Saudi Arabian banks are deeply concerned about how to effectively monitor and control security threats. In recent years, the country has taken several steps towards restructuring its organizational security and, conse...Saudi Arabian banks are deeply concerned about how to effectively monitor and control security threats. In recent years, the country has taken several steps towards restructuring its organizational security and, consequently, protecting financial institutions and their clients. However, there are still several challenges left to be addressed. Accordingly, this article aims to address this problem by proposing an abstract framework based on the National Institute of Standards and Technology (NIST) Cybersecurity Framework and International Organization for Standardization/International Electrotechnical Commission (ISO/IEC 27001). The framework proposed in this paper considers the following factors involved in the security policy of Saudi banks: safety, Saudi information bank, operations and security of Saudi banks, Saudi banks’ supplier relationships, risk assessment, risk mitigation, monitoring and detection, incident response, Saudi banks’ business continuity, compliance, education, and awareness about all factors contributing to the framework implementation. This way, the proposed framework provides a comprehensive, unified approach to managing bank security threats. Not only does the proposed framework provide effective guidance on how to identify, assess, and mitigate security threats, but it also instructs how to develop policy and procedure documents relating to security issues.展开更多
With the increasing significance of information technology, there is an urgent need for adequate measures of information security. Systematic information security management is one of most important initiatives for IT...With the increasing significance of information technology, there is an urgent need for adequate measures of information security. Systematic information security management is one of most important initiatives for IT management. At least since reports about privacy and security breaches, fraudulent accounting practices, and attacks on IT systems appeared in public, organizations have recognized their responsibilities to safeguard physical and information assets. Security standards can be used as guideline or framework to develop and maintain an adequate information security management system (ISMS). The standards ISO/IEC 27000, 27001 and 27002 are international standards that are receiving growing recognition and adoption. They are referred to as “common language of organizations around the world” for information security [1]. With ISO/IEC 27001 companies can have their ISMS certified by a third-party organization and thus show their customers evidence of their security measures.展开更多
文摘Saudi Arabian banks are deeply concerned about how to effectively monitor and control security threats. In recent years, the country has taken several steps towards restructuring its organizational security and, consequently, protecting financial institutions and their clients. However, there are still several challenges left to be addressed. Accordingly, this article aims to address this problem by proposing an abstract framework based on the National Institute of Standards and Technology (NIST) Cybersecurity Framework and International Organization for Standardization/International Electrotechnical Commission (ISO/IEC 27001). The framework proposed in this paper considers the following factors involved in the security policy of Saudi banks: safety, Saudi information bank, operations and security of Saudi banks, Saudi banks’ supplier relationships, risk assessment, risk mitigation, monitoring and detection, incident response, Saudi banks’ business continuity, compliance, education, and awareness about all factors contributing to the framework implementation. This way, the proposed framework provides a comprehensive, unified approach to managing bank security threats. Not only does the proposed framework provide effective guidance on how to identify, assess, and mitigate security threats, but it also instructs how to develop policy and procedure documents relating to security issues.
文摘With the increasing significance of information technology, there is an urgent need for adequate measures of information security. Systematic information security management is one of most important initiatives for IT management. At least since reports about privacy and security breaches, fraudulent accounting practices, and attacks on IT systems appeared in public, organizations have recognized their responsibilities to safeguard physical and information assets. Security standards can be used as guideline or framework to develop and maintain an adequate information security management system (ISMS). The standards ISO/IEC 27000, 27001 and 27002 are international standards that are receiving growing recognition and adoption. They are referred to as “common language of organizations around the world” for information security [1]. With ISO/IEC 27001 companies can have their ISMS certified by a third-party organization and thus show their customers evidence of their security measures.
