1st Edition
Technology, AI, and Operational Security in Banking Mastering Cybersecurity and Tech Risk Management
Chapter 1
Zero Trust Security Models for Banking Institutions: Securing Digital Assets in a Perimeterless World
· Principles of Zero Trust architecture
· Implementing micro-segmentation in banking networks
· Zero Trust and cloud security strategies
· Continuous monitoring and adaptive access control
· Case studies from banks adopting Zero Trust frameworks
Chapter 2
Digital Transformation and Cybersecurity in Banking: Managing Risks in a Cloud-First and Mobile-First World
· Cybersecurity challenges in digital and open banking
· Securing API ecosystems for banking platforms
· Blockchain and decentralized finance (DeFi) security risks
· Multi-cloud security strategies
· Managing the cybersecurity risks of digital wallets and contactless payments
Chapter 3
Cybersecurity Risk Quantification for Banking Leaders: Measuring, Managing, and Communicating Risk Effectively
· Cyber risk quantification frameworks (e.g., FAIR)
· Translating cyber risks into business impacts
· Using simulations and stress tests for cyber risk scenarios
· Communicating risk to the board with actionable metrics
· Developing cyber risk appetite statements
Chapter 4
Cyber Threat Intelligence for Banks: Proactive Strategies to Identify, Analyze, and Mitigate Threats
· Building a cyber threat intelligence (CTI) program
· Intelligence-sharing networks (e.g., FS-ISAC)
· Threat hunting techniques and tools
· Using threat intelligence to enhance SOC capabilities
· Real-world case studies of cyberattacks on banks
Chapter 5
Incident Response and Crisis Management in Banking Cybersecurity: A Practical Playbook
· Developing a bank-wide incident response plan
· Running tabletop exercises and simulation drills
· Crisis communication strategies during cyber incidents
· Post-incident review and lessons learned
· Real-world case studies of major banking breach
Biography
Richard Young is a seasoned technology executive and academic leader with a distinguished career in the financial services industry. Based in New York City, he currently serves as a platforms engineering and technology risk executive at one of the top global financial institutions based on Wall Street, where he leads a team of technology and cyber risk software developers and risk managers. With extensive experience in the global financial sector, Richard is recognized for his expertise in cybersecurity, technology risk management, and regulatory compliance. In addition to his professional accomplishments, Rich is pursuing a doctoral degree in Educational Leadership, where he focuses on the intersection of technology and education. He is also an educator, teaching graduate courses on technology risk management and cybersecurity. Richard is deeply committed to fostering the next generation of technology leaders, particularly in underserved communities, and is in the process of establishing a Science, Technology, Engineering, and Mathematics (STEM) school for underprivileged youths to be in New York city and Johannesburg, South Africa.
