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Managing Cyber Risk in the Financial Sector

Lessons from Asia, Europe and the USA

Ruth Taplin

$305

Hardback

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English
Routledge
26 January 2016
Cyber risk has become increasingly reported as a major problem for financial sector businesses. It takes many forms including fraud for purely monetary gain, hacking by people hostile to a company causing business interruption or damage to reputation, theft by criminals or malicious individuals of the very large amounts of customer information (“big data”) held by many companies, misuse including accidental misuse or lack of use of such data, loss of key intellectual property, and the theft of health and medical data which can have a profound effect on the insurance sector. This book assesses the major cyber risks to businesses and discusses how they can be managed and the risks reduced. It includes case studies of the situation in different financial sectors and countries in relation to East Asia, Europe and the United States. It takes an interdisciplinary approach assessing cyber risks and management solutions from an economic, management risk, legal, security intelligence, insurance, banking and cultural perspective.

Edited by:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 18mm
Weight:   408g
ISBN:   9781138935464
ISBN 10:   1138935468
Series:   Routledge Studies in the Growth Economies of Asia
Pages:   194
Publication Date:  
Audience:   Professional and scholarly ,  College/higher education ,  Undergraduate ,  Further / Higher Education
Format:   Hardback
Publisher's Status:   Active
Foreword 1. Risk Management and Cyber Risk in the Financial Services Sectors : an Overview 2. A taxonomy of cyber crime in the financial sector: a comprehensive approach to countermeasures 3. Big Data Analytic Tooling and Cyber Risk Management 4. Cyber Risk and Managing Risk in the United States 5. Cyber Security of Financial Sectors in Japan, South Korea and China 6. Medical Big Data – cyber risk/crime in the financial services 7. Cyber Risk and Data Protection in Polish Financial Sectors 8. Dealing with Cyber Risk in Japanese Financial Institutions

Ruth Taplin is Director of the Centre for Japanese and East Asian Studies, London, UK, Editor of the Interdisciplinary Journal of Economics and Business Law (www.ijebl.co.uk) and a Featured Author of Routledge.

Reviews for Managing Cyber Risk in the Financial Sector: Lessons from Asia, Europe and the USA

Prof Taplin and her collaborators have combined to produce a terrific backgrounder for everyone dealing with this inescapable challenge to individual and corporate daily activity and their rights, and to all in financial and insurance markets. James Brewer - allaboutshipping.com (http://www.allaboutshipping.co.uk/2016/02/23/managing-cyber-risk-in-the-financial-sector/) Helen Dalziel, senior marketing services executive at the IUA, chaired the meeting. She said there had been a huge response to the invitation to attend Prof Taplin's talk. The subject was increasingly important to UK businesses, policy-makers and insurers. James Brewer reviewing IUA market briefing by Prof Ruth Taplin (http://www.allaboutshipping.co.uk/2016/03/18/insurance-industry-must-learn-from-global-markets-to-meet-challenge-of-huge-rise-in-cyber-risk/)


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