Natallia Lapatava, Head of sector, The Institute of Economics, National Academy of Sciences of Belarus.

Summary.
The article considers cybersecurity as an opportunity for further business growth and a source of competitive advantage. The strategic management of cyber risks arising in the information space is necessary against the background of the expanding landscape of digital threats. The key aspects of the effective information security programs have been identified.
Key words: digitalization, innovation, cybersecurity, cyber risks, cybersecurity strategy, investment.
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