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Digitalization concept: Cyber-risks and damages for companies in adhered industries
Author(s) -
Cristian Vartolomei,
Silvia Avasilcăi
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/898/1/012044
Subject(s) - damages , computer science , automotive industry , computer security , computation , risk analysis (engineering) , engineering , business , algorithm , aerospace engineering , political science , law
Starting with the modern binary number system in 1679, followed by the universal computation as a result of the Boolean algebra in 1847, then continued in 1948 with “Mathematical Theory of Communication”, capacitors and microchips between 1950s and 1970s, Apple I desktop computer in 1976 and until 2020 when we have devices as smartphones, computers, laptops, smart houses, cities and cars, all these inventions are small but realistic steps that built the current concept adopted by the humankind, called digitalization. Considering this impactful concept during our research, we propose to perform a literature review regarding its implementation in industries as medical, banking, automotive, along with generic examples from undefined ones, followed by the risks and disasters as a result of cyber-attacks, which can be seen as disadvantages of implementing this concept. In the end, we propose to discover the effects on the virtual business environment by exemplifying the cyber-attacks and analyzing them.

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