Monitoring and management approach for cyber security events over complex systems

Author(s):  
Paul C. Hershey ◽  
Charles B. Silio
2022 ◽  
pp. 168-196
Author(s):  
Heru Susanto ◽  
Fahmi Ibrahim ◽  
Rodiah ◽  
Didi Rosiyadi ◽  
Desi Setiana ◽  
...  

Financial technology (FinTech) as part of financial inlcussion changes conventional business models to be information technology minded. The presence of FinTech in the wider community makes it easy for access to financial service products and transactions and payment systems more practically, efficiently, and economically. Unfortunately, as the security risk in transacting increases, cyber security in the financial services industry and FinTech service providers is considered a major target by cybercriminals. This study proposed a security management approach through hybrid blockchain method implemented through flask framework and encryption to protect transaction data. The results are promising. Referring to accuracy, this study successfully reduces data leakage and misuse of personal data and financial data in FinTechs.


2021 ◽  
pp. 394-408
Author(s):  
Roger Bradbury

This chapter considers the problem of educating for cybersecurity from the perspective of complex systems science. It argues that education is a process that has evolved in human social systems to curate, increase, and transmit the information needed for system survival. Education creates an increase in the negentropy (or useful information) of those systems as they seek to maximize the acquisition and throughput of energy—a physical principle known as maximum entropy production (MaxEP). Civilizations have responded to this principle over time by finding new solutions to the Earth’s MaxEP and becoming more complex in the process. A key part of this complexification is education. And in the present cyber age it is, as in previous ages, a lagging process cobbled together from the structures and processes of previous ages. The current education responses may soon be superseded as a new solution to the Earth’s MaxEP—the technological singularity—looms.


2016 ◽  
Vol 6 (1) ◽  
Author(s):  
Colleen Robb ◽  
S. Jimmy Gandhi

AbstractThis paper proposes that social entrepreneurial ventures (SEVs) operate as systems of systems (SoS), a collection of complex systems working together to achieve an overall outcome in line with its mission. Previous literature shows that complexity theory is applicable to the unique structure of SEVs and the dual goals of creating economic and social value. We argue that not only are SEVs complex systems, but also operate as a SoS. As such, SEVs could greatly benefit from a general systemic risk management approach that is often applied to SoS. In order to explain our position, we consider an example of an existing SEV and apply these concepts to their operations. We also identify systemic risks in the example and show how the application of a systemic risk management approach can benefit SEVs.


Author(s):  
Zhenghui Sha ◽  
Jitesh H. Panchal

The human society is facing new challenges, such as cyber-security, environmental safety, and energy sustainability, which cannot be solved by a single engineering product or system. When seeking ways to address the challenges in order to meet fundamental human needs, the solutions often lead to large-scale complex systems. In complex systems, there are large numbers of interactive entities that work together to form a system of value greater than the sum of the individuals.


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