Year: 2024
Type: article
Abstract: Veteran-owned small businesses (VOSBs) play a crucial role in the economic landscape, offering unique perspectives and fostering innovation.However, they face distinct security challenges due to limited resources, evolving cyber threats, and vulnerabilities associated with rapidly digitizing business operations.Riskbased security models provide a tailored approach to safeguarding VOSBs by identifying, prioritizing, and mitigating risks based on their potential impact.These models are particularly valuable for VOSBs, as they enable the efficient allocation of scarce resources to address the most critical security threats.This study explores the design and application of risk-based security frameworks for VOSBs, emphasizing the importance of aligning security measures with organizational objectives and compliance requirements.The analysis identifies common vulnerabilities in veteran-owned businesses, including insufficient cybersecurity training, reliance on outdated technologies, and limited access to specialized expertise.Additionally, it highlights best practices such as leveraging scalable security solutions, implementing employee awareness programs, and utilizing government-backed initiatives like the Cybersecurity Maturity Model Certification (CMMC).Policy implications are also discussed, focusing on the need for targeted support programs that address the unique challenges faced by VOSBs, including subsidies for advanced security tools and access to cybersecurity training tailored to small businesses.This research underscores the critical role of proactive risk management in protecting the operational integrity and growth potential of veteran-owned enterprises, ultimately ensuring their resilience in an increasingly complex threat environment.
Author: Enuma Edmund
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4406023286