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The cyber arms race: How can CISOs win?

Author

Listed:
  • Weston, Mark

    (71-75 Shelton St)

  • Kashyap, Rajan

    (53-54 Grosvenor St)

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.

Suggested Citation

  • Weston, Mark & Kashyap, Rajan, 2021. "The cyber arms race: How can CISOs win?," Journal of Digital Banking, Henry Stewart Publications, vol. 6(1), pages 83-95, June.
  • Handle: RePEc:aza:jdb000:y:2021:v:6:i:1:p:83-95
    as

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    More about this item

    Keywords

    cybersecurity; regulatory compliance; Blockchain; CISO; AI/ML; cyberattacks; IoT; security; banking; cyber maturity;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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