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Countering Cyber Threats to Financial Institutions

Countering Cyber Threats to Financial Institutions
Author: Pierre-Luc Pomerleau
Publisher: Springer Nature
Total Pages: 224
Release: 2020-08-29
Genre: Business & Economics
ISBN: 3030540545

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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.


Fixing American Cybersecurity

Fixing American Cybersecurity
Author: Larry Clinton
Publisher: Georgetown University Press
Total Pages: 292
Release: 2023
Genre: Computer crimes
ISBN: 1647121507

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"Incentivizing Cybersecurity goes beyond books that simply describe cybersecurity technology or law to provide a coherent and comprehensive explanation of why we are making so little progress in addressing the threat, and it lays out a specific path to address the threat in a new, more effective fashion. The book calls for a new market-based "social contract" between the public and private sectors. Since virtually every aspect of modern life is dependent on these cyber systems, cybersecurity is everybody's issue. It should be required reading for both industry and government leaders, as well as cybersecurity practitioners. The book is a collaborative effort of the Board of Directors of the Internet Security Alliance. Each author is a recognized expert in cybersecurity typically with substantial frontline responsibility for addressing the most sophisticated cyber attackers. Taken together, these authors bring elite-level cybersecurity expertise into one coherent volume"--


Fixing American Cybersecurity

Fixing American Cybersecurity
Author: Larry Clinton
Publisher: Georgetown University Press
Total Pages: 292
Release: 2023-02-01
Genre: Business & Economics
ISBN: 1647121515

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Advocates a cybersecurity “social contract” between government and business in seven key economic sectors Cybersecurity vulnerabilities in the United States are extensive, affecting everything from national security and democratic elections to critical infrastructure and economy. In the past decade, the number of cyberattacks against American targets has increased exponentially, and their impact has been more costly than ever before. A successful cyber-defense can only be mounted with the cooperation of both the government and the private sector, and only when individual corporate leaders integrate cybersecurity strategy throughout their organizations. A collaborative effort of the Board of Directors of the Internet Security Alliance, Fixing American Cybersecurity is divided into two parts. Part One analyzes why the US approach to cybersecurity has been inadequate and ineffective for decades and shows how it must be transformed to counter the heightened systemic risks that the nation faces today. Part Two explains in detail the cybersecurity strategies that should be pursued by each major sector of the American economy: health, defense, financial services, utilities and energy, retail, telecommunications, and information technology. Fixing American Cybersecurity will benefit industry leaders, policymakers, and business students. This book is essential reading to prepare for the future of American cybersecurity.


Routledge Handbook of Private Security Studies

Routledge Handbook of Private Security Studies
Author: Rita Abrahamsen
Publisher: Routledge
Total Pages: 296
Release: 2015-10-08
Genre: History
ISBN: 1317914333

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This new Handbook offers a comprehensive overview of current research on private security and military companies, comprising essays by leading scholars from around the world. The increasing privatization of security across the globe has been the subject of much debate and controversy, inciting fears of private warfare and even the collapse of the state. This volume provides the first comprehensive overview of the range of issues raised by contemporary security privatization, offering both a survey of the numerous roles performed by private actors and an analysis of their implications and effects. Ranging from the mundane to the spectacular, from secretive intelligence gathering and neighbourhood surveillance to piracy control and warfare, this Handbook shows how private actors are involved in both domestic and international security provision and governance. It places this involvement in historical perspective, and demonstrates how the impact of security privatization goes well beyond the security field to influence diverse social, economic and political relationships and institutions. Finally, this volume analyses the evolving regulation of the global private security sector. Seeking to overcome the disciplinary boundaries that have plagued the study of private security, the Handbook promotes an interdisciplinary approach and contains contributions from a range of disciplines, including international relations, politics, criminology, law, sociology, geography and anthropology. This book will be of much interest to students of private security companies, global governance, military studies, security studies and IR in general.


Cyberspace Policy Review

Cyberspace Policy Review
Author: U. s. National Security Council
Publisher: Cosimo, Inc.
Total Pages: 80
Release: 2010-07-01
Genre: Business & Economics
ISBN: 1616402229

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"The architecture of the Nation's digital infrastructure, based largely upon the Internet, is not secure or resilient." It's a horrifying wakeup call that bluntly opens this report on one of the most serious national security and economic threats the United States-and, indeed, the world-faces in the 21st century. And it sets the stage for the national dialogue on cybersecurity it hopes to launch. Prepared by the U.S. National Security Council-which was founded by President Harry S. Truman to advise the Oval Office on national security and foreign policy-this official government account explores: the vulnerabilities of the digital infrastructure of the United States what we can do to protect it against cybercrime and cyberterrorism how to protect civil liberties and personal privacy in cyberspace why a citizenry educated about and aware of cybersecurity risks is vital the shape of the public-private partnership all these efforts will require Just as the United States took the lead in creating the open, flexible structures of the early Internet, it must now take the initiative in ensuring that our digital networks are as secure as they can be, without stifling the unprecedented freedom of opportunity and access the information revolution has afforded us all. This report is the roadmap for making that happen, and it is required reading for anyone who works or plays in the 21st-century digital world: that is, all of us.


Semi-State Actors in Cybersecurity

Semi-State Actors in Cybersecurity
Author: Florian J. Egloff
Publisher: Oxford University Press
Total Pages: 305
Release: 2022
Genre: History
ISBN: 0197579272

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Using a historical analogy as a research strategy: histories of the sea and cyberspace, comparison, and locating the analogy in time -- History of the loosely governed sea between the 16th-19th century: from the age of privateering to its abolition -- Brief history of cyberspace: origins and development of (in-)security in cyberspace -- The sea and cyberspace: comparison and analytical lines of inquiry applying the analogy to cybersecurity -- Cyber pirates and privateers: state proxies, criminals, and independent patriotic hackers -- Cyber mercantile companies conflict and cooperation.


Public and Private Governance of Cybersecurity

Public and Private Governance of Cybersecurity
Author: Tomoko Ishikawa
Publisher: Cambridge University Press
Total Pages: 287
Release: 2023-09-30
Genre: Law
ISBN: 1009374532

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Analyses the current framework of cybersecurity governance, its limitations and how private actors and geopolitical considerations shape responses to cybersecurity threats.


Critical Infrastructure Protection

Critical Infrastructure Protection
Author: U.s. Government Accountability Office
Publisher:
Total Pages: 38
Release: 2017-08-13
Genre:
ISBN: 9781974446940

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Pervasive and sustained computer-based attacks pose a potentially devastating impact to systems and operations and the critical infrastructures they support. Addressing these threats depends on effective partnerships between the government and private sector owners and operators of critical infrastructure. Federal policy, including the Department of Homeland Securitys (DHS) National Infrastructure Protection Plan, calls for a partnership model that includes public and private councils to coordinate policy and information sharing and analysis centers to gather and disseminate information on threats to physical and cyber-related infrastructure. GAO was asked to determine (1) private sector stakeholders expectations for cyber-related, public-private partnerships and to what extent these expectations are being met and (2) public sector stakeholders expectations for cyber-related, public-private partnerships and to what extent these expectations are being met. To do this, GAO conducted surveys and interviews of public and private sector officials and analyzed relevant policies and other documents.Private sector stakeholders reported that they expect their federal partners to provide usable, timely, and actionable cyber threat information and alerts; access to sensitive or classified information; a secure mechanism for sharing information; security clearances; and a single centralized government cybersecurity organization to coordinate government efforts. However, according to private sector stakeholders, federal partners are not consistently meeting these expectations. For example, less than one-third of private sector respondents reported that they were receiving actionable cyber threat information and alerts to a great or moderate extent. (See table below.) Federal partners are taking steps that may address the key expectations of the private sector, including developing new information-sharing arrangements. However, while the ongoing efforts may address the public sectors ability to meet the private sectors expectations, much work remains to fully implement improved information sharing.Private Sector Expected Services and the Extent to Which They Are MetServicesGreatly or moderately expectedGreatly or moderately receivedTimely and actionable cyber threat information98%27%Timely and actionable cyber alerts96%27%Access to actionable classified or sensitive information (such as intelligence and law enforcement information)87%16%A secure information-sharing mechanism78%21%Source: GAO analysis based on survey data of 56 private sector respondents.Public sector stakeholders reported that they expect the private sector to provide a commitment to execute plans and recommendations, timely and actionable cyber threat information and alerts, and appropriate staff and resources. Four of the five public sector councils that GAO held structured interviews with reported that their respective private sector partners are committed to executing plans and recommendations and providing timely and actionable information. However, public sector council officials stated that improvements could be made to the partnership, including improving private sector sharing of sensitive information. Some private sector stakeholders do not want to share their proprietary information with the federal government for fear of public disclosure and potential loss of market share, among other reasons.Without improvements in meeting private and public sector expectations, the partnerships will remain less than optimal, and there is a risk that owners of critical infrastructure will not have the information necessary to thwart cyber attacks that could have catastrophic effects on our nations cyber-reliant critical infrastructure.