Nobody downloaded yet

Managing Information Security Risks in Global Financial Institutions - Research Proposal Example

Comments (0) Cite this document
Summary
The paper "Managing Information Security Risks in Global Financial Institutions" discusses that the study will present a brief discussion of the financial industry. The risk associated with undertaking transactions on the Internet will also be underlined…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Managing Information Security Risks in Global Financial Institutions
Read TextPreview

Extract of sample "Managing Information Security Risks in Global Financial Institutions"

Download file to see previous pages Regulatory requirements that have appeared over the last few years have complicated the risk management effort since these regulations did not stem directly from Information Security but rather from other areas interacting with IT like finances, legal etc. The information security requirements that these frameworks have is going to be researched and any attempt to assign it to the general categories of information security risks will be made, in order to facilitate an easier management
Results: “Achieving information security is extremely complicated and requires the combination of technical resources and management procedures. A specific balance needs to be achieved, which will provide the required protection to counter the various risks facing any online financial institutions and, in general, any Internet-based businesses venture. (Chaturvedi et al.)
With the passing time, the importance of information security is increasing multi-fold, especially for financial institutions. In order to respond to the increasing concerns regarding the information security the regulatory bodies, all over the world are preparing various regulatory initiatives and set of rules. The financial institutions are required to solve the problem at both the fronts of potential security threats and regulations regarding the information securities.
With the increasing awareness and concerns from the customers, the financial institutions are required to disclose information at a higher scale at the same time the security of information is an important concern. Most of the companies are offshoring their operations in order to reduce costs. This not only increases the concerns of the consumer but also increase the need for information provided by the financial institutions in order to open themselves up to customers and partners for revenue growth. The study will provide the suggestion of how does an organisation balance its stakeholder demands while managing the cost of security solutions to prevent IT attacks?  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Managing Information Security Risks in Global Financial Institutions Research Proposal, n.d.)
Managing Information Security Risks in Global Financial Institutions Research Proposal. Retrieved from https://studentshare.org/information-technology/1708320-managing-information-security-risks-in-global-financial-institutions
(Managing Information Security Risks in Global Financial Institutions Research Proposal)
Managing Information Security Risks in Global Financial Institutions Research Proposal. https://studentshare.org/information-technology/1708320-managing-information-security-risks-in-global-financial-institutions.
“Managing Information Security Risks in Global Financial Institutions Research Proposal”. https://studentshare.org/information-technology/1708320-managing-information-security-risks-in-global-financial-institutions.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managing Information Security Risks in Global Financial Institutions

Managing Financial Risks With Derivatives

...information for a trader who is responsible for managing the part of the financial institution's portfolio that is dependent on a particular market variable, but they are of limited use to senior management. Value at risk (VaR) is an attempt to provide a single number summarizing the total risk in a portfolio of financial assets for senior management. It has become widely used by corporate treasurers and fund managers as well as by financial institutions. Central bank regulators also use VaR in determining the capital a bank is required...
46 Pages(11500 words)Thesis

Financial Institutions

...to allow an interim bank to handle deposits until a new financial institution was able to open. This allows members to continue services as if the failure didn’t happen. It is obvious the importance behind the FDIC regarding bank failures. NO banks are designed to fail but it does happen. When banks fail, it is likely that the banks will be bought out by other companies and members can still continue transactions. The FDIC insured financial institutions ability to repay funds to members when a buyout is not available. Works Cited Dfi, Wa. "News Release - Whidbey Island Bank Purchases North County Bank." Washington State Department of Financial...
4 Pages(1000 words)Research Paper

Management Risks in Financial Institutions

...? The types of risks and risk management measures which are needed in a financial Overview and introduction Recently, there have been several major losses to some of the giant financial institutions and banks due to several reasons such as interest rates and credit exposure. Risk is basically the possibility of a negative outcome from taking an action or decision and a lot of banks and financial institutions need risk management in order to minimize their risks. Risk is always going to be present in a financial institution and the higher the risk, the higher the return that the institution gets. Basically, risk and return are related in the same direction. A minor example of this would be a bank charging different interest rates... on...
8 Pages(2000 words)Essay

Managing information risk and security

...?Topic of the Table of Contents Introduction …………………………………………………………………2 Risk and Actual Breach of Security………………………………………... 4 Cases of Cybercrimes ………………………………………………………4 Risks management and disaster recovery processes ………………………..6 Individuating Protection Motivation and Mandatory Responses ……………9 Management: Security and Control ………………………………………..15 Conclusion …………………………………………………………………18 Introduction Information technology and systems have provided companies and organization such exceptional innovation in data and information management deemed essential for organizational capacity...
17 Pages(4250 words)Essay

Managing Financial Risks Within Event Industry

...positions, and even permanent closures due to the unpredictable and risky aspects of the industry (Raj, & Musgrave, 2009). The element of risk arises due to multiple factors including hostile operating environments, rising costs of logistics, changing preferences of the clients, and adverse regulatory practices (Pelham, 2011). In order to shield themselves against the adverse effects of the global markets, many players in the industry have devised various financial management strategies that range from cost-cutting measures to enhancement of the efficiency of processes within the industry. Some of the financial management strategies have...
12 Pages(3000 words)Essay

Information Security Risks

...Running head: Managing information security risks in global financial s Managing information security risks in global financial institutions [Writer's Name] [Institution's Name] 1-abstract: Objective: The research objectives are the identification of the information security threat to contemporary global financial organisations. This is a multi-layered threat that can have both direct (e.g. operational) and indirect (e.g. reputed) impact. This analysis can bring into light the significance of the establishment of a management framework. An analysis and comparison of the existing framework and potential synergies will follow, in order to showcase what are the tools readily available for corporations to use... ...
8 Pages(2000 words)Essay

Managing information security risks in global financial institutions

...CURRENT STATUS OF INFORMATION SECURITY IN FINANCIAL S AND METHODS OF IMPROVISATION Information Technology is an evolution within an evolution. Information technology has set new trends in the generation of computers. This Trend has imbibed various technologies that improvise the life style and business aspects of every individual in accordance with technology. There is a darker facet to this technology known as Information Security Risk. The dissertation looks forward to answer the numerous issues associated with the Information Security risk and also...
60 Pages(15000 words)Essay

Managing information and financial resources

...Managing Information and Financial Resources Introduction Two tasks have been undertaken in this write up. Under the Task I, the financial mentsof Astra Zeneca have been analyzed in order to assess the performance of the company under the categories of profitability, liquidity, gearing and investments. For this purpose the financial tool of ratio analysis have been used to assess the performance of the company for the year 2008 in comparison with its performance in 2007. Ratios are calculated in the annexure attached to the write up. Under Task II of the write up the limitations and other shortcomings of ratio analyses as a financial...
4 Pages(1000 words)Essay

MANAGING FINANCIAL INFORMATION ( part 2 )

...for the prospects of growth and the ability of further development. The major competitors with which the company has been compared are J Sainsbury Plc, Morrisons and Marks and Spencer. Income Statement The company secured net revenue of £60,931million for the 2011 financial year end. The revenue grew from £56,910 million as the company showed a growth in revenue of over 7% for this particular year. The gross profit of the company also increased from £4,607 million to £5,060 million indicating a growth in the gross profit of 9.8% compared to last year where the growth in the gross profit was marginally over 10%. The following chart sheds light on the growth in revenue and gross profit of the company for...
8 Pages(2000 words)Essay

Managing Financial and Information Resources

...MANAGING FINANCIAL AND INFORMATION RESOURCES (ACCT 10011) By of the of the School City Date Question (1) Template for Question (1) Requirement (1) Ratio Calculation for 2013 2013 Calculation for 2012 2012 Calculation for 2011 2011 Profitability Ratios ROCE Operating profit / Total capital = 333/1658 20.08% Operating profit / Total capital = 220/1232 17.86% Operating profit / Total capital = 192/1143 16.80% ROE Profit after tax / Equity capital = £201/823 24.42% Profit after tax / Equity capital = 101/556 18.17% Profit after tax / Equity capital = 89/505 17.62% GP% Gross profit / Sales = 835/1319 63.31% Gross profit / Sales = 410/702 58.40% Gross profit / Sales =...
4 Pages(1000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Proposal on topic Managing Information Security Risks in Global Financial Institutions for FREE!

Contact Us