Understanding Cybersecurity Management in FinTech: Challenges, Strategies, and Trends

This book provides an in-depth understanding of cybersecurity management in FinTech, covering key concepts, threats, vulnerabilities, and risk management strategies. It emphasizes the importance of cybersecurity for financial institutions and offers practical recommendations to secure them from cyber-attacks.

Format: Hardback
Length: 182 pages
Publication date: 05 August 2021
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the realm of understanding cybersecurity management in the FinTech industry. It begins by providing a foundational introduction to both FinTech and cybersecurity concepts, ensuring that readers have a solid understanding of the key elements involved. The book underscores the critical importance of cybersecurity for financial institutions by highlighting recent cyber breaches, attacks, and financial losses, emphasizing the need for robust security measures.

The book then delves into the intricate world of cyber threats and adversaries, exploring how they exploit vulnerabilities in FinTech systems. It provides a comprehensive overview of different threat categories, such as malware, phishing, ransomware, and social engineering, and explains how they can target specific vulnerabilities within the industry. By focusing on threat modelling strategies, the book guides readers in identifying and mitigating potential risks associated with these threats.

Furthermore, the book explores the challenges of managing cyber risks in FinTech, emphasizing the need for a proactive and comprehensive approach. It discusses prominent threat modelling strategies, focusing on attackers, assets, and software, and addresses the complexities involved in securing financial institutions from cyber-attacks. The authors also delve into detailed cybersecurity policies and strategies that can be employed to safeguard financial institutions and provide recommendations for enhancing their overall cybersecurity posture.

Throughout the book, real-world case studies and practical examples are used to illustrate the concepts and strategies discussed, making it accessible and relevant to a wide range of professionals and stakeholders in the FinTech industry. By offering a comprehensive and insightful perspective on cybersecurity management in FinTech, this book serves as a valuable resource for anyone seeking to enhance their understanding of this critical domain.

Weight: 440g
Dimension: 158 x 242 x 18 (mm)
ISBN-13: 9783030799144
Edition number: 1st ed. 2021