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Baishya, K.

With expansion of information technology, cyber crimes and its costs also take a toll. In 2016 average cost of cyber crime touch 400 billion USD. An analytical discussion is proposed in this study about cost of cyber crime from the point of external consequences and form organisational point of view together with opportunities presented by cyber crime to the economies to enter into cyber security market. As compared to developed nations potent developing economies are targeted more by criminals because of weak cyber security arrangements and lack of user awareness. On the other hand, these economies also have potential to enter into cyber security market supported by low completion. Exploration of market opportunities by developing economies subject to the conditions of improving infrastructure, flow of fund to cyber security industry and identification & polishing of talents.

KEY WORDS: Analytical discussion, External consequences, Cyber security arrangements, Exploration of market.

Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

Published on :

Vol : 5
Issue : 9
Month : September
Year : 2017
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