media.kaspersky.contenthub.com Kumaran, N. & Lugani, S. (2020, June 12). Protecting businesses against cyber threats during COVID-19 and beyond. https://www.cloud.google.com. Malawarebytes (2021). Malwarebytes Cyber Threat report https://www.go.malwarebytes.com/rs/805++z Montazerolghaem, A., Yaghmaee, M. H. & Leon-Garcia, A. (2020). "Green cloud multimedia networking: NFV/SDN Based Energy-Efficient Resource Allocation". IEEE Transactions on Green Communications and Networking. 4(3): 873-889. Oxford Online Dictionary (2022, May 23). https://www.oxforddictionary.com. Paradigm Initiative (2024, June 20). Major data breach: sensitive government data of Nigerian citizens available online for just 100 naira. Paradigm initiative. https://www.paradigminitiative.comShepherd, M. (2021). 30 surprising small business cyber security statistises in 2021. Retrieved from https://www.fundera.com Salako, P. (2024, June 11). I investigated a ponzi scheme: Nigerians fall victim to crypto scams. https://www.aljazeera.com Shane, S. A. (2003). A general theory of entrepreneurship: the individual opportunity nexus. Northampton, Massachusetts: E.Elgar. SonicWall (2021, April 15). Cyber Threat Report 2021 Midyear update. Techmonitor. https://www.techmonitor.com/rs/805 Sophos (2024, April, 30). "The state of ransomeware 2024. Sophos. Https://www.sophos.com . Sweeney, M. (2020, May 12). Cybint 2020 cybersecurity risk report for business. Cybintsolution. https://www.cybintsolution.com on 12 May 2022. Website Planet (2022, July 19). A Nigerian government healthcare agency’s unsecured buckets exposed thousands of applicants’ personal data. websiteplanet. https://www.websiteplanet.com Williams, L. (2022). "What is hacking? Types of hackers/Introduction to cybercrime". Guru https://www.guru.com/what-is-hacking-introduction.html on 18 May 2022.

More Articles from INTERNATIONAL JOURNAL OF COMPUTER SCIENCE AND MATHEMATICAL THEORY

Advances in Algorithmic Contract Scoring for Pre-Negotiation Yield Optimization and Risk Retention

Author: Ngozi Samuel Uzougbo, Michael Ominyi, Cyril Chimelie Anichukwueze, Blessing, Chika Jones

DevTest flow: Designing a Scalable Continuous Testing Pipeline for High-Velocity Software Delivery

Author: Lawal Ahmed Oladimeji, Achori Busayo, Akeju BusayoZainab, Saka Samson, Damilare, Mbah Demian Chidi, Runsewe Similoluwa Mayowa, Oladiti Luqman, Abiodun