Cybersecurity And Financial Stability

Download Cybersecurity And Financial Stability full books in PDF, epub, and Kindle. Read online Cybersecurity And Financial Stability ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Cyber Risk, Market Failures, and Financial Stability

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

DOWNLOAD NOW!

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

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

DOWNLOAD NOW!

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.

Cybersecurity and Financial Stability

Author : Kartik Anand
Publisher :
ISBN 13 : 9783957298768
Total Pages : pages
Book Rating : 4.2/5 (987 download)

DOWNLOAD NOW!

Book Synopsis Cybersecurity and Financial Stability by : Kartik Anand

Download or read book Cybersecurity and Financial Stability written by Kartik Anand and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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

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

DOWNLOAD NOW!

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 Risk Supervision

Author : Christopher Wilson
Publisher : International Monetary Fund
ISBN 13 : 151351525X
Total Pages : 55 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Cybersecurity Risk Supervision by : Christopher Wilson

Download or read book Cybersecurity Risk Supervision written by Christopher Wilson and published by International Monetary Fund. This book was released on 2019-09-24 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights the emerging supervisory practices that contribute to effective cybersecurity risk supervision, with an emphasis on how these practices can be adopted by those agencies that are at an early stage of developing a supervisory approach to strengthen cyber resilience. Financial sector supervisory authorities the world over are working to establish and implement a framework for cyber risk supervision. Cyber risk often stems from malicious intent, and a successful cyber attack—unlike most other sources of risk—can shut down a supervised firm immediately and lead to systemwide disruptions and failures. The probability of attack has increased as financial systems have become more reliant on information and communication technologies and as threats have continued to evolve.

Mexico

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Mexico by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Mexico written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2022-11-10 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico’s financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, internet and mobile banking users in Mexico have increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial system, and beyond, make Mexico vulnerable to evolving cyber threats. Thus, the Financial System Stability Council (CESF) has recognized cyber as a risk with potential to impact financial stability.

Sweden

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Sweden by : International Monetary

Download or read book Sweden written by International Monetary and published by International Monetary Fund. This book was released on 2023-04-05 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sweden: Financial Sector Assessment Program-Technical Note on Cybersecurity Risk Supervision and Oversight

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Author : El Bachir Boukherouaa
Publisher : International Monetary Fund
ISBN 13 : 1589063953
Total Pages : 35 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!

Book Synopsis Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance by : El Bachir Boukherouaa

Download or read book Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Central Bank Risk Management, Fintech, and Cybersecurity

Author : Mr. Ashraf Khan
Publisher : International Monetary Fund
ISBN 13 : 1513582348
Total Pages : 75 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Central Bank Risk Management, Fintech, and Cybersecurity by : Mr. Ashraf Khan

Download or read book Central Bank Risk Management, Fintech, and Cybersecurity written by Mr. Ashraf Khan and published by International Monetary Fund. This book was released on 2021-04-23 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions

Author : Ms.Inutu Lukonga
Publisher : International Monetary Fund
ISBN 13 : 1484376544
Total Pages : 51 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions by : Ms.Inutu Lukonga

Download or read book Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions written by Ms.Inutu Lukonga and published by International Monetary Fund. This book was released on 2018-09-11 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.

South Africa: Financial Sector Assessment Program-Technical Note on Cybersecurity Risk Supervision and Oversight

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis South Africa: Financial Sector Assessment Program-Technical Note on Cybersecurity Risk Supervision and Oversight by : International Monetary

Download or read book South Africa: Financial Sector Assessment Program-Technical Note on Cybersecurity Risk Supervision and Oversight written by International Monetary and published by International Monetary Fund. This book was released on 2022-06-17 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cybersecurity risk continues to grow both in complexity and severity and is a function of an increasingly open and interconnected cyber and financial ecosystem. The South African financial system has a long history of incorporating technology and as for many financial systems across the globe, digitalization has become a strategic priority. For risk management to keep pace with the dynamic nature of cyber threats and threat agents, systemically important financial institutions (SIFIs) have made substantial investments in cyber resilience programs (e.g., establishing cyber strategies, frameworks, and governance structures). Consistent with many jurisdictions, and partly a result of widespread remote working arrangements implemented in response to the global pandemic, cybersecurity threats to financial stability increased. However, high standards of risk management meant threats did not materialize into significant losses and/or disruptions.

Japan

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Japan by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Japan written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2024-05-13 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan’s financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, the pace of digitalization in Japan has increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial system, and beyond, make Japan vulnerable to evolving cyber threats. The Financial Services Agency (FSA) and Bank of Japan (BOJ) have made progress in enhancing the cyber resilience of the financial sector, but further work and enhancements are needed.

Cyber Risk Surveillance: A Case Study of Singapore

Author : Joseph Goh
Publisher : International Monetary Fund
ISBN 13 : 1513526316
Total Pages : 31 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Cyber Risk Surveillance: A Case Study of Singapore by : Joseph Goh

Download or read book Cyber Risk Surveillance: A Case Study of Singapore written by Joseph Goh and published by International Monetary Fund. This book was released on 2020-02-10 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It is therefore important to integrate it into financial sector surveillance. This paper offers a range of analytical approaches to assess and monitor cyber risk to the financial sector, including various approaches to stress testing. The paper illustrates these techniques by applying them to Singapore. As an advanced economy with a complex financial system and rapid adoption of fintech, Singapore serves as a good case study. We place our results in the context of recent cybersecurity developments in the public and private sectors, which can be a reference for surveillance work.

At the Nexus of Cybersecurity and Public Policy

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

DOWNLOAD NOW!

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.

Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech

Author : Boitan, Iustina Alina
Publisher : IGI Global
ISBN 13 : 1799843912
Total Pages : 313 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech by : Boitan, Iustina Alina

Download or read book Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech written by Boitan, Iustina Alina and published by IGI Global. This book was released on 2020-09-11 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the emergence of innovative technologies, various professional fields are transforming their traditional business practices. Specifically, the financial and legal markets are experiencing this digital transformation as professionals and researchers are finding ways to improve efficiency, personalization, and security in these economic sectors. Significant research is needed to keep pace with the continuous advancements that are taking place in finance. Fostering Innovation and Competitiveness with FinTech, RegTech, and SupTech provides emerging research exploring the theoretical and practical aspects of technologically innovative mechanisms and applications within the financial, economic, and legal markets. Featuring coverage on a broad range of topics such as crowdfunding platforms, crypto-assets, and blockchain technology, this book is ideally designed for researchers, economists, practitioners, policymakers, analysts, managers, executives, educators, and students seeking current research on the strategic role of technology in the future development of financial and economic activity.

Digital Transformation, Strategic Resilience, Cyber Security and Risk Management

Author : Simon Grima
Publisher : Emerald Group Publishing
ISBN 13 : 1804552534
Total Pages : 297 pages
Book Rating : 4.8/5 (45 download)

DOWNLOAD NOW!

Book Synopsis Digital Transformation, Strategic Resilience, Cyber Security and Risk Management by : Simon Grima

Download or read book Digital Transformation, Strategic Resilience, Cyber Security and Risk Management written by Simon Grima and published by Emerald Group Publishing. This book was released on 2023-09-28 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance.

Cyber Mercenaries

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

DOWNLOAD NOW!

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.