An approach to managing innovation to protect financial sector against cybercrime

Kuzmenko, Olha Vitaliivna; Kubálek, J.; Bozhenko, Viktoriia Volodymyrivna; Kushnerov, Oleksandr Serhiiovych; Vida, I.

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Title	An approach to managing innovation to protect financial sector against cybercrime
Other Titles	Podejście do zarządzania innowacjami w celu ochrony sektora finansowego przed cyberprzestępczością
Authors	Kuzmenko, Olha Vitaliivna Kubálek, J. Bozhenko, Viktoriia Volodymyrivna Kushnerov, Oleksandr Serhiiovych Vida, I.
ORCID	http://orcid.org/0000-0001-8575-5725 http://orcid.org/0000-0002-9435-0065 http://orcid.org/0000-0001-8253-5698
Keywords	cybercrime policy financial system big data machine learning innovation sustainable development
Type	Article
Date of Issue	2021
URI	https://essuir.sumdu.edu.ua/handle/123456789/87621
Publisher	Czestochowa University of Technology
License	Creative Commons Attribution 4.0 International License
Citation	Kuzmenko, O. V., Kubálek, J., Bozhenko, V. V., Kushneryov, O. S., and Vida, I., (2021). An approach to managing innovation to protect financial sector against cybercrime. Polish Journal of Management Studies, 24 (2), 276-291
Abstract	Ensuring the cybersecurity management is an ever-increasing challenge for the financial institutions and the national financial regulators. The main purpose of the research is to improve cybersecurity management through analyzing large data volumes of information which helps to identify potential cyber threats at an early stage. The factors of the rapid cybercrime growth via supervised learning models with associated learning (SVM) were identified and evaluated in the paper. The object of research is 21 EU countries. The paper presents the results of an empirical analysis, which showed that the cyber threats are caused by the growth of using online banking (0.49), improvement of internet user skills (0.42), expansion of activities online (0.41). The results of the research can be useful for financial institutions, national regulators and cybersecurity professionals.
Appears in Collections:	Наукові видання (ННІ БіЕМ)