In the world as we know it, at the time of writing this paper, it is unimaginable for us to live, do business, communicate, socialize, or rest, without using some resource of the “cyber world”. Which resource we use the most, out of all the resources on offer, (digitally literate people, academically educated people in the field of digitalization, a home „flooded“ with digital devices, a business environment based on digitalization...) - it is difficult to decide. And is such an environment safe, ethically, morally and legally acceptable, is this environment exactly the environment that encourages us to develop and research or is it an environment that creates “digital slaves” of us, is this the environment that we want for our descendants? And this is a question that provokes many contradictory views. That is why the authors decided to provide answers to the questions posed above and contribute to resolving the aforementioned dilemmas. Namely, managing micro or macro communities with the help of digitalization can be considered a great relief. However, the issue of the security of such management and the community managed in this way remains questionable. Therefore, the main goal of this paper is to provide answers, with the help of scientific 488 ”Challenges of Digitalization in the Green Economy” Belgrade, October 30th, 2025 methods, to the questions of who prevails: sustainable development or cyberspace - is digitalization our chance for success or the fear that paralyzes us? Our society is capable of noticing all the benefits and positive effects of digitalization, but is it aware and capable of recognizing and analyzing the dangers that come with it? With the help of scientific methods, the paper provides answers and clarifies the previously mentioned dilemmas, with an explanation of the most common risks and dangers that occur in our country and in neighboring countries, but also, in the last part of the paper, recommendations and advice for improving the functioning of the researched area are provided.