BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Cyber Security of the Economy and Public Finances: Historiography and Post-War Trajectory of Development
Petrukha N. M., Petrukha S. V., Zhmaiev A. Y., Synkevych M. E.

Petrukha, Nina M. et al. (2024) “Cyber Security of the Economy and Public Finances: Historiography and Post-War Trajectory of Development.” Business Inform 6:64–79.
https://doi.org/10.32983/2222-4459-2024-6-64-79

Section: Information Technologies in the Economy

Article is written in Ukrainian
Downloads/views: 18

Download article (pdf) -

UDC 355.451:004.7

Abstract:
The article examines the evolution of the cyber security paradigm in the context of the ontogenesis of the economy and public finances with an emphasis on the triggers of pre-war and war-oriented institutional memory and challenges in the post-war reconstruction of Ukraine. The scientific novelty consists in a comprehensive study of historiographical processes in cyber security and their impact on dynamic shifts in the economy and public finances, considering endo- and exogenous cyber challenges and opportunities for digital transformation and all-encompassing digitalization formed by the new economic reality. It was found that the emergence and strengthening of the role of artificial intelligence allows for a closer level of correlation between trends in the development of the economy and public finances by adding new data to predictive models, bringing them to the level of big data, identifying threats and risks in them for the development of adaptive anti-crisis-colored regulatory behavioral models for the State regulators, including in terms of creating formal and informal institutional rules for countering cyber threats. On the basis of this, practical recommendations on increasing the efficiency and productivity of the level of cyber security were formed, which correspond to the existing strategic document in this area – the Cyber Security Strategy of Ukraine, which stitches together niche strategic documents (such as the Plan for the Ukraine Facility, the Strategy for the Reform of the State Finance Management System for 2022–2025) by a single cyber defense system.

Keywords: cyber threats, cyber security, national economy, public finances, post-war recovery, reconstruction, financial and economic security, digitalization.

Fig.: 6. Tabl.: 2. Bibl.: 40.

Petrukha Nina M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Construction Management, Kyiv National University of Construction and Architecture (31 Povitrianykh Syl Ave., Kyiv, 03680, Ukraine)
Email: [email protected]
Petrukha Serhii V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Construction Management, Kyiv National University of Construction and Architecture (31 Povitrianykh Syl Ave., Kyiv, 03680, Ukraine)
Email: [email protected]
Zhmaiev Anatolii Yu. –
Synkevych Maksym E. –

List of references in article

[Legal Act of Ukraine] (2018). https://zakon.rada.gov.ua/laws/show/67-2018-р#Text
[Legal Act of Ukraine] (2021). https://zakon.rada.gov.ua/laws/show/n0055525-21#n2
[Legal Act of Ukraine] (2021). https://zakon.rada.gov.ua/laws/show/1467-2021-р#Text
[Legal Act of Ukraine] (2016). https://zakon.rada.gov.ua/laws/show/92-2016-р#Text
Stigliz, J., Sen, A., and Fitoussi, J.-P. “Mis-measuring Our Lives: Why GDP Doesn't Add Up“. Sustainable. https://elearning.unimib.it/pluginfile.php/566943/mod_resource/content/3/StiglitzSustainabilityE.pdf
The Institutional Foundations of the Digital Economy in the 21st Century. Berlin: Walter de Gruyter GmbH & Co KG, 2021.
Overby, H., and Audestad, J. A. Introduction to Digital Economics. Foundations, Business Models and Case Studies. Cham: Springer Nature, 2021.
Sustainable Development of Modern Digital Economy. Cham: Springer Nature, 2021.
The Big Data Driven Digital Economy: Artificial and Computational Intelligence. Cham: Springer Nature, 2021.
Long, C. Digital Public Financial Management. An Emerging Paradigm. London: ODI Working Paper Series, 2023.
Digital Finance and the Future of the Global Financial System: Disruption and Innovation in Financial Services. New York, NY: Routledge, 2023.
Benni, N. Digital Finance and Inclusion in the Time of COVID-19 : Lessons, Experiences and Proposals. Rome: FAO, 2021.
Hrubiian, O., and Jeremic, D. “Public Finance Management Reform: Digitalization as a Tool to Lift Processes to a New Level of Governance and Eradicate Systemic Issues“. EU4PFM. https://eu4pfm.com.ua/news/public-finance-management-reform-digitalization-as-a-tool-to-lift-processes-to-a-new-level-of-governance-and-eradicate-systemic-issues
Kau, G., Lashkari, Z. H., and Lashkari, A. H. Understanding Cybersecurity Management in FinTech: Challenges, Strategies and Trends. Cham: Springer Nature, 2021.
Kopp, E., Kaffenberger, L., and Wilson, C. “Cyber Risk, Market Failures, and Financial Stability“. IMF Working Papers. 2017. https://www.imf.org/en/Publications/WP/Issues/2017/08/07/Cyber-Risk-Market-Failures-and-Financial-Stability-45104
Adelmann, F. et al. “Cyber Risks and Financial Stability : It's a Small World After All“. IMF Working Papers. 2020. https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2020/12/04/Cyber-Risk-and-Financial-Stability-Its-a-Small-World-After-All-48622
“Stratehiia rozvytku fintekhu v Ukraini do 2025 roku. Stalyi rozvytok innovatsii, keshles ta finhramotnist“ [Fintech Development Strategy in Ukraine until 2025. Sustainable Development of Innovations, Cashless and Financial Literacy]. Natsionalnyi bank Ukrainy. 2020. https://bank.gov.ua/ua/files/DDWIAwXTdqjdClp.
“Stratehiia rozvytku finansovoho sektoru Ukrainy“ [Strategy for the Development of the Financial Sector of Ukraine]. Natsionalnyi bank Ukrainy. https://bank.gov.ua/admin_uploads/article/Strategy_finsector_NBU.pdf?v=7
Vyshnevskyi, V. P. et al. Tsyfrovizatsiia ekonomiky Ukrainy: transformatsiinyi potentsial [Digitization of the Economy of Ukraine: Transformational Potential]. Kyiv: VD «Akademperiodyka», 2020. DOI: https://doi.org/10.15407/akademperiodyka.398.188
Kohut, Yu. Tsyfrova transformatsiia ekonomiky ta problemy kiberbezpeky [Digital Transformation of the Economy and the Problems of Cyber Security]. Kyiv: Sidkon, 2021.
Mishchenko, V. I. “Mekhanizmy rehuliuvannia protsesiv tsyfrovizatsii dlia zabezpechennia natsionalno ukorinenoi stiikosti ekonomichnoho rozvytku“ [Mechanisms of Regulation of Digitization Processes to Ensure Nationally Rooted Resilience of Economic Development]. Ekonomichnyi prostir, no. 189 (2024): 283-290. DOI: https://doi.org/10.32782/2224-6282/189-50
Melnyk, L. H. et al. “Tsyfrovizatsiia ekonomichnykh system ta liudskyi kapital: pidpryiemstvo, rehion, narodne hospodarstvo“ [Digitization of Economic Systems and Human Capital: Enterprise, Region, National Economy]. Mekhanizm rehuliuvannia ekonomiky, no. 2 (2020): 9-28. DOI: https://doi.org/10.21272/mer.2020.88.01
Krynytsia, S. O. “Poniattia ta sutnist tsyfrovoi transformatsii u publichnykh finansakh“ [Concept and Essence of Digital Transformation in Public Finance]. Naukovyi visnyk Odeskoho natsionalnoho ekonomichnoho universytetu, no. 3-4 (2024): 63-70. DOI: https://doi.org/10.32680/2409-9260-2024-3-4-316-317-63-70
Parubets, O. “Tsyfrovi instrumenty upravlinnia mistsevymy finansovymy resursamy“ [Digital Tools to Manage Local Financial Resources of Territorial Communities]. Problemy i perspektyvy ekonomiky ta upravlinnia, no. 4 (2023): 225-237. DOI: https://doi.org/10.25140/2411-5215-2023-4(36)-225-237
Petrukha, S. V., Paliichuk, T. M., and Petrukha, N. M. “Mistsevi finansy v umovakh koronakryzy: nova biudzhetna arkhitektonika ta finansova spromozhnist rehuliatsii sektoralnykh i sotsialno-ekonomichnykh protsesiv“ [Local Finances in the Context of the Coronacrisis: New Budget Architecture and Financial Capacity to Regulate Sectoral and Socio-Economic Processes]. Finansy Ukrainy, no. 12 (2020): 83-105. DOI: https://doi.org/10.33763/finukr2020.12.083
Petrukha, N., Klymenko, K., and Petrukha, S. “Ekonomika ta derzhavni finansy - fenomen ukrainskoi nezlamnosti“ [Economy and Public Finances - The Phenomenon of Ukrainian Indomitability]. Vcheni zapysky Universytetu «KROK», no. 2 (2024): 42-55. DOI: https://doi.org/10.31732/2663-2209-2024-74-42-55
Klymenko, K. V., Petrukha, N. M., and Petrukha, S. V. “«Zelenyi» plan Marshalla dlia Ukrainy: finansovo-ekonomichnyi ta rehuliatornyi kontekst“ [The Marshall's "Green" Plan for Ukraine: The Financial, Economic and Regulatory Context]. Naukovi pratsi NDFI, no. 1 (2024): 20-49. DOI: https://doi.org/10.33763/npndfi2024.01.020
Shubalyi, O. M. et al. “Formuvannia systemy informatsiino-analitychnoho zabezpechennia rozvytku biopalyvnykh vyrobnytstv na bazi pidpryiemstv ahrosektoru“ [Formation of the Information and Analytical Support System for the Development of Biofuel Industries on the Base of Agricultural Sector Enterprises]. Naukovi pratsi NDFI, no. 3 (2023): 133-147. DOI: https://doi.org/10.33763/npndfi2023.03.133
Petrukha, N. M., and Petrukha, S. V. Derzhavne rehuliuvannia intehrovanykh korporatyvnykh obiednan v umovakh strukturno-instytutsionalnoi ta funktsionalnoi transformatsii silskoi ekonomiky: problemy metodolohii, teorii, sotsialno-ekonomichnoi ta sektoralnoi polityky [State Regulation of Integrated Corporate Associations in Conditions of Structural-institutional and Functional Transformation of the Rural Economy: Problems of Methodology, Theory, Socio-economic and Sectoral Policy]. Kyiv: Vydavnychyi dim «Profesional», 2020.
“Digital Tiger: the Power of Ukrainian IT. Research for 2023“. 2023. https://itukraine.org.ua/files/ITU_GT.pdf
“Zovnishnia torhivlia tovaramy (vidpovidno do KPB6). Zovnishnia torhivlia posluhamy (vidpovidno do KPB6)“ [Foreign Trade in Goods (According to KPB6). Foreign Trade in Services (According to KPB6)]. https://bank.gov.ua/files/ES/Trade_m.pdf
[Legal Act of Ukraine] (2012). https://zakon.rada.gov.ua/laws/show/236-2012-п#n9
Derzhavnyi veb-portal biudzhetu dlia hromadian. https://openbudget.gov.ua
Petrukha, S., Petrukha, N., and Kunytskyi, K. “Informatsiino-konsultatsiine zabezpechennia rozvytku ahrarnoho sektoru: zarubizhnyi dosvid, rekomendatsii dlia Ukrainy“ [Information and Consulting Support for the Development of the Agrarian Sector: Foreign Experience, Recommendations for Ukraine]. Ekonomist, no. 2 (2015): 36-41.
[Legal Act of Ukraine] (2024). https://zakon.rada.gov.ua/laws/show/z0465-24#Text
“Tryvaie reiestratsiia rozporiadnykiv biudzhetnykh koshtiv ta protses serednyostrokovoho planuvannia v IT-systemi biudzhetnoho planuvannia ta monitorynhu“ [The Registration of Managers of Budget Funds and the Process of Medium-term Planning in the IT System of Budget Planning and Monitoring is Ongoing]. https://www.publicfinance.gov.ua/news/4
“Vebdostupnist saitiv derzhavnykh orhaniv vlady : zvit za rezultatamy monitorynhu“ [Web Accessibility of Websites of State Authorities : Report on Monitoring Results]. Kyiv, 2023. https://www.undp.org/uk/ukraine/publications/accessibility-state-authorities-websites-report-study-results
“Cyber Conflict Briefing“. EuRepoC. November 2023. https://eurepoc.eu/wp-content/uploads/2023/12/EuRepoC-Cyber-Conflict-Briefing-November-2023-Final.pdf
Petrukha, S. V. Derzhavne antykryzove rehuliuvannia ahrarnoho sektoru ekonomiky Ukrainy [State Anti-crisis Regulation of the Agrarian Sector of the Economy of Ukraine]. Kyiv: TsUL, 2018.
Petrukha, S., and Petrukha, N. “Do pytannia pryrody ta identyfikatsii strukturnykh zrushen v ekonomitsi: metodolohichnyi aspekt“ [To the Question of the Nature and Identification of Structural Shifts in the Economy: Methodological Aspect]. Ekonomist, no. 8 (2013): 23-26.

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster