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Countering Cyber Threats to Financial Institutions

2020-08-29 Business & Economics
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Release : 2020-08-29
Genre : Business & Economics
Kind : eBook
Book Rating : 545/5 ( reviews)

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Book Synopsis Countering Cyber Threats to Financial Institutions by : Pierre-Luc Pomerleau

Download or read book Countering Cyber Threats to Financial Institutions written by Pierre-Luc Pomerleau. This book was released on 2020-08-29. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cyber Risk and Financial Stability

2020-12-07 Business & Economics
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Release : 2020-12-07
Genre : Business & Economics
Kind : eBook
Book Rating : 293/5 ( reviews)

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Book Synopsis Cyber Risk and Financial Stability by : Frank Adelmann

Download or read book Cyber Risk and Financial Stability written by Frank Adelmann. This book was released on 2020-12-07. Available in PDF, EPUB and Kindle. Book excerpt: The ability of attackers to undermine, disrupt and disable information and communication technology systems used by financial institutions is a threat to financial stability and one that requires additional attention.

Understanding Cybersecurity Management in FinTech

2021-08-04 Business & Economics
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Release : 2021-08-04
Genre : Business & Economics
Kind : eBook
Book Rating : 158/5 ( reviews)

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Book Synopsis Understanding Cybersecurity Management in FinTech by : Gurdip Kaur

Download or read book Understanding Cybersecurity Management in FinTech written by Gurdip Kaur. This book was released on 2021-08-04. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Managing Cyber Risk in the Financial Sector

2016-01-22 Computers
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Release : 2016-01-22
Genre : Computers
Kind : eBook
Book Rating : 656/5 ( reviews)

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Book Synopsis Managing Cyber Risk in the Financial Sector by : Ruth Taplin

Download or read book Managing Cyber Risk in the Financial Sector written by Ruth Taplin. This book was released on 2016-01-22. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk has become increasingly reported as a major problem for financial sector businesses. It takes many forms including fraud for purely monetary gain, hacking by people hostile to a company causing business interruption or damage to reputation, theft by criminals or malicious individuals of the very large amounts of customer information (“big data”) held by many companies, misuse including accidental misuse or lack of use of such data, loss of key intellectual property, and the theft of health and medical data which can have a profound effect on the insurance sector. This book assesses the major cyber risks to businesses and discusses how they can be managed and the risks reduced. It includes case studies of the situation in different financial sectors and countries in relation to East Asia, Europe and the United States. It takes an interdisciplinary approach assessing cyber risks and management solutions from an economic, management risk, legal, security intelligence, insurance, banking and cultural perspective.

Forces Shaping the Cyber Threat Landscape for Financial Institutions

2017
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Release : 2017
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Forces Shaping the Cyber Threat Landscape for Financial Institutions by : William Carter

Download or read book Forces Shaping the Cyber Threat Landscape for Financial Institutions written by William Carter. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: Protecting financial networks not only requires financial institutions to improve the security of their own systems, but to change the security balance of the entire internet environment. Cyber threats to financial institutions increasingly come from insecure low-cost mobile and IoT devices outside their own networks. This requires new approaches to defense, including developing new authentication and monitoring technologies for bank networks, and supporting the development of security solutions for these new devices outside the banks' own networks. Improving cybercrime education and awareness for new internet users in the developing world and supporting efforts to build law enforcement capacity to combat cybercrime around the world is also critical. Many financial institutions recognize the growing risks of cybercrime and are investing in their cyber defenses, but as changes in the attack surface, attacker incentives, and defenses evolve, so will the threats. Understanding the forces that shape the threat landscape is essential for financial institutions to get ahead and stay ahead of their adversaries in cyberspace.

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