in: Futurisks: Risk Management in the Digital Age, KIRAL HALİS,Yılmaz Gökhan, Editor, Springer, Singapore, pp.17-55, 2025
In 2023, more than five billion people in the world are using the internet and they spend about seven hours on the internet every day. Such increased dependence on Information and Communication Technologies (ICT) requires individuals and businesses to approach cyber risks and emerging technologies with greater caution. If we do not count the reputation and moral damages of the business, cyber risks cost 8.4 trillion dollars in the world in 2022. Studies on the impact of cyber risks on organizations generally consider organizations as a whole and evaluate the impact of risk from this perspective. While the impact of a risk affecting one department can affect other departments, the impact of certain risks on some departments is much more direct. Our research covers a wide range of cyber security topics, including emerging technologies, legal implications, employee training, and the interconnectedness of cyber risks within an organization and also diverges from existing studies that primarily examine businesses as a whole and evaluate the overall impact of cyber risks from that view. By delving into the future cyber risks that potentially affect departments within organizations, our study offers a more granular and comprehensive understanding of the intricate dynamics between cyber risks and departmental operations. This approach allows for a more nuanced analysis of the specific implications and tailored strategies for assessing and mitigating cyber risks at the departmental level, providing valuable insights for practitioners and decision-makers seeking to enhance their organization’s cyber security posture and for academics working on cyber security.