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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

Factors Affecting Cybersecurity Readiness from Dynamic Capabilities Perspective: A Thematic Review

Ahmad Fairuz Mohamed Noor, Sedigheh Moghavvemi, Farzana Parveen Tajudeen

http://dx.doi.org/10.6007/IJARAFMS/v14-i4/23970

Open access

As cyber threats become increasingly sophisticated, organizations worldwide face rising challenges across various industries, making proactive cybersecurity readiness essential. This study addresses a gap in the literature by analysing factors affecting cybersecurity readiness from 2014 to 2023, with a focus on the underutilized dynamic capabilities theory in the context of cybersecurity. Using a thematic literature review methodology, this research explores the key factors influencing organizational cybersecurity readiness. The study identifies critical factors that enhance cybersecurity readiness, categorized into three capabilities: sensing (detecting and adapting to threats), seizing (proactively managing risks), and transforming (continuously evolving security measures and organizational culture). It emphasizes the importance of effective resource allocation and dynamic leadership in fostering a strong cybersecurity posture. These factors are synthesized into a framework that offers a comprehensive understanding of cybersecurity readiness. This study provides new insights into the application of dynamic capabilities theory to cybersecurity, offering a novel approach to improving organizational preparedness against cyber threats. The findings are relevant to a wide audience, including academics, organizations, policymakers, and technology developers. Scholars gain deeper insights, organizations receive actionable recommendations, policymakers gain valuable input for shaping policies, and technology developers benefit from practical implications for security implementation.