5 research outputs found
Cybersecurity Regulation in the Financial Sector: Reflexive Risk Management in the UK, USA and Nigeria
Ph. D. ThesisThe consistent increase in the scale and forms of cyber threats, alongside the growth in use and
global uptake of communications technologies, has made risk management a core function of
21st century service providers. This has necessitated the proactive mitigation of cyber threats
and the integration of frameworks, policies and regulations that ensure the security of financial
transactions. Exploring reflexivity as a mechanism for informing adaptive and resilient
cybersecurity risk management practices, this thesis examines structures of coexistence
between criminal justice and self-regulatory responses, multiple cycles of reflexive processes
of self-examination, participation, communication, and revisions to influence future practices
in ever evolving risk and policy landscapes. This thesis evaluates the review, identification, and
control dimensions of cybersecurity risk management frameworks, analyses self-regulatory
cybersecurity standards and specific cybersecurity legal frameworks applicable to financial
institutions in the UK, US, and Nigeria, which can be implemented and/or remodelled to
enhance the effectiveness of cybersecurity risk regulation.
It observes that while effective cybersecurity risk regulation across the financial
institutions is being hampered by factors such as cherry-picked laws, unclear mandates, and a
lack of coordination between public and private stakeholders, strong implementation and
enforcement structures may be facilitated by initiatives directed at networked governance and
institutional arrangements involving a shared understanding of cyber threats and decision making processes. This thesis highlights the link between reflexivity and governance for
learning in financial institutions, arguing that reflexivity will always not deliver learning, in the
absence of good institutional structures of governance. Employing realist and constructivist risk
theories and secondary analysis of qualitative data obtained from government and non government agencies to inform practices and steer regulatory policy decisions, this thesis
identifies measures to enhance effective cybersecurity risk regulation in financial institutions
and addresses possible challenges to reflexivity in cybersecurity risk regulation
Microgravity science & applications. Program tasks and bibliography for FY 1995
This annual report includes research projects funded by the Office of Life and Microgravity Sciences and Applications, Microgravity Science and Applications Division, during FY 1994. It is a compilation of program tasks (objective, description, significance, progress, students funded under research, and bibliographic citations) for flight research and ground based research in five major scientific disciplines: benchmark science, biotechnology, combustion science, fluid physics, and materials science. Advanced technology development (ATD) program task descriptions are also included. The bibliography cites the related principle investigator (PI) publications and presentations for these program tasks in FY 1994. Three appendices include a Table of Acronyms, a Guest Investigator index and a Principle Investigator index