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)

Encryption challenges

Encryption, as a form of security, has been tested in several ways by hackers or people who are curious to see how different algorithms can be broken. The most commonly faced challenges are as follows:

  • Brute force: The most commonly used method to break encryption is brute force. This is where different key combinations are tried until the right key is found. Brute force is able to break most encryption algorithms but the main issue is the time that has to be taken for that to happen. Most of the encryption algorithms used today will take millions of years to break. The length of a key is also a major determinant of the time that can be taken to break it. The longer the key, the more time it can take. However, there is a limit to the key size due to limitations in computation resources. A very long key would take so much time to encrypt and decrypt that...