This fascinating December 2017 report has been professionally converted for accurate flowing-text e-book format reproduction.
Additive manufacturing (AM) has been proven to provide multiple benefits over traditional manufacturing methods including cost-savings, mission adaptability, and increased unit capabilities. Multiple Department of Defense (DOD) organizations are exploring and utilizing…
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Author : U. S. Military
Genre : Technology & Engineering
Summary : Additive manufacturing (AM) has been proven to provide multiple benefits over traditional manufacturing methods including cost-savings, mission adaptability, and increased unit capabilities. Multiple Department of Defense (DOD) organizations are exploring and utilizing AM technology, and efforts are ongoing to determine how best to achieve large-scale adoption of AM in the U.S. Navy (USN). The primary concern that must be addressed is the trustworthiness of AM objects to ensure they will not increase risks to personnel, equipment, and systems. Including cybersecurity throughout the AM life cycle is a necessary component of protecting AM data and ensuring trust in AM objects to support adoption. This thesis reviews aspects of cybersecurity domain as it is applied to AM, and discusses the insights of a survey conducted with USN, U.S. Army (USA), and U.S. Air Force (USAF) resident NPS students. The goal of the survey was to contrast current understanding of adoption of technology and cybersecurity threats in AM, with the knowledge, attitudes, and opinions that prospective users have. The thesis identifies barriers to achieve large-scale adoption of AM in the naval domain with special emphasis on cybersecurity, and proposes approaches to address those barriers and support accelerated adoption of AM. I. INTRODUCTION * A. RESEARCH DOMAIN * B. MOTIVATION FOR RESEARCH * C. RESEARCH QUESTIONS * D. SCOPE * E. THESIS CONTRIBUTION * F. THESIS STRUCTURE * II. BACKGROUND * A. BRIEF HISTORY AND EXPLANATION OF AM * 1. Benefits of AM * 2. Concerns * B. CURRENT STATE OF NAVAL AM DOMAIN * C. AM DIGITAL THREAD AND CYBERSECURITY * D. DIFFUSION OF INNOVATION * 1. Conditions for Successful Adoption * E. HUMAN ROLE IN CYBERSECURITY * III. AM CYBERSECURITY THREATS IN NAVAL DOMAIN * A. INTRODUCTION * B. DATA INPUT * C. INSIDER THREAT * D. POWER THREATS * E. CHAPTER SUMMARY * IV. USER STUDY * A. INTRODUCTION * B. STUDY DESIGN * C. METHODOLOGY * D. APPARATUS * E. SUBJECTS * F. RESULTS AND DISCUSSION * 1. Demographics * 2. Use of Technology, Exposure to Media, and Technology Influences * 3. Use of Applications, Exposure to Media and Application Influences * 4. Recreational Resources * 5. 3D Printing * 6. Adoption * 7. Cyber * G. CHAPTER SUMMARY * V. CONCLUSIONS AND RECOMMENDATIONS * A. MAIN CONCLUSIONS * 1. Layered Solutions * 2. Stand-Alone Ability * 3. Adoption Impediments * B. THESIS CONTRIBUTIONS * C. FUTURE WORK * 1. Joint AM * 2. Blockchain applicability
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Author : Paul Rohmeyer
Genre : Computers
Summary : Understand critical cybersecurity and risk perspectives, insights, and tools for the leaders of complex financial systems and markets. This book offers guidance for decision makers and helps establish a framework for communication between cyber leaders and front-line professionals. Information is provided to help in the analysis of cyber challenges and choosing between risk treatment options. Financial cybersecurity is a complex, systemic risk challenge that includes technological and operational elements. The interconnectedness of financial systems and markets creates dynamic, high-risk environments where organizational security is greatly impacted by the level of security effectiveness of partners, counterparties, and other external organizations. The result is a high-risk environment with a growing need for cooperation between enterprises that are otherwise direct competitors. There is a new normal of continuous attack pressures that produce unprecedented enterprise threats that must be met with an array of countermeasures. Financial Cybersecurity Risk Management explores a range of cybersecurity topics impacting financial enterprises. This includes the threat and vulnerability landscape confronting the financial sector, risk assessment practices and methodologies, and cybersecurity data analytics. Governance perspectives, including executive and board considerations, are analyzed as are the appropriate control measures and executive risk reporting. What You’ll Learn Analyze the threat and vulnerability landscape confronting the financial sector Implement effective technology risk assessment practices and methodologies Craft strategies to treat observed risks in financial systemsImprove the effectiveness of enterprise cybersecurity capabilities Evaluate critical aspects of cybersecurity governance, including executive and board oversight Identify significant cybersecurity operational challenges Consider the impact of the cybersecurity mission across the enterpriseLeverage cybersecurity regulatory and industry standards to help manage financial services risksUse cybersecurity scenarios to measure systemic risks in financial systems environmentsApply key experiences from actual cybersecurity events to develop more robust cybersecurity architectures Who This Book Is For Decision makers, cyber leaders, and front-line professionals, including: chief risk officers, operational risk officers, chief information security officers, chief security officers, chief information officers, enterprise risk managers, cybersecurity operations directors, technology and cybersecurity risk analysts, cybersecurity architects and engineers, and compliance officers
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Author : Anne Kohnke
Genre : Business & Economics
Summary : The Complete Guide to Cybersecurity Risks and Controls presents the fundamental concepts of information and communication technology (ICT) governance and control. In this book, you will learn how to create a working, practical control structure that will ensure the ongoing, day-to-day trustworthiness of ICT systems and data. The book explains how to establish systematic control functions and timely reporting procedures within a standard organizational framework and how to build auditable trust into the routine assurance of ICT operations. The book is based on the belief that ICT operation is a strategic governance issue rather than a technical concern. With the exponential growth of security breaches and the increasing dependency on external business partners to achieve organizational success, the effective use of ICT governance and enterprise-wide frameworks to guide the implementation of integrated security controls are critical in order to mitigate data theft. Surprisingly, many organizations do not have formal processes or policies to protect their assets from internal or external threats. The ICT governance and control process establishes a complete and correct set of managerial and technical control behaviors that ensures reliable monitoring and control of ICT operations. The body of knowledge for doing that is explained in this text. This body of knowledge process applies to all operational aspects of ICT responsibilities ranging from upper management policy making and planning, all the way down to basic technology operation.
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Author : Charles A. Shoniregun
Genre : Computers
Summary : Details the key impacts and risk assessment within the context of technology-enabled information (TEI). This volume is designed as a secondary text for graduate students, and also for a professional audience of researchers and practitioners in industry.
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Author : Kok-Boon Oh
Genre :
Summary : The motivation for writing this book is to share our knowledge, analyses, and conclusions about cybersecurity in particular and risk management in general to raise awareness among businesses, academics, and the general public about the cyber landscape changes and challenges that are occurring with emerging threats that will affect individual and corporate information security. As a result, we believe that all stakeholders should adopt a unified, coordinated, and organized approach to addressing corporate cybersecurity challenges based on a shared paradigm. There are two levels at which this book can be read. For starters, it can be read by regular individuals with little or no risk management experience. Because of the book's non-technical style, it is appropriate for this readership. The intellectual information may appear daunting at times, but we hope the reader will not be disheartened. One of the book's most notable features is that it is organized in a logical order that guides the reader through the enterprise risk management process, beginning with an introduction to risk management fundamentals and concluding with the strategic considerations that must be made to successfully implement a cyber risk management framework. Another group of readers targeted by this book is practitioners, students, academics, and regulators. We do not anticipate that everyone in this group will agree with the book's content and views. However, we hope that the knowledge and material provided will serve as a basis for them to expand on in their work or endeavors.The book comprises ten chapters. Chapter 1 is a general introduction to the theoretical concepts of risk and constructs of enterprise risk management. Chapter 2 presents the corporate risk landscape and cyber risk in terms of the characteristics and challenges of cyber threats vis-à-vis the emerging risks thereof from the perspective of a business organization. Chapter 3 presents the idea of enterprise risk management and explains the structure and functions of enterprise risk management as they relate to cybersecurity. Chapter 4 provides the cybersecurity risk management standards, which may be used to build a cybersecurity risk management framework that is based on best practices. The cyber operational risk management process begins in Chapter 5 with the introduction of the risk identification function. Chapter 6 continues with the next step of this process by presenting the risk assessment procedures for evaluating and prioritizing cyber risks. Chapter 7 explains the activities in the third step in the ORM process of risk mitigation and provides examples of the tools and techniques for addressing risk exposures. Chapter 8 presents a critical function from an operational perspective for its role in detecting risk and continual improvement of the organization's cybersecurity processes through the reporting function. Chapter 9 discusses the crisis management steps that businesses must take to respond to and recover from a cyber incident. Chapter 10 emphasizes the essential ERM components that senior management should be aware of and cultivate to create an effective cyber risk control framework by focusing on the strategic aspects of cybersecurity risk management from a business viewpoint. This chapter proposes a cybersecurity ERM framework based on the content given in this book.
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Author : Haitham M. Alzoubi
Genre : Computers
Summary : This book takes a unique approach by exploring the connection between cybersecurity, digitalization, and business intelligence. In today's digital landscape, cybersecurity is a crucial aspect of business operations. Meanwhile, organizations continue to leverage digital technologies for their day-to-day operations. They must be aware of the risks associated with cyber-attacks and implement robust cybersecurity measures to protect their assets. It provides practical insights and solutions to help businesses better understand the impact of cybersecurity on their digitalization and business intelligence strategies. It provides practical insights and solutions for implementing cybersecurity measures in organizations and covers a wide range of topics, including threat intelligence, risk management, compliance, cloud security, and IoT security. The book takes a holistic approach and explores the intersection of cybersecurity, digitalization, and business intelligence and examines the possible challenges and opportunities.
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Author : Douglas W. Hubbard
Genre : Business & Economics
Summary : A start-to-finish guide for realistically measuring cybersecurity risk In the newly revised How to Measure Anything in Cybersecurity Risk, Second Edition, a pioneering information security professional and a leader in quantitative analysis methods delivers yet another eye-opening text applying the quantitative language of risk analysis to cybersecurity. In the book, the authors demonstrate how to quantify uncertainty and shed light on how to measure seemingly intangible goals. It's a practical guide to improving risk assessment with a straightforward and simple framework. Advanced methods and detailed advice for a variety of use cases round out the book, which also includes: A new "Rapid Risk Audit" for a first quick quantitative risk assessment. New research on the real impact of reputation damage New Bayesian examples for assessing risk with little data New material on simple measurement and estimation, pseudo-random number generators, and advice on combining expert opinion Dispelling long-held beliefs and myths about information security, How to Measure Anything in Cybersecurity Risk is an essential roadmap for IT security managers, CFOs, risk and compliance professionals, and even statisticians looking for novel new ways to apply quantitative techniques to cybersecurity.
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Author : Antoine Bouveret
Genre : Computers
Summary : Cyber risk has emerged as a key threat to financial stability, following recent attacks on financial institutions. This paper presents a novel documentation of cyber risk around the world for financial institutions by analyzing the different types of cyber incidents (data breaches, fraud and business disruption) and identifying patterns using a variety of datasets. The other novel contribution that is outlined is a quantitative framework to assess cyber risk for the financial sector. The framework draws on a standard VaR type framework used to assess various types of stability risk and can be easily applied at the individual country level. The framework is applied in this paper to the available cross-country data and yields illustrative aggregated losses for the financial sector in the sample across a variety of scenarios ranging from 10 to 30 percent of net income.
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Author : Joseph Goh
Genre : Computers
Summary : Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It is therefore important to integrate it into financial sector surveillance. This paper offers a range of analytical approaches to assess and monitor cyber risk to the financial sector, including various approaches to stress testing. The paper illustrates these techniques by applying them to Singapore. As an advanced economy with a complex financial system and rapid adoption of fintech, Singapore serves as a good case study. We place our results in the context of recent cybersecurity developments in the public and private sectors, which can be a reference for surveillance work.
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Author : Mr. Ashraf Khan
Genre : Business & Economics
Summary : Based on technical assistance to central banks by the IMF’s Monetary and Capital Markets Department and Information Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank risk management. The paper draws on findings from the IMF Article IV Database, selected FSAP and country cases, and gives examples of central bank risks related to fintech and cybersecurity. The paper highlights that fintech- and cybersecurity-related risks for central banks should be addressed by operationalizing sound internal risk management by establishing and strengthening an integrated risk management approach throughout the organization, including a dedicated risk management unit, ongoing sensitizing and training of Board members and staff, clear reporting lines, assessing cyber resilience and security posture, and tying risk management into strategic planning.. Given the fast-evolving nature of such risks, central banks could make use of timely and regular inputs from external experts.