The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates

Blockchain technology will be the base of current and future business in all fields, as it allows information to be transferred and updated by network participants in a trustworthy, secure and efficient way. This feature and other main success factors of blockchain encourage researchers to concentra...

Full description

Saved in:
Bibliographic Details
Main Author: SAADEH, YASSER MOHAMMED (author)
Published: 2018
Subjects:
Online Access:https://bspace.buid.ac.ae/handle/1234/1239
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1862980612323803136
author SAADEH, YASSER MOHAMMED
author_facet SAADEH, YASSER MOHAMMED
author_role author
dc.creator.none.fl_str_mv SAADEH, YASSER MOHAMMED
dc.date.none.fl_str_mv 2018-11-04T05:45:33Z
2018-11-04T05:45:33Z
2018-06
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 2014303006
https://bspace.buid.ac.ae/handle/1234/1239
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv cyber risk
cyber security
cyber threats
cyber Attacks
blockchain
dc.title.none.fl_str_mv The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
dc.type.none.fl_str_mv Dissertation
description Blockchain technology will be the base of current and future business in all fields, as it allows information to be transferred and updated by network participants in a trustworthy, secure and efficient way. This feature and other main success factors of blockchain encourage researchers to concentrate on the chances to benefit from blockchain in the efforts to decrease the effects of cyber threats on the business and improve the cyber defense. Also, to shift from reactive to proactive risk resilience. This study has been devoted to finding out the effects of blockchain implementation on cyber risks mitigating strategies, mainly in the financial sector in the UAE. The study concentrates on the following factors: governance, insider threats, technology and processes. The quantitative method was used by creating an online questionnaire to collect data. Besides that, a hard copy was distributed to get more feedback. Ethical issues were anticipated and considered in this research. A total of 149 completed and accepted responses were received. The statistical package for social sciences (SPSS) was used to analyze the responses by using different analysis techniques like Cronbach’s alpha, correlation test and regression test. The findings show that there is an influence of blockchain implementation factors on cyber risks mitigating strategies. Therefore, the blockchain supports these factors on mitigating the cyber threats and executing proactive steps to avoid any future threats. The paper is limited to evaluate the effect of blockchain implementation on cyber risks mitigating strategies which related to governance, insider threats, technologies and processes. Therefore, further studies are required for better and deeper understanding of the effects of blockchain on insider threats, governance and processes. In addition, it is recommended to extend the study towards the effects of blockchain on other factors of cyber risks. Finally, further studies are required to explore the blockchain implementation in the financial sector.
id budr_e150cc108346d2da1278632957bcfa61
identifier_str_mv 2014303006
language_invalid_str_mv en
network_acronym_str budr
network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/1239
publishDate 2018
publisher.none.fl_str_mv The British University in Dubai (BUiD)
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab EmiratesSAADEH, YASSER MOHAMMEDcyber riskcyber securitycyber threatscyber AttacksblockchainBlockchain technology will be the base of current and future business in all fields, as it allows information to be transferred and updated by network participants in a trustworthy, secure and efficient way. This feature and other main success factors of blockchain encourage researchers to concentrate on the chances to benefit from blockchain in the efforts to decrease the effects of cyber threats on the business and improve the cyber defense. Also, to shift from reactive to proactive risk resilience. This study has been devoted to finding out the effects of blockchain implementation on cyber risks mitigating strategies, mainly in the financial sector in the UAE. The study concentrates on the following factors: governance, insider threats, technology and processes. The quantitative method was used by creating an online questionnaire to collect data. Besides that, a hard copy was distributed to get more feedback. Ethical issues were anticipated and considered in this research. A total of 149 completed and accepted responses were received. The statistical package for social sciences (SPSS) was used to analyze the responses by using different analysis techniques like Cronbach’s alpha, correlation test and regression test. The findings show that there is an influence of blockchain implementation factors on cyber risks mitigating strategies. Therefore, the blockchain supports these factors on mitigating the cyber threats and executing proactive steps to avoid any future threats. The paper is limited to evaluate the effect of blockchain implementation on cyber risks mitigating strategies which related to governance, insider threats, technologies and processes. Therefore, further studies are required for better and deeper understanding of the effects of blockchain on insider threats, governance and processes. In addition, it is recommended to extend the study towards the effects of blockchain on other factors of cyber risks. Finally, further studies are required to explore the blockchain implementation in the financial sector.The British University in Dubai (BUiD)2018-11-04T05:45:33Z2018-11-04T05:45:33Z2018-06Dissertationapplication/pdf2014303006https://bspace.buid.ac.ae/handle/1234/1239enoai:bspace.buid.ac.ae:1234/12392021-09-21T06:22:26Z
spellingShingle The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
SAADEH, YASSER MOHAMMED
cyber risk
cyber security
cyber threats
cyber Attacks
blockchain
title The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
title_full The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
title_fullStr The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
title_full_unstemmed The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
title_short The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
title_sort The effects of blockchain implementation on Cyber risks mitigating strategies in the financial sector in the United Arab Emirates
topic cyber risk
cyber security
cyber threats
cyber Attacks
blockchain
url https://bspace.buid.ac.ae/handle/1234/1239