The cyber arms race: How can CISOs win?
Mark Weston and
Rajan Kashyap
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Mark Weston: 71-75 Shelton St
Rajan Kashyap: 53-54 Grosvenor St
Journal of Digital Banking, 2021, vol. 6, issue 1, 83-95
Abstract:
This paper discusses the trends in cybersecurity, especially in banking and financial services. Senior executives are concerned about the increasing attack vector with an exponential increase in the number of devices and its impact on their organisations’ security. A structured approach is needed to be only just security compliant but ahead of the curve. The paper presents a new approach and framework within which to govern cyber in three main areas: foundational, proactive and futuristic. It also lays out what it is to be a cyber leader, how to free up time to take the proactive measures that are necessary right now and to remain alert to futuristic threats.
Keywords: cybersecurity; regulatory compliance; Blockchain; CISO; AI/ML; cyberattacks; IoT; security; banking; cyber maturity (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jdb000:y:2021:v:6:i:1:p:83-95
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