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A strategic approach to cyber security risk reduction for FX in the cloud using people, processes and technology
Cyber Security: A Peer-Reviewed Journal,
3
(2),
124-133
(2019)
Abstract
This paper examines the need for a holistic approach to organisational cyber security. It looks to compare and contrast the benefits of a remote cloud-based strategy versus an in-house self-managed solution. The paper identifies the different threats and levels of risk that organisations and their customers face on a daily basis. In addition, the paper addresses several individual elements that need taking into consideration when developing a company-wide cyber security strategy, including education, training and processes, as well as developing a top-down company culture where best practice in security is a shared organisational goal.
Keywords: cyber security; risk management; foreign exchange; security; payments; data protection; GDPR
The full article is available to subscribers to the journal.
Author's Biography
Rupert Lee-Browne is Chairman of Caxton and a FinTech investor. He founded Caxton with £25,000 capital and has driven the business towards its £1bn turnover and status as one of the UK’s finest entrepreneurial success stories. Prior to establishing Caxton, Rupert launched several successful innovative businesses in the finance and media sectors, all with a focus on new technology. He is now innovating payment solutions by investing in smart Blockchain tech both within Caxton and in other businesses. Keen to champion today’s technology entrepreneurs, Rupert regularly speaks at industry events about FX tech, how the future lies in Blockchain for the finance industry and the British start-up ecosystem.
