Book Image

Hands-On Cybersecurity for Finance

By : Dr. Erdal Ozkaya, Milad Aslaner
Book Image

Hands-On Cybersecurity for Finance

By: Dr. Erdal Ozkaya, Milad Aslaner

Overview of this book

Organizations have always been a target of cybercrime. Hands-On Cybersecurity for Finance teaches you how to successfully defend your system against common cyber threats, making sure your financial services are a step ahead in terms of security. The book begins by providing an overall description of cybersecurity, guiding you through some of the most important services and technologies currently at risk from cyber threats. Once you have familiarized yourself with the topic, you will explore specific technologies and threats based on case studies and real-life scenarios. As you progress through the chapters, you will discover vulnerabilities and bugs (including the human risk factor), gaining an expert-level view of the most recent threats. You'll then explore information on how you can achieve data and infrastructure protection. In the concluding chapters, you will cover recent and significant updates to procedures and configurations, accompanied by important details related to cybersecurity research and development in IT-based financial services. By the end of the book, you will have gained a basic understanding of the future of information security and will be able to protect financial services and their related infrastructures.
Table of Contents (20 chapters)

The Human Problem - Governance Fail

It is said that humans are the weakest links in cybersecurity. Organizations can spend lots of resources setting up a top-class cybersecurity infrastructure, but a small mistake from a user can defeat the purpose of the security infrastructure. This is why organizations need to address the human factor when implementing cybersecurity plans, but unfortunately, that is exactly what they are not doing. Executives in organizations also believe that cybersecurity is the burden of the IT department. Executives, therefore, do not approve funding for initiatives or measures intended to have all users made aware of cybersecurity risks. As a result, statistics show that humans are some of the biggest causes of the losses incurred annually due to cybersecurity risks. According to NIST, a US body that provides a cybersecurity control framework, 35% of data...