Digitalization Security as a Marker of Modern Mechanical Engineering Technology Implementation in the Context of Ensuring Strategic Economic Security of Enterprises

2021 ◽  
Vol 18 ◽  
pp. 117-125
Author(s):  
Ievgeniia Mishchuk ◽  
Svitlana Rebrova ◽  
Petro Krush ◽  
Dmytro Zinchenko ◽  
Kateryna Astafieva
Keyword(s):  
Information Security ◽  
Technology Implementation ◽  
Economic Security ◽  
Machine Building ◽  
Security Level ◽  
Security Assessment ◽  
Engineering Technology ◽  
Economic Information ◽  
High Level ◽  
The Impact

The article demonstrates the impact of digitalization security on implementation of modernengineering technologies, substantiates their connections with provision of the strategic economic security of anenterprise, presents enhanced methods of assessing the current economic-information security of an enterprise’sinterests. The developed methods of digitalization security assessment have been tested at machine buildingenterprises of Ukraine. The security level has proved to be medium or low at most enterprises under study. Thework substantiates that absence of the systematic personnel policy aimed at personnel’s acquiring competences4.0, deficit of financing technologies 4.0 implementation, a low level of IT capital make it impossible to ensurea high level of strategic economic security at Ukraine’s machine building enterprises.

scholarly journals Evaluating the threat to national information security

2020 ◽  
Vol 18 (3) ◽  
pp. 195-210 ◽  
Author(s):  
Hanna Yarovenko
Keyword(s):  
Developing Countries ◽  
Information Security ◽  
Developed Countries ◽  
Economic Security ◽  
Security Level ◽  
Security Threat ◽  
Development Indicators ◽  
Threat Index ◽  
High Level ◽  
National Information

An effective strategy for managing the national information security with capabilities to resist information threats significantly impacts its further development. This study aims to assess the level of threat to the information security of countries based on the integral index. It is proposed to use five indicators characterizing individual areas of information security and 37 world development indicators, selected from the World Bank database. Correlation analysis selected 12 out of 37 development indicators relevant to security indicators for which the correlation coefficient exceeded 0.5 or –0.5. The Harrington-Mencher function is proposed to determine the information security threat index. Nonlinear normalization was carried out to bring the initial data to a comparable measurement. Canonical analysis was performed to determine the indicator weights. The data from 159 countries were taken for 2018 to assess the index. The result was presented on the map showing countries’ distribution by the information security threat index, thus forming five groups. The group with a “very well” resistance to threats includes economically developed countries with a high level of information security. The “well” group was formed by new industrial and developing countries with economic potential sufficient to prevent information threats and combat their consequences. The information security level in developing countries, where the results of overcoming information threats will affect the economic sphere, is defined as “acceptable”. Countries with a low level of development and information security formed groups designated as “bad” and “very bad”, which indicates a high level of threats to their information security. AcknowledgmentThis work is carried out with in the tax payer – funded researches: No. 0118U003574 “Cybersecurity in the banking fraud enforcement: protection of financial service consumers and the financial and economic security growth in Ukraine”.

DEVELOPMENT OF METHODOLOGICAL BASES FOR INFORMATION SECURITY ASSESSMENT AND DIAGNOSTICS OF AGRO-FOOD ENTERPRISES

2019 ◽  
Vol 4 (3) ◽  
pp. 188-197
Author(s):  
Dmytro DIACHKOV
Keyword(s):  
Information Security ◽  
Practical Importance ◽  
Economic Indicators ◽  
Qualitative Assessment ◽  
Estimation Methods ◽  
Security Level ◽  
Security Assessment ◽  
Enterprise Information ◽  
Agricultural Enterprises ◽  
The Impact

Introduction. The purpose of the article was to develop methodological foundations for assessing and diagnosing the information security of agricultural enterprises. Methods of research. The tasks of the article were solved by means of general and special methods of research: analysis and synthesis, systematization and generalization, method of grouping, dialectical approach. Results. The ways and methods of the information security assessment of the enterprise were defined and characterized. Among them are: standard-based assessment, risk-oriented assessment and economic indicators. Much of the methodology for assessing the level of an enterprise information security, agrarian enterprise in particular, were based on the identification of information risks based on US and British methods CRAMM, FRAP, OCTAVE, NIST, MSAT, COBRA and Russian GRIF 2006 methodology. Originality. It was proved that for methodological bases development of estimation and diagnostics of enterprise information security level it is expedient to use advantages of estimation methods by standard, at risk of information system and using group and private indicators of economic component of information security estimation. Practical importance. The concept of the methodology development for economic assessment and information security diagnostics of agri-food enterprises was proposed, which takes into account the advantages of the considered diagnostics and assessment methods of the information security level of agricultural enterprises, offers a quantitative and qualitative assessment of its components, determines the impact of integrated indexes on the performance indicators and safety of subjects agricultural business, and, as a result, offer effective ways to optimize the management of information security companies in agri-food sector. The main scientific provisions of the article can be used in the practice of agricultural enterprises. Keywords: concept, economic indicators of assessment, enterprise of agro-food sphere, management of information security, methodology, methods of assessment of information security, risk-oriented approach, standard.

scholarly journals Methodical provision of financial security assessment of the state

2021 ◽  
pp. 15-25
Author(s):  
Iryna V. Zaichko
Keyword(s):  
Economic Development ◽  
Economic Security ◽  
The State ◽  
Security Level ◽  
Financial Security ◽  
Security Assessment ◽  
Budgetary Policy ◽  
State Pension ◽  
The Impact ◽  
Functional Components

Purpose of the research. The main purpose of the article is to improve methodological support for the assessment of the financial security of the state, taking into account the impact of budgetary policy. Methodology. During the study the following methods were applied: comparative analysis, integral estimation, normalization of indicators, component analysis, method of principal components, etc. Results. In the course of comparing the existing methodological support for the financial security assessment, it is justified, notwithstanding the existing shortcomings, the expediency of applying in the analytical work the Methodological recommendations for the calculation of the economic security level of Ukraine of the Ministry of Economic Development and Trade of Ukraine (2013) and the necessary calculations of the level of financial security of Ukraine for 2009-2018. Additional financial security indicators are proposed, taking into account the priority of its budget component, in particular, the share of revenues from the National Bank of Ukraine (NBU) in the state budget revenues (for banking security), the ratio of the pension contributions of non-state pension funds to the own income of the Pension Fund of Ukraine (PFU) market), government revenue as a percentage of consolidated budget expenditures and the share of public servicing and debt repayment expenditures in consolidated budget expenditures (for debt security), expenditures and for servicing and repayment of public debt as % of gross domestic product (GDP) (for fiscal security); consolidated budget revenues in USD US (for currency security), consumer loans to households, % of household income, and lending to consolidated budget expenditures (for monetary security). On the basis of regression analysis, where sub-indices of functional constituents are taken by factor signs, and the integral indicator of financial security is obtained as a result sign, the reliability of the calculations is confirmed. Practical meaning. The calculated sub-indices of the functional components of the financial security of Ukraine and the integrated indicator for 2009-2018 can be used in the development of plans, forecasts, strategies for socio-economic development of Ukraine. Prospects for further research of the author are to study the impact of budgetary policy on the state of financial security of Ukraine.

scholarly journals A New Card-Linked Loyalty Program: Estimated and Anticipated Benefits for Payment Transaction Parties

Electronics ◽  
2020 ◽  
Vol 9 (11) ◽  
pp. 1956
Author(s):  
Albert Sitek ◽  
Zbigniew Kotulski
Keyword(s):  
Risk Management ◽  
Processing Time ◽  
Loyalty Programs ◽  
Security Level ◽  
Loyalty Program ◽  
Payment Card ◽  
Contextual Risk ◽  
High Level ◽  
In The Beginning ◽  
The Impact

Electronic card payments are getting more and more popular, mainly because of their simplicity, convenience, processing time and high level of security. The fact that a single payment card is issued for a particular cardholder makes it possible to link a card to various services. In this paper, we investigated a usage of a payment card in the loyalty program that incorporates our Contextual Risk Management System (CRMS) to assure a novel intangible reward: Shorter transaction processing time. In the beginning, we emphasize the importance of soft benefits in modern loyalty programs and recall the risk management algorithms and the reputation system that has been used in the CRMS. Then, using an extensive dataset of 2.5 million payment transaction traces (collected within a year from 68 terminals) we estimate potential benefits for merchants and cardholders and try to predict an effect of this system for the future. We also discuss the impact of this system on the real and user-perceived security level.

scholarly journals Impact of innovative activity on the economic security of the enterprise

2021 ◽  
Vol 10 (47) ◽  
pp. 271-281
Author(s):  
Tatiana Yu. Nikolenko ◽  
Lidiya V. Semina
Keyword(s):  
Economic Security ◽  
High Impact ◽  
Innovative Activity ◽  
Security Level ◽  
Economic Entity ◽  
Step Procedure ◽  
Mathematical Calculation ◽  
Innovative Potential ◽  
Main Components ◽  
The Impact

The article deals with issues related to the assessment of the economic security level taking into account the innovative activity of the enterprise. The relevance of the problem of increasing the degree of economic entities protection in modern conditions with high competition is reflected. The main components that form the economic security of the organization are listed, and their brief characteristics are given. Besides, the article presents the author's step-by-step procedure for assessing the economic security level. Special attention is paid to the impact of effective innovation on the economic security level of the enterprise. The mathematical calculation for determining the economic security level is shown in more detail on the example of the technical and technological direction of the enterprise, which involves active innovation. The resulting calculations prove the high impact of successful innovations on the economic security of an economic entity due to the priority of this area of activity, as well as the possibility of extracting a significant share of profit. Thus, the article proves the statement about the feasibility of evaluating the innovative potential of the enterprise, as well as analyzing the level of its compliance with the requirements of external and internal environments.

scholarly journals Economic Security of Entrepreneurial Structures in the Minds of Digitalization

2020 ◽  
pp. 263-272
Author(s):  
Yurii Malakhovskyi ◽  
◽  
Oleh Onofriichuk ◽  
Olena Kulishova ◽  
◽  
...  
Keyword(s):  
Positive Impact ◽  
Economic Security ◽  
Real Economy ◽  
The Real ◽  
Use Of Resources ◽  
Efqm Model ◽  
Number Of Factors ◽  
Security Indicators ◽  
High Level ◽  
The Impact

The purpose of this publication is to study the system of economic security parameters and improve the process of using RADAR logic as an element of assessing the information security of the enterprise. The importance of the concept of economic security of enterprises (EBP) is that scientists recognize it as an important factor in national security, since the real economy is an environment of planning, organization and the best use of resources. Four main factors of EBP are considered: a) planning; b) monitoring of the external and internal environment; (b) identifying and implementing threat response measures; d) control and improvement of the system. Taking into account the turbulence of the external environment, the impact on the formation of parameters of the EBP of macro-, meso- and microeconomic level factors is investigated. It is proposed to lay the methodology based on the model of the European Quality Management Fund (EFQM) as the basis for the formation of the EBP culture. Its goal is to achieve a high level of business excellence, the direction is to promote the processes of coordination of business and security goals, coordination of efforts to achieve sustainable security indicators, the formation of market knowledge and best practices for their exchange. The prospects for practical use of the EFQM model, the components of which are: basic concepts of perfection are carefully studied; criteria; RADAR logic. The conclusion about the feasibility of implementing the RADAR system is substantiated. Full and comprehensive implementation of the system can have a positive impact on the level of short-term liquidity of the company's assets, its long-term solvency, the formation of the desired level of profitability for shareholders, and generate positive external effects for society and the environment. The complexity of ensuring the EBP is explained by the variety of manifestations and relationships of interactive elements among the internal components of enterprises and the unpredictability of the manifestation of external factors. A logical conclusion is drawn about the importance of the EBP concept, its ability to include a significant number of factors in the sphere of management influence. The direct consequences of using the EBP concept are the comprehensive provision of both its own economic security and the fundamental principles of its organization, the safety of the activities of individuals, the ability to take into account numerous factors in the formation of the actual level of regional, national and international economic security of the state. The strategic directions of further research are outlined: study, schematization, numerical formalization of system-structural relations of components and threats to economic security of enterprises, the real sector and the national economy as a whole.

scholarly journals Urbanization as a challenge for the food safety of a country

2018 ◽  
pp. 121-128
Author(s):  
Lesya Sheludko
Keyword(s):  
Economic Development ◽  
Food Security ◽  
Economic Security ◽  
Consumer Products ◽  
World Population ◽  
Global Trends ◽  
The World ◽  
Impact Of Urbanization ◽  
High Level ◽  
The Impact

Actuality of the research topic. A number of global trends affects food supply and consumption, as well as food security in the world. The main one is the growth of the world population primarily in emerging countries and urbanization of the population. Accordingly, the topic of food security in the context of urbanization becomes highly relevant. Problem statement. It should be noted, that urbanization changes the quantity and structure of food products, increases the demand for quality products, impacts on food security and economic security of the country in general. Review of recent research and publications. Urbanization is a very complex subject; so many well-known foreign and domestic scientists from different fields of science have studied various aspects of urbanization. At the same time, the vast majority of publications are mostly theoretical and cover the demographic and geographical aspects of urban processes, while the issues of economic analysis and the impact of urbanization on food security remain inadequately studied. Task statement, research methods. The article aims to study the process of urbanization in the world and in Ukraine, as well as to identify the impact of urban processes on the economic development of countries and food security in order to develop recommendations on prospects and opportunities for Ukraine. Presentation of the main material (results of work). The paper describes the main processes of urbanization, which take place in different countries and in the world as a whole, as well as in Ukraine. The influence of urbanization processes on the economic development of the countries is determined, namely, that the countries with high level of urbanization have high economic development and accordingly the high Gross National Product per capita. It has been discovered, that urbanization also affects the food security of countries, as the number of urban population increases, the structure of consumer products changes, and the demand for food increases as well. Summary. Urbanization represents both a challenge and an opportunity for the development of agriculture, as well as food security. Urbanization provides opportunities for Ukraine in the face of growing demand for food, to improve its export potential.

scholarly journals THE INFLUENCE OF THE SHADOW ECONOMY ON THE SOCIO-ECONOMIC DEVELOPMENT OF UKRAINE

2021 ◽  
Author(s):  
Yuliia Romanovska ◽  
Lily Strapachuk
Keyword(s):  
Economic Development ◽  
Shadow Economy ◽  
Negative Impact ◽  
Economic Security ◽  
The State ◽  
State Budget ◽  
Socio Economic Development ◽  
High Inflation ◽  
High Level ◽  
The Impact

The article considers the approaches to the interpretation of the category "shadow economy", which causes a variety of approaches to assessing the impact of the shadow economy on the socio-economic development of Ukraine. The spread of the pandemic and the complication of economic conditions, formed as a result of the introduction of forced restrictive measures, have led to the growth of the shadow economy in Ukraine. The index of shadowing of the economic sphere in relation to the inflation index and the level of the state budget deficit has been studied. The factors that led to the shadowing of the economy and caused the growth of the share of the shadow sector in the economy of Ukraine are highlighted. The main components of shadow employment are identified. Business entities operating in the shadow sector have significantly more competitive advantages and much higher efficiency than legally operating businesses. As a result, such enterprises are an obstacle to the flow of funds to the budgets of all levels of the country, and as a consequence, have a negative impact on socio-economic development in general. In recent years, state budget expenditures have been growing too slowly, which indicates a high level of shadowing of the economy in conditions of high inflation and, consequently, negatively affects the socio-economic security of society. Budget expenditures are closely linked to public policy, which allows the state to curb the level of economic shadowing through measures to reform relevant areas. It is investigated that the State budget expenditures grow too slowly, which indicates a high level of shadowing of the economy in conditions of high inflation. The paper substantiates the reasons for the growth of the shadow economy and identifies the main measures to reduce shadow employment, the manifestations of which are the deformation of social and economic institutions of the state. The de-shadowing of the economy provides citizens with the right to social protection, in the form of social guarantees in case of unemployment, temporary incapacity for work, accidents or occupational diseases during official work, pensions, etc.

scholarly journals Forecasting the level of financial security of the country (on the example of Ukraine)

2018 ◽  
Vol 15 (3) ◽  
pp. 304-317 ◽  
Author(s):  
Józef Antoni Haber ◽  
Alina Bukhtiarova ◽  
Svitlana Chorna ◽  
Olesia Iastremska ◽  
Tetiana Bolgar
Keyword(s):  
Regression Analysis ◽  
Financial System ◽  
Economic Security ◽  
Main Element ◽  
Security Level ◽  
Financial Security ◽  
Security Assessment ◽  
Economic Relations ◽  
Banking Market

In the conditions of functioning of economic relations, which arise between subjects of the financial system of Ukraine, the question of creating safe conditions for their activity is increasingly being raised. Attention is paid to the investigation of the state of financial security of the country as a component of economic security, in terms of its key elements, which allows attention to the most important indicators and to develop measures to prevent existing threats.The purpose of the paper is to forecast the level of financial security of the country based on regression analysis of impacts factors. The object of the study is the financial system as a mechanism, which is aimed at the activities of financial security subjects of the country to ensure its proper level. As a result of the regression analysis, it was found that changing in the country’s banking security by 1% will decrease the overall financial security index by 0.04 points, while the non-banking market will grow by 0.07 and the monetary component will decrease by 0.51.Based on the calculation of the arithmetic mean of absolute deviations of independent variables, the estimated value of Ukraine’s financial security level is calculated, which is 40.09% in 2018.Proposals for improving the “Methodological Recommendations for Calculating the Level of Economic Security of Ukraine” will help to solve the problem of mathematical substantiation of the choice of indicators for assessing financial security, minimize risks, eliminate subjectivity and improve the efficiency and the quality of the country’s financial security assessment methodology.The article deals with the issues of the financial component of economic security as the main element of ensuring sustainable financial development of the country.

scholarly journals The Role of European Integration in Ensuring Economic Security

2019 ◽  
pp. 53-59
Author(s):  
A. Stavytskyy
Keyword(s):  
European Union ◽  
Decisive Role ◽  
Economic Security ◽  
European Countries ◽  
Transport Infrastructure ◽  
Security Level ◽  
The European Union ◽  
Factors Affecting ◽  
Security Index ◽  
High Level

The paper considers the issue of ensuring the level of economic security in Europe. Based on the panel gravity model, a regression was estimated for 49 European countries for 1991–2017. The investigation tested six different hypothesis about the channels of dissimilation of economic security level in Europe. The results provided an opportunity to determine the factors affecting the spread of a high level of economic security to neighbouring countries. It was stated that some factors play an important role in the process of exchanging best practices, technologies, human capital, etc. In particular, such factors can be mentioned: the economic security index of the neighbouring country, the difference in the indices of economic security between countries, the distance between countries, the existence of common borders, the country’s participation in the European Union, the introduction of the euro in the country. It was shown that European countries have not yet exhausted the potential of developing their own economic security. For example, the expansion of the European Union, of course, subject to the principles of its functioning, can increase the general security level by about 1,5 %. Also, it was stated that distances cease to play a decisive role for the spreading the technologies, goods, services. This means that taking into account the development of Europe’s transport infrastructure, it is possible to quickly disseminate the latest trends in economic security among countries. Economic growth and equalization in economic conditions offset the differences between countries. The growth of the economic security index in neighbouring countries is sufficiently significant. Thus, it is beneficial for all countries to have prosperous neighbours around them. At the same time, an increase in the economic security index is possible only with a significant increase in competition.

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