Navigating the Cybersecurity Landscape: Enduring Lessons and Open Challenges in Business Management

Frame of the research. This study is positioned at the intersection of cybersecurity and business management, highlighting the critical significance of cybersecurity in the contemporary digital landscape. As businesses increasingly operate within digital environments, the integration of cybersecurity into holistic management practices becomes paramount. This research endeavors to contextualize the discussion of cybersecurity within the corpus of business management literature, spotlighting the gap between technological issues and managerial strategies. Purpose of the paper. The purpose of this paper is to synthesize and critically analyze the existing body of literature on cybersecurity within the realm of business management. By reviewing key contributions, the paper seeks to distill enduring lessons and pinpoint persistent challenges. Furthermore, it aims to elucidate the strategic dimensions of cybersecurity, advocating for a balanced approach that not only focuses on technological defenses but also emphasizes the human aspects, including behavior, training, and awareness. Methodology. This study employs a narrative literature review methodology, drawing on a wide array of sources to ensure a comprehensive analysis of the cybersecurity landscape as it pertains to business management. By mapping out the debate and examining seminal works, the research adopts a multifaceted approach that combines qualitative analysis with thematic synthesis. This methodological framework allows for the identification of trends, patterns, and gaps in the literature, facilitating a holistic understanding of the subject matter. Results. The findings of this study underscore the imperative of adopting a strategic approach to cybersecurity within business management. It highlights the dynamic nature of cyber threats and the necessity for businesses to engage in continuous adaptation and proactive risk management. The study also delves into the critical areas of legal and regulatory frameworks, ethical considerations, and the evolving landscape of digital threats, showcasing the complexity and multifaceted nature of cybersecurity challenges. Research limitations. One of the primary limitations of this study is its reliance on published academic literature, which may not fully capture the rapidly evolving landscape of cybersecurity threats and innovations. Additionally, the study acknowledges the potential for publication bias and the underrepresentation of certain geographies or sectors within the existing body of literature. Managerial implications. This paper offers significant insights for practitioners and policymakers alike, emphasizing the necessity for integrated cybersecurity strategies that transcend mere technological fixes. It advocates for enhanced training and awareness programs, the development of a security-centric organizational culture, and the adoption of a proactive stance towards cybersecurity management. The study further highlights the importance of navigating legal and ethical considerations, urging businesses to stay abreast of regulatory changes and to foster ethical conduct in the digital arena. Originality of the paper. This research contributes to the academic discourse by offering a multi disciplinary analysis of cybersecurity within business management. By mapping the cybersecurity debate within the broader framework of business management literature, the study sets the stage for future research in this prominent area.