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)

Summary

This chapter has looked at a number of human factors that have impacted cybersecurity. It has discussed the current statistics of the attacks and losses that are directly attributable to human factors. The chapter has looked at the debate by executives as they decide between business and cybersecurity. Some executives see it as a waste of resources to draw money from the organization and use them on cybersecurity products. Cybersecurity is expensive and not all organizations are willing to pour out the required resources especially with other competing priorities that seem to be profitable. As a result, the organization is not well secured due to such choices, making it easy to hack. In the end, the losses the organization incurs supersede the costs of installing the cybersecurity products or training employees in the first place. The paper has also examined the issue...