The adoption of advanced technology comes with the risk of cyberattacks.

Despite the remarkable prospects of the digital economy, the cost of cyberattacks has reached millions of dollars and is projected to increase. Investment is needed in cybersecurity to help secure the growth of the digital and sustainable economy and guard against more advanced attacks.

This policy brief proposes policy recommendations to ensure successful investments in cybersecurity.

Contents

• Growing Investment in Cybersecurity due to Increasing Digitisation and Cyberattacks
• How Can Developing Countries Ensure the Sustainability and Effectiveness of Cybersecurity Investment?
• Policy Recommendations

Published May 2023.
Source: Economic Research Institute for ASEAN and East Asia

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