Understanding Cybersecurity Management In Fintech

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Understanding Cybersecurity Management in FinTech

Author : Gurdip Kaur,Ziba Habibi Lashkari,Arash Habibi Lashkari
Publisher : Springer Nature
Page : 193 pages
File Size : 42,7 Mb
Release : 2021-08-04
Category : Business & Economics
ISBN : 9783030799151

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Understanding Cybersecurity Management in FinTech by Gurdip Kaur,Ziba Habibi Lashkari,Arash Habibi Lashkari Pdf

This book uncovers the idea of understanding cybersecurity management in FinTech. It commences with introducing fundamentals of FinTech and cybersecurity to readers. It emphasizes on the importance of cybersecurity for financial institutions by illustrating recent cyber breaches, attacks, and financial losses. The book delves into understanding cyber threats and adversaries who can exploit those threats. It advances with cybersecurity threat, vulnerability, and risk management in FinTech. The book helps readers understand cyber threat landscape comprising different threat categories that can exploit different types of vulnerabilties identified in FinTech. It puts forward prominent threat modelling strategies by focusing on attackers, assets, and software and addresses the challenges in managing cyber risks in FinTech. The authors discuss detailed cybersecurity policies and strategies that can be used to secure financial institutions and provide recommendations to secure financial institutions from cyber-attacks.

Understanding Cybersecurity Management in Decentralized Finance

Author : Gurdip Kaur,Arash Habibi Lashkari,Iman Sharafaldin,Ziba Habibi Lashkari
Publisher : Springer Nature
Page : 129 pages
File Size : 54,8 Mb
Release : 2023-01-09
Category : Business & Economics
ISBN : 9783031233401

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Understanding Cybersecurity Management in Decentralized Finance by Gurdip Kaur,Arash Habibi Lashkari,Iman Sharafaldin,Ziba Habibi Lashkari Pdf

This book discusses understand cybersecurity management in decentralized finance (DeFi). It commences with introducing fundamentals of DeFi and cybersecurity to readers. It emphasizes on the importance of cybersecurity for decentralized finance by illustrating recent cyber breaches, attacks, and financial losses. The book delves into understanding cyber threats and adversaries who can exploit those threats. It advances with cybersecurity threat, vulnerability, and risk management in DeFi. The book helps readers understand cyber threat landscape comprising different threat categories for that can exploit different types of vulnerabilities identified in DeFi. It puts forward prominent threat modelling strategies by focusing on attackers, assets, and software. The book includes the popular blockchains that support DeFi include Ethereum, Binance Smart Chain, Solana, Cardano, Avalanche, Polygon, among others. With so much monetary value associated with all these technologies, the perpetrators are always lured to breach security by exploiting the vulnerabilities that exist in these technologies. For simplicity and clarity, all vulnerabilities are classified into different categories: arithmetic bugs, re-Entrancy attack, race conditions, exception handling, using a weak random generator, timestamp dependency, transaction-ordering dependence and front running, vulnerable libraries, wrong initial assumptions, denial of service, flash loan attacks, and vampire Since decentralized finance infrastructures are the worst affected by cyber-attacks, it is imperative to understand various security issues in different components of DeFi infrastructures and proposes measures to secure all components of DeFi infrastructures. It brings the detailed cybersecurity policies and strategies that can be used to secure financial institutions. Finally, the book provides recommendations to secure DeFi infrastructures from cyber-attacks.

Handbook of Research on Cybersecurity Issues and Challenges for Business and FinTech Applications

Author : Saeed, Saqib,Almuhaideb, Abdullah M.,Kumar, Neeraj,Zaman, Noor,Zikria, Yousaf Bin
Publisher : IGI Global
Page : 581 pages
File Size : 43,5 Mb
Release : 2022-10-21
Category : Computers
ISBN : 9781668452868

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Handbook of Research on Cybersecurity Issues and Challenges for Business and FinTech Applications by Saeed, Saqib,Almuhaideb, Abdullah M.,Kumar, Neeraj,Zaman, Noor,Zikria, Yousaf Bin Pdf

Digital transformation in organizations optimizes the business processes but also brings additional challenges in the form of security threats and vulnerabilities. Cyberattacks incur financial losses for organizations and can affect their reputations. Due to this, cybersecurity has become critical for business enterprises. Extensive technological adoption in businesses and the evolution of FinTech applications require reasonable cybersecurity measures to protect organizations from internal and external security threats. Recent advances in the cybersecurity domain such as zero trust architecture, application of machine learning, and quantum and post-quantum cryptography have colossal potential to secure technological infrastructures. The Handbook of Research on Cybersecurity Issues and Challenges for Business and FinTech Applications discusses theoretical foundations and empirical studies of cybersecurity implications in global digital transformation and considers cybersecurity challenges in diverse business areas. Covering essential topics such as artificial intelligence, social commerce, and data leakage, this reference work is ideal for cybersecurity professionals, business owners, managers, policymakers, researchers, scholars, academicians, practitioners, instructors, and students.

Understanding Cybersecurity Law and Digital Privacy

Author : Melissa Lukings,Arash Habibi Lashkari
Publisher : Springer Nature
Page : 194 pages
File Size : 51,5 Mb
Release : 2021-12-01
Category : Business & Economics
ISBN : 9783030887049

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Understanding Cybersecurity Law and Digital Privacy by Melissa Lukings,Arash Habibi Lashkari Pdf

Cybersecurity, data privacy law, and the related legal implications overlap into a relevant and developing area in the legal field. However, many legal practitioners lack the foundational understanding of computer processes which are fundamental for applying existing and developing legal structures to the issue of cybersecurity and data privacy. At the same time, those who work and research in cybersecurity are often unprepared and unaware of the nuances of legal application. This book translates the fundamental building blocks of data privacy and (cyber)security law into basic knowledge that is equally accessible and educational for those working and researching in either field, those who are involved with businesses and organizations, and the general public.

Central Bank Risk Management, Fintech, and Cybersecurity

Author : Mr. Ashraf Khan,Majid Malaika
Publisher : International Monetary Fund
Page : 75 pages
File Size : 43,7 Mb
Release : 2021-04-23
Category : Business & Economics
ISBN : 9781513582344

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Central Bank Risk Management, Fintech, and Cybersecurity by Mr. Ashraf Khan,Majid Malaika Pdf

Based on technical assistance to central banks by the IMF’s Monetary and Capital Markets Department and Information Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank risk management. The paper draws on findings from the IMF Article IV Database, selected FSAP and country cases, and gives examples of central bank risks related to fintech and cybersecurity. The paper highlights that fintech- and cybersecurity-related risks for central banks should be addressed by operationalizing sound internal risk management by establishing and strengthening an integrated risk management approach throughout the organization, including a dedicated risk management unit, ongoing sensitizing and training of Board members and staff, clear reporting lines, assessing cyber resilience and security posture, and tying risk management into strategic planning.. Given the fast-evolving nature of such risks, central banks could make use of timely and regular inputs from external experts.

Understanding Cybersecurity Law in Data Sovereignty and Digital Governance

Author : Melissa Lukings,Arash Habibi Lashkari
Publisher : Springer Nature
Page : 297 pages
File Size : 40,8 Mb
Release : 2022-10-14
Category : Business & Economics
ISBN : 9783031142642

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Understanding Cybersecurity Law in Data Sovereignty and Digital Governance by Melissa Lukings,Arash Habibi Lashkari Pdf

This book provides an overview of the topics of data, sovereignty, and governance with respect to data and online activities through a legal lens and from a cybersecurity perspective. This first chapter explores the concepts of data, ownerships, and privacy with respect to digital media and content, before defining the intersection of sovereignty in law with application to data and digital media content. The authors delve into the issue of digital governance, as well as theories and systems of governance on a state level, national level, and corporate/organizational level. Chapter three jumps into the complex area of jurisdictional conflict of laws and the related issues regarding digital activities in international law, both public and private. Additionally, the book discusses the many technical complexities which underlay the evolution and creation of new law and governance strategies and structures. This includes socio-political, legal, and industrial technical complexities which can apply in these areas. The fifth chapter is a comparative examination of the legal strategies currently being explored by a variety of nations. The book concludes with a discussion about emerging topics which either influence, or are influenced by, data sovereignty and digital governance, such as indigenous data sovereignty, digital human rights and self-determination, artificial intelligence, and global digital social responsibility. Cumulatively, this book provides the full spectrum of information, from foundational principles underlining the described topics, through to the larger, more complex, evolving issues which we can foresee ahead of us.

Risk Assessment and Countermeasures for Cybersecurity

Author : Almaiah, Mohammed Amin,Maleh, Yassine,Alkhassawneh, Abdalwali
Publisher : IGI Global
Page : 304 pages
File Size : 44,9 Mb
Release : 2024-05-01
Category : Computers
ISBN : 9798369326923

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Risk Assessment and Countermeasures for Cybersecurity by Almaiah, Mohammed Amin,Maleh, Yassine,Alkhassawneh, Abdalwali Pdf

The relentless growth of cyber threats poses an escalating challenge to our global community. The current landscape of cyber threats demands a proactive approach to cybersecurity, as the consequences of lapses in digital defense reverberate across industries and societies. From data breaches to sophisticated malware attacks, the vulnerabilities in our interconnected systems are glaring. As we stand at the precipice of a digital revolution, the need for a comprehensive understanding of cybersecurity risks and effective countermeasures has never been more pressing. Risk Assessment and Countermeasures for Cybersecurity is a book that clarifies many of these challenges in the realm of cybersecurity. It systematically navigates the web of security challenges, addressing issues that range from cybersecurity risk assessment to the deployment of the latest security countermeasures. As it confronts the threats lurking in the digital shadows, this book stands as a catalyst for change, encouraging academic scholars, researchers, and cybersecurity professionals to collectively fortify the foundations of our digital world.

Revolutionizing Financial Services and Markets Through FinTech and Blockchain

Author : Mehta, Kiran,Sharma, Renuka,Yu, Poshan
Publisher : IGI Global
Page : 362 pages
File Size : 46,5 Mb
Release : 2023-07-20
Category : Business & Economics
ISBN : 9781668486269

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Revolutionizing Financial Services and Markets Through FinTech and Blockchain by Mehta, Kiran,Sharma, Renuka,Yu, Poshan Pdf

The financial services sector experiences millions of transactions representing billions of dollars every day, with security, transparency, and cost-efficiency being top priorities. Blockchain usage is increasing in the financial services sector; it is a breakthrough that has changed the global financial system, making it safer and more efficient. Revolutionizing Financial Services and Markets Through FinTech and Blockchain explores the application of blockchain technology within financial services and financial markets. Covering topics such as blockchain technology, e-finance applications, and financial product innovation, this book is ideal for academicians, investment institutions, asset management professionals, consultants, and more.

Cyber Security and Business Intelligence

Author : Mohammad Zoynul Abedin,Petr Hajek
Publisher : Taylor & Francis
Page : 235 pages
File Size : 45,8 Mb
Release : 2023-12-11
Category : Business & Economics
ISBN : 9781003817789

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Cyber Security and Business Intelligence by Mohammad Zoynul Abedin,Petr Hajek Pdf

To cope with the competitive worldwide marketplace, organizations rely on business intelligence to an increasing extent. Cyber security is an inevitable practice to protect the entire business sector and its customer. This book presents the significance and application of cyber security for safeguarding organizations, individuals’ personal information, and government. The book provides both practical and managerial implications of cyber security that also supports business intelligence and discusses the latest innovations in cyber security. It offers a roadmap to master degree students and PhD researchers for cyber security analysis in order to minimize the cyber security risk and protect customers from cyber-attack. The book also introduces the most advanced and novel machine learning techniques including, but not limited to, Support Vector Machine, Neural Networks, Extreme Learning Machine, Ensemble Learning, and Deep Learning Approaches, with a goal to apply those to cyber risk management datasets. It will also leverage real-world financial instances to practise business product modelling and data analysis. The contents of this book will be useful for a wide audience who are involved in managing network systems, data security, data forecasting, cyber risk modelling, fraudulent credit risk detection, portfolio management, and data regulatory bodies. It will be particularly beneficial to academics as well as practitioners who are looking to protect their IT system, and reduce data breaches and cyber-attack vulnerabilities.

AI-Aided IoT Technologies and Applications for Smart Business and Production

Author : Alex Khang,Anuradha Misra,Shashi Kant Gupta,Vrushank Shah
Publisher : CRC Press
Page : 312 pages
File Size : 41,8 Mb
Release : 2023-12-01
Category : Computers
ISBN : 9781003821519

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AI-Aided IoT Technologies and Applications for Smart Business and Production by Alex Khang,Anuradha Misra,Shashi Kant Gupta,Vrushank Shah Pdf

This book covers the need for Internet of Things (IoT) technologies and artificial intelligence (AI)–aided IoT solutions for business and production. It shows how IoT-based technology uses algorithms and AI models to bring out the desired results. AI-Aided IoT Technologies and Applications for Smart Business and Production shows how a variety of IoT technologies can be used toward integrating data fabric solutions and how intelligent applications can be used to greater effect in business and production operations. The book also covers the integration of IoT data-driven financial technology (fintech) applications to fulfill the goals of trusted AI-aided IoT solutions. Next, the authors show how IoT-based technology uses algorithms and AI models to bring out the desired results across various industries including smart cities, buildings, hospitals, hotels, homes, factories, agriculture, transportation, and more. The last part focuses on AI-aided IoT techniques, data analytics, and visualization tools. This book targets a mixed audience of specialists, analysts, engineers, scholars, researchers, academics, and professionals. It will be useful to engineering officers, IoT and AI engineers, engineering and industrial management students, and research scholars looking for new ideas, methodologies, technologies, models, frameworks, theories, and practices to resolve the challenging issues associated with leveraging IoT technologies, data-driven analytics, AI-aided models, IoT cybersecurity, 5G, sensors, and augmented and virtual reality techniques for developing smart systems in the era of Industrial Revolution 4.0.

Behavioral Finance in the Digital Era

Author : Elżbieta Kubińska,Magdalena Adamczyk-Kowalczuk,Anna Macko
Publisher : Taylor & Francis
Page : 206 pages
File Size : 45,9 Mb
Release : 2023-12-18
Category : Business & Economics
ISBN : 9781003856061

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Behavioral Finance in the Digital Era by Elżbieta Kubińska,Magdalena Adamczyk-Kowalczuk,Anna Macko Pdf

Due to swift technological changes and the resultant digital revolution, a wide range of new digital financial products and services have emerged in the financial markets, as witnessed in the context of the fintech sector, the economics of blockchain and NFT issuance. This book takes an in-depth look at the challenges faced by individuals who make investment decisions in a rapidly changing financial world and presents a concise and thorough overview of the multifaceted approach to investment and savings behavior. It explores behavioral digital finance, referencing the latest theories in economic psychology and financial markets and provides an analysis of the process of saving and investing in the context of our new digital reality, where an understanding of human–AI interaction and its benefits and threats is extremely important. It combines an accessible overview of classical and new behavioral theories, models of financial decision making as well as an analysis of the new trends in financial decision making. Special attention is given to financial decision support systems and the role of financial advice services, which are of growing importance, due to their increasing complexity and difficulty. The book combines theoretical considerations and wide-reaching empirical analyses from a representative sample of international respondents. It deals with the individual approach to human risk-taking, and human–AI interaction and its benefits and threats. The book explores how people react to algorithms, what drives algorithm aversion and appreciation, and how understanding of those mechanisms can be employed to improve financial advisory systems and also considers the impact of the Covid-19 pandemic on financial behavior. Chapter 4 of this book is freely available as a downloadable Open Access PDF at www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 International license.

Imaging and Assessing Mobile Technology for Development

Author : Richard Musabe,John Sören Pettersson
Publisher : Cambridge Scholars Publishing
Page : 204 pages
File Size : 51,7 Mb
Release : 2024-04-08
Category : Social Science
ISBN : 9781036402594

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Imaging and Assessing Mobile Technology for Development by Richard Musabe,John Sören Pettersson Pdf

Imaging and assessing mobile technology for development (M4D) means understanding the use of appropriate technologies and services, and how they directly or indirectly address socio-economic challenges. This book adopts various perspectives to identify the obstacles to affordable digital technologies in order to enable, enhance, and effect development. The book plays on the tension between success reports and optimistic projections, on one hand, and empirical evidence of technological belly splash, on the other hand. The areas covered include infusion of service education in computing education, the Rwandan establishment of African Centres of Excellence to promote the development of appropriate technology, the metaverse’s realisation in a mobile network-enabled “metaversity”, and difficulties detected when evaluating digitisation of distance learning, students’ security awareness, dissemination of agricultural information, and mobile payment. The decolonisation of community-based media and attempts to step outside the mobile network and Internet are also covered.

Cybersecurity Readiness

Author : Dave Chatterjee
Publisher : SAGE Publications
Page : 248 pages
File Size : 53,5 Mb
Release : 2021-02-09
Category : Business & Economics
ISBN : 9781071837351

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Cybersecurity Readiness by Dave Chatterjee Pdf

"Information security has become an important and critical component of every organization. In his book, Professor Chatterjee explains the challenges that organizations experience to protect information assets. The book sheds light on different aspects of cybersecurity including a history and impact of the most recent security breaches, as well as the strategic and leadership components that help build strong cybersecurity programs. This book helps bridge the gap between academia and practice and provides important insights that may help professionals in every industry." Mauricio Angee, Chief Information Security Officer, GenesisCare USA, Fort Myers, Florida, USA "This book by Dave Chatterjee is by far the most comprehensive book on cybersecurity management. Cybersecurity is on top of the minds of board members, CEOs, and CIOs as they strive to protect their employees and intellectual property. This book is a must-read for CIOs and CISOs to build a robust cybersecurity program for their organizations." Vidhya Belapure, Chief Information Officer, Huber Engineered Materials & CP Kelco, Marietta, Georgia, USA Cybersecurity has traditionally been the purview of information technology professionals, who possess specialized knowledge and speak a language that few outside of their department can understand. In our current corporate landscape, however, cybersecurity awareness must be an organization-wide management competency in order to mitigate major threats to an organization’s well-being—and be prepared to act if the worst happens. With rapidly expanding attacks and evolving methods of attack, organizations are in a perpetual state of breach and have to deal with this existential threat head-on. Cybersecurity preparedness is a critical and distinctive competency, and this book is intended to help students and practitioners develop and enhance this capability, as individuals continue to be both the strongest and weakest links in a cyber defense system. In addition to providing the non-specialist with a jargon-free overview of cybersecurity threats, Dr. Chatterjee focuses most of the book on developing a practical and easy-to-comprehend management framework and success factors that will help leaders assess cybersecurity risks, address organizational weaknesses, and build a collaborative culture that is informed and responsive. Through brief case studies, literature review, and practical tools, he creates a manual for the student and professional alike to put into practice essential skills for any workplace.

Countering Cyber Threats to Financial Institutions

Author : Pierre-Luc Pomerleau,David L. Lowery
Publisher : Springer Nature
Page : 224 pages
File Size : 55,5 Mb
Release : 2020-08-29
Category : Business & Economics
ISBN : 9783030540548

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Countering Cyber Threats to Financial Institutions by Pierre-Luc Pomerleau,David L. Lowery Pdf

Exploring the negative social impact of cyber-attacks, this book takes a closer look at the challenges faced by both the public and private sectors of the financial industry. It is widely known amongst senior executives in both sectors that cybercrime poses a real threat, however effective collaboration between individual financial institutions and the public sector into detecting, monitoring and responding to cyber-attacks remains limited. Addressing this problem, the authors present the results from a series of interviews with cybersecurity professionals based in Canada in order to better understand the potential risks and threats that financial institutions are facing in the digital age. Offering policy recommendations for improving cybersecurity protection measures within financial institutions, and enhancing the sharing of information between the public and private sector, this book is a timely and invaluable read for those researching financial services, cybercrime and risk management, as well as finance professionals interested in cybersecurity.

New Solutions for Cybersecurity

Author : Howard Shrobe,David L. Shrier,Alex Pentland
Publisher : MIT Press
Page : 502 pages
File Size : 45,6 Mb
Release : 2018-01-26
Category : Computers
ISBN : 9780262535373

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New Solutions for Cybersecurity by Howard Shrobe,David L. Shrier,Alex Pentland Pdf

Experts from MIT explore recent advances in cybersecurity, bringing together management, technical, and sociological perspectives. Ongoing cyberattacks, hacks, data breaches, and privacy concerns demonstrate vividly the inadequacy of existing methods of cybersecurity and the need to develop new and better ones. This book brings together experts from across MIT to explore recent advances in cybersecurity from management, technical, and sociological perspectives. Leading researchers from MIT's Computer Science & Artificial Intelligence Lab, the MIT Media Lab, MIT Sloan School of Management, and MIT Lincoln Lab, along with their counterparts at Draper Lab, the University of Cambridge, and SRI, discuss such varied topics as a systems perspective on managing risk, the development of inherently secure hardware, and the Dark Web. The contributors suggest approaches that range from the market-driven to the theoretical, describe problems that arise in a decentralized, IoT world, and reimagine what optimal systems architecture and effective management might look like. Contributors YNadav Aharon, Yaniv Altshuler, Manuel Cebrian, Nazli Choucri, André DeHon, Ryan Ellis, Yuval Elovici, Harry Halpin, Thomas Hardjono, James Houghton, Keman Huang, Mohammad S. Jalali, Priscilla Koepke, Yang Lee, Stuart Madnick, Simon W. Moore, Katie Moussouris, Peter G. Neumann, Hamed Okhravi, Jothy Rosenberg, Hamid Salim,Michael Siegel, Diane Strong, Gregory T. Sullivan, Richard Wang, Robert N. M. Watson, Guy Zyskind An MIT Connection Science and Engineering Book