ABSTRACT

Information and Communication Technologies (ICTs) can facilitate and support a broad-based social and economic development. The new, dynamic, and fast-growing ICTs pose a new organization experience. Some significant benefits have been researched and disclosed at the macro-level growth coming from information technologies, telecommunications and mobile communication investments in developed and developing countries. Blockchain is a rapidly evolving area of information technology, with the potential for huge benefits in terms of security, reliability, and cost-efficiency in the exchange of information. The infrastructure and capacity of information technology to deliver safe, effective, timely, efficient, and equitable services is becoming an increasingly essential part of business operations. Information technology security strategy and technology risk management frameworks provide directions to build the appropriate strategy while adopting advanced technologies. The National Institute of Standards and Technology’s Cyber-Security Framework is a voluntary framework that consists of standards, guidelines, and best practices to manage cyber-security-related risk.