Countering Cyber Threats to Financial Institutions

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Publisher : Springer Nature
ISBN 13 : 3030540545
Total Pages : 224 pages
Book Rating : 4.0/5 (35 download)

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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 and published by Springer Nature. This book was released on 2020-08-29 with total page 224 pages. 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, Market Failures, and Financial Stability

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Publisher : International Monetary Fund
ISBN 13 : 1484314131
Total Pages : 36 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Cyber Risk, Market Failures, and Financial Stability by : Emanuel Kopp

Download or read book Cyber Risk, Market Failures, and Financial Stability written by Emanuel Kopp and published by International Monetary Fund. This book was released on 2017-08-07 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber-attacks on financial institutions and financial market infrastructures are becoming more common and more sophisticated. Risk awareness has been increasing, firms actively manage cyber risk and invest in cybersecurity, and to some extent transfer and pool their risks through cyber liability insurance policies. This paper considers the properties of cyber risk, discusses why the private market can fail to provide the socially optimal level of cybersecurity, and explore how systemic cyber risk interacts with other financial stability risks. Furthermore, this study examines the current regulatory frameworks and supervisory approaches, and identifies information asymmetries and other inefficiencies that hamper the detection and management of systemic cyber risk. The paper concludes discussing policy measures that can increase the resilience of the financial system to systemic cyber risk.

Cyber Risk and Financial Stability

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Publisher : International Monetary Fund
ISBN 13 : 1513512293
Total Pages : 32 pages
Book Rating : 4.5/5 (135 download)

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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 and published by International Monetary Fund. This book was released on 2020-12-07 with total page 32 pages. 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.

Managing Cyber Risk in the Financial Sector

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Author :
Publisher : Routledge
ISBN 13 : 1317383656
Total Pages : 194 pages
Book Rating : 4.3/5 (173 download)

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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 and published by Routledge. This book was released on 2016-01-22 with total page 194 pages. 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.

Cyber Risk for the Financial Sector: A Framework for Quantitative Assessment

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484360753
Total Pages : 29 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Cyber Risk for the Financial Sector: A Framework for Quantitative Assessment by : Antoine Bouveret

Download or read book Cyber Risk for the Financial Sector: A Framework for Quantitative Assessment written by Antoine Bouveret and published by International Monetary Fund. This book was released on 2018-06-22 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk has emerged as a key threat to financial stability, following recent attacks on financial institutions. This paper presents a novel documentation of cyber risk around the world for financial institutions by analyzing the different types of cyber incidents (data breaches, fraud and business disruption) and identifying patterns using a variety of datasets. The other novel contribution that is outlined is a quantitative framework to assess cyber risk for the financial sector. The framework draws on a standard VaR type framework used to assess various types of stability risk and can be easily applied at the individual country level. The framework is applied in this paper to the available cross-country data and yields illustrative aggregated losses for the financial sector in the sample across a variety of scenarios ranging from 10 to 30 percent of net income.

Cybersecurity in Elections

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Author :
Publisher : International Institute for Democracy and Electoral Assistance (International IDEA)
ISBN 13 : 9176712559
Total Pages : 100 pages
Book Rating : 4.1/5 (767 download)

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Book Synopsis Cybersecurity in Elections by : Sam van der Staak

Download or read book Cybersecurity in Elections written by Sam van der Staak and published by International Institute for Democracy and Electoral Assistance (International IDEA). This book was released on 2019-07-19 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information and communication technologies are increasingly prevalent in electoral management and democratic processes, even for countries without any form of electronic voting. These technologies offer numerous new opportunities, but also new threats. Cybersecurity is currently one of the greatest electoral challenges. It involves a broad range of actors, including electoral management bodies, cybersecurity expert bodies and security agencies. Many countries have found that interagency collaboration is essential for defending elections against digital threats. In recent years significant advances have been made in organizing such collaboration at the domestic and international levels. This guide tracks how countries are making progress on improving cybersecurity in elections. Based on an extensive collection of 20 case studies from all over the world, it provides lessons for those wanting to strengthen their defences against cyberattacks.

Effective Model-Based Systems Engineering

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Publisher : Springer
ISBN 13 : 3319956698
Total Pages : 779 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Effective Model-Based Systems Engineering by : John M. Borky

Download or read book Effective Model-Based Systems Engineering written by John M. Borky and published by Springer. This book was released on 2018-09-08 with total page 779 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques.

Emerging Trends in ICT Security

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Author :
Publisher : Elsevier Inc. Chapters
ISBN 13 : 0128070641
Total Pages : 650 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Emerging Trends in ICT Security by : Leonidas Deligiannidis

Download or read book Emerging Trends in ICT Security written by Leonidas Deligiannidis and published by Elsevier Inc. Chapters. This book was released on 2013-11-06 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day, people interact with numerous computer systems, networks, and services that require the exchange of sensitive data. However, the Internet is a highly distributed system operated by many different entities and as such should not be trusted by end users. Users, whether consumers or businesses, retain no control over how their information is routed among the many networks that comprise the Internet. Therefore, there is a strong need for cryptographic protocols to authenticate, verify trust, and establish a secure channel for exchanging data. This chapter presents a series of projects and demonstrations for systems and networking professionals who want to increase their comprehension of security concepts and protocols. The material presented here is derived from existing courses taught by the authors in the areas of cryptography, network security, and wireless security.

At the Nexus of Cybersecurity and Public Policy

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Author :
Publisher : National Academies Press
ISBN 13 : 0309303214
Total Pages : 150 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis At the Nexus of Cybersecurity and Public Policy by : National Research Council

Download or read book At the Nexus of Cybersecurity and Public Policy written by National Research Council and published by National Academies Press. This book was released on 2014-06-16 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: We depend on information and information technology (IT) to make many of our day-to-day tasks easier and more convenient. Computers play key roles in transportation, health care, banking, and energy. Businesses use IT for payroll and accounting, inventory and sales, and research and development. Modern military forces use weapons that are increasingly coordinated through computer-based networks. Cybersecurity is vital to protecting all of these functions. Cyberspace is vulnerable to a broad spectrum of hackers, criminals, terrorists, and state actors. Working in cyberspace, these malevolent actors can steal money, intellectual property, or classified information; impersonate law-abiding parties for their own purposes; damage important data; or deny the availability of normally accessible services. Cybersecurity issues arise because of three factors taken together - the presence of malevolent actors in cyberspace, societal reliance on IT for many important functions, and the presence of vulnerabilities in IT systems. What steps can policy makers take to protect our government, businesses, and the public from those would take advantage of system vulnerabilities? At the Nexus of Cybersecurity and Public Policy offers a wealth of information on practical measures, technical and nontechnical challenges, and potential policy responses. According to this report, cybersecurity is a never-ending battle; threats will evolve as adversaries adopt new tools and techniques to compromise security. Cybersecurity is therefore an ongoing process that needs to evolve as new threats are identified. At the Nexus of Cybersecurity and Public Policy is a call for action to make cybersecurity a public safety priority. For a number of years, the cybersecurity issue has received increasing public attention; however, most policy focus has been on the short-term costs of improving systems. In its explanation of the fundamentals of cybersecurity and the discussion of potential policy responses, this book will be a resource for policy makers, cybersecurity and IT professionals, and anyone who wants to understand threats to cyberspace.

Research Methods for Cyber Security

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Author :
Publisher : Syngress
ISBN 13 : 0128129301
Total Pages : 428 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Research Methods for Cyber Security by : Thomas W. Edgar

Download or read book Research Methods for Cyber Security written by Thomas W. Edgar and published by Syngress. This book was released on 2017-04-19 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Methods for Cyber Security teaches scientific methods for generating impactful knowledge, validating theories, and adding critical rigor to the cyber security field. This book shows how to develop a research plan, beginning by starting research with a question, then offers an introduction to the broad range of useful research methods for cyber security research: observational, mathematical, experimental, and applied. Each research method chapter concludes with recommended outlines and suggested templates for submission to peer reviewed venues. This book concludes with information on cross-cutting issues within cyber security research. Cyber security research contends with numerous unique issues, such as an extremely fast environment evolution, adversarial behavior, and the merging of natural and social science phenomena. Research Methods for Cyber Security addresses these concerns and much more by teaching readers not only the process of science in the context of cyber security research, but providing assistance in execution of research as well. Presents research methods from a cyber security science perspective Catalyzes the rigorous research necessary to propel the cyber security field forward Provides a guided method selection for the type of research being conducted, presented in the context of real-world usage

Cyber Mercenaries

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Publisher : Cambridge University Press
ISBN 13 : 1108580262
Total Pages : 267 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Cyber Mercenaries by : Tim Maurer

Download or read book Cyber Mercenaries written by Tim Maurer and published by Cambridge University Press. This book was released on 2018-01-18 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber Mercenaries explores the secretive relationships between states and hackers. As cyberspace has emerged as the new frontier for geopolitics, states have become entrepreneurial in their sponsorship, deployment, and exploitation of hackers as proxies to project power. Such modern-day mercenaries and privateers can impose significant harm undermining global security, stability, and human rights. These state-hacker relationships therefore raise important questions about the control, authority, and use of offensive cyber capabilities. While different countries pursue different models for their proxy relationships, they face the common challenge of balancing the benefits of these relationships with their costs and the potential risks of escalation. This book examines case studies in the United States, Iran, Syria, Russia, and China for the purpose of establishing a framework to better understand and manage the impact and risks of cyber proxies on global politics.

Evidence-Based Cybersecurity

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Publisher : CRC Press
ISBN 13 : 1000600939
Total Pages : 233 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Evidence-Based Cybersecurity by : Pierre-Luc Pomerleau

Download or read book Evidence-Based Cybersecurity written by Pierre-Luc Pomerleau and published by CRC Press. This book was released on 2022-06-23 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prevalence of cyber-dependent crimes and illegal activities that can only be performed using a computer, computer networks, or other forms of information communication technology has significantly increased during the last two decades in the USA and worldwide. As a result, cybersecurity scholars and practitioners have developed various tools and policies to reduce individuals' and organizations' risk of experiencing cyber-dependent crimes. However, although cybersecurity research and tools production efforts have increased substantially, very little attention has been devoted to identifying potential comprehensive interventions that consider both human and technical aspects of the local ecology within which these crimes emerge and persist. Moreover, it appears that rigorous scientific assessments of these technologies and policies "in the wild" have been dismissed in the process of encouraging innovation and marketing. Consequently, governmental organizations, public, and private companies allocate a considerable portion of their operations budgets to protecting their computer and internet infrastructures without understanding the effectiveness of various tools and policies in reducing the myriad of risks they face. Unfortunately, this practice may complicate organizational workflows and increase costs for government entities, businesses, and consumers. The success of the evidence-based approach in improving performance in a wide range of professions (for example, medicine, policing, and education) leads us to believe that an evidence-based cybersecurity approach is critical for improving cybersecurity efforts. This book seeks to explain the foundation of the evidence-based cybersecurity approach, review its relevance in the context of existing security tools and policies, and provide concrete examples of how adopting this approach could improve cybersecurity operations and guide policymakers' decision-making process. The evidence-based cybersecurity approach explained aims to support security professionals', policymakers', and individual computer users' decision-making regarding the deployment of security policies and tools by calling for rigorous scientific investigations of the effectiveness of these policies and mechanisms in achieving their goals to protect critical assets. This book illustrates how this approach provides an ideal framework for conceptualizing an interdisciplinary problem like cybersecurity because it stresses moving beyond decision-makers' political, financial, social, and personal experience backgrounds when adopting cybersecurity tools and policies. This approach is also a model in which policy decisions are made based on scientific research findings.

Science and Technology to Counter Terrorism

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Publisher : National Academies Press
ISBN 13 : 0309104998
Total Pages : 180 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Science and Technology to Counter Terrorism by : International Strategic and Security Studies Programme of the National Institute of Advanced Studies

Download or read book Science and Technology to Counter Terrorism written by International Strategic and Security Studies Programme of the National Institute of Advanced Studies and published by National Academies Press. This book was released on 2007-03-27 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the papers and summarizes the discussions of a workshop held in Goa, India, in January 2004, organized by the Indian National Institute of Advanced Science (NIAS) and the U.S. Committee on International Security and Arms Control (CISAC). During the workshop, Indian and U.S. experts examined the terrorist threat faced in both countries and elsewhere in the world, and explored opportunities for the U.S. and India to work together. Bringing together scientists and experts with common scientific and technical backgrounds from different cultures provided a unique opportunity to explore possible means of preventing or mitigating future terrorist attacks.

Threat Finance

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Publisher : CRC Press
ISBN 13 : 1317010302
Total Pages : 328 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Threat Finance by : Shima D. Keene

Download or read book Threat Finance written by Shima D. Keene and published by CRC Press. This book was released on 2016-02-24 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criminal and terrorist organisations are increasingly turning to white collar crime such as fraud, e-crime, bribery, data and identity theft, in addition to more violent activities involving kidnap and ransom, narcotics and arms trafficking, to fund their activities and, in some cases pursue their cause. The choice of victims is global and indiscriminate. The modus operandi is continually mutating and increasing in sophistication; taking advantage of weaknesses in the system whether they be technological, legal or political. Countering these sources of threat finance is a shared challenge for governments, the military, NGOs, financial institutions and other businesses that may be targeted. Shima Keene’s Threat Finance offers new thinking to equip any organisation regardless of sector and geographical location, with the knowledge and tools to deploy effective counter measures to tackle the threat. To that end, she brings together a wide variety of perspectives - cultural, legal, economic and technological - to explain the sources, mechanisms and key intervention methodologies. The current environment continues to favour the criminal and the terrorist. Threat Finance is an essential read for fraud and security practitioners, financial regulators, policy-makers, intelligence officials, judges and barristers, law enforcement officers, and researchers in this field. Dr Keene offers an antidote to the lack of good, applied, research; shortcomings in in-house financial and forensic expertise; misdirected financial compliance schemes; legal and judicial idiosyncrasies; unhelpful organisation structures and poor communication. She argues convincingly for a coherent, aggressive, informed and cross-disciplinary approach to an ever changing and rapidly growing threat.

Assessing Cyber Security

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Author :
Publisher : The Hague Centre for Strategic Studies
ISBN 13 : 9492102129
Total Pages : 102 pages
Book Rating : 4.4/5 (921 download)

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Book Synopsis Assessing Cyber Security by : Maarten Gehem

Download or read book Assessing Cyber Security written by Maarten Gehem and published by The Hague Centre for Strategic Studies. This book was released on 2015-04-16 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the years, a plethora of reports has emerged that assess the causes, dynamics, and effects of cyber threats. This proliferation of reports is an important sign of the increasing prominence of cyber attacks for organizations, both public and private, and citizens all over the world. In addition, cyber attacks are drawing more and more attention in the media. Such efforts can help to better awareness and understanding of cyber threats and pave the way to improved prevention, mitigation, and resilience. This report aims to help in this task by assessing what we know about cyber security threats based on a review of 70 studies published by public authorities, companies, and research organizations from about 15 countries over the last few years. It answers the following questions: what do we know about the number, origin, and impact of cyber attacks? What are the current and emerging cyber security trends? And how well are we prepared to face these threats?

Cybersecurity in Poland

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Author :
Publisher : Springer Nature
ISBN 13 : 3030785513
Total Pages : 506 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Cybersecurity in Poland by : Katarzyna Chałubińska-Jentkiewicz

Download or read book Cybersecurity in Poland written by Katarzyna Chałubińska-Jentkiewicz and published by Springer Nature. This book was released on 2022 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the legal aspects of cybersecurity in Poland. The authors are not limited to the framework created by the NCSA (National Cybersecurity System Act - this act was the first attempt to create a legal regulation of cybersecurity and, in addition, has implemented the provisions of the NIS Directive) but may discuss a number of other issues. The book presents international and EU regulations in the field of cybersecurity and issues pertinent to combating cybercrime and cyberterrorism. Moreover, regulations concerning cybercrime in a few select European countries are presented in addition to the problem of collision of state actions in ensuring cybersecurity and human rights. The advantages of the book include a comprehensive and synthetic approach to the issues related to the cybersecurity system of the Republic of Poland, a research perspective that takes as the basic level of analysis issues related to the security of the state and citizens, and the analysis of additional issues related to cybersecurity, such as cybercrime, cyberterrorism, and the problem of collision between states ensuring security cybernetics and human rights. The book targets a wide range of readers, especially scientists and researchers, members of legislative bodies, practitioners (especially judges, prosecutors, lawyers, law enforcement officials), experts in the field of IT security, and officials of public authorities. Most authors are scholars and researchers at the War Studies University in Warsaw. Some of them work at the Academic Centre for Cybersecurity Policy - a thinktank created by the Ministry of National Defence of the Republic of Poland. .

Computers at Risk

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Author :
Publisher : National Academies Press
ISBN 13 : 0309043883
Total Pages : 320 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Computers at Risk by : National Research Council

Download or read book Computers at Risk written by National Research Council and published by National Academies Press. This book was released on 1990-02-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy.