A strategic approach to cyber security risk reduction for FX in the cloud using people, processes and technology

Rupert Lee-Browne
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Rupert Lee-Browne: Caxton, Portland House, Bressenden Place

Cyber Security: A Peer-Reviewed Journal, 2019, vol. 3, issue 2, 124-133

Abstract: This paper examines the need for a holistic approach to organisational cyber security. It looks to compare and contrast the benefits of a remote cloud-based strategy versus an in-house self-managed solution. The paper identifies the different threats and levels of risk that organisations and their customers face on a daily basis. In addition, the paper addresses several individual elements that need taking into consideration when developing a company-wide cyber security strategy, including education, training and processes, as well as developing a top-down company culture where best practice in security is a shared organisational goal.

Keywords: cyber security; risk management; foreign exchange; security; payments; data protection; GDPR (search for similar items in EconPapers)
JEL-codes: M15 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aza:csj000:y:2019:v:3:i:2:p:124-133

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