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CYBER RISK MANAGEMENT IN BANKS

Abstract

The aim of the research is to determine the most effective methods of managing cyber risks in the banking sector.
We used the methods of analysis and synthesis, statistical and factor analyzes, on the basis of which the cyber risks were evaluated, and conclusions were drawn that reflected the progress of implementation and the results of work to reduce these risks.
Despite the fact that many studies are devoted to cyber risks, especially recently, these processes in the Kazakhstan economy remain insufficiently studied.
The study revealed the main directions of reducing cyber risks. First of all, it is necessary to increase awareness of information security threats. In order to eliminate cyber risks in terms of country security, the number of domestic information security specialists should be increased. It is also necessary to increase the share of domestic ICT software products used in the state and quasi-state sectors.

About the Authors

S. D. Tashenova
Central-Asian University
Kazakhstan

Doctor of economic science

Almaty



G. M. Berdikulova
International IT University
Kazakhstan

Candidate of economic science

Almaty



M. K. Tuleubayeva
Egyptian University of Islamic Culture “Nur-Mubarak”
Kazakhstan

Candidate of economic science

Almaty



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Review

For citations:


Tashenova S.D., Berdikulova G.M., Tuleubayeva M.K. CYBER RISK MANAGEMENT IN BANKS. Central Asian Economic Review. 2019;(4):123-133. (In Russ.)

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ISSN 2789-4398 (Print)
ISSN 2789-4401 (Online)