Exploring the negative social impact of cyber-attacks, this book takes a closer look at the challenges faced by both the public and private sectors of the financial industry. It is widely known amongst senior executives in both sectors that cybercrime poses a real threat, however effective collaboration between individual financial institutions and the public sector into detecting, monitoring and responding to cyber-attacks remains limited. Addressing this problem, the authors present the results from a series of interviews with cybersecurity professionals based in Canada in order to better understand the potential risks and threats that financial institutions are facing in the digital age. Offering policy recommendations for improving cybersecurity protection measures within financial institutions, and enhancing the sharing of information between the public and private sector, this book is a timely and invaluable read for those researching financial services, cybercrime and risk management, as well as finance professionals interested in cybersecurity.
Pierre-Luc Pomerleau is a financial crime executive with over 15 years of experience with three large Canadian financial institutions, and an adjunct professor in the Cybersecurity program at Polytechnique Montreal, Canada.
David L. Lowery is a retired U.S. Air Force lieutenant colonel (cyberspace operations officer) and a three-time unit commander now serving as Professor of Homeland Security at Northcentral University, USA.
Chapter 1: Contemporary Cybersecurity in Our Daily Lives
Chapter 2: Relevance of Evidence Based Cybersecurity in Guiding the Financial Sector's & Efforts in Fighting Cybercrime
Chapter 3: The Evolution of Cybersecurity within the American Financial Sector
Chapter 4: The Evolution of the Threats to Canadian Financial Institutions, the Actual State of Public and Private Partnerships in Canada
Chapter 5: Major Themes in the Literature of Cybersecurity and Public-Private Partnerships; A Focus on Financial Institutions
Chapter 6: Research Findings; Contemporary Perceptions of Canadian Security Professionals Regarding the Challenges in Sharing Information with the Public Sector
Chapter 7: Conclusions and Implications for Practice and Future Studies on Public-Private Partnerships