Cross-Industry Applications of Cyber Security Frameworks

265 Pages·2022·6.134 MB·English

by  Sukanta Kumar Baral, Richa Goel, Md Mashiur Rahman

Cross-Industry
Applications of Cyber
Security Frameworks
Sukanta Kumar Baral
Indira Gandhi National Tribal University, India
Richa Goel
Amity University, India
Md Mashiur Rahman
Bank Asia Ltd., Bangladesh
Jahangir Sultan
Bentley University, USA
Sarkar Jahan
Royal Bank of Canada, Canada
A volume in the Advances in
Information Security, Privacy, and
Ethics (AISPE) Book Series
Published in the United States of America by
IGI Global
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Library of Congress Cataloging-in-Publication Data
Names: Baral, Sukanta Kumar, 1966- editor. | Goel, Richa, 1980- editor. |
Rahman, Md. Mashiur, 1980- editor. | Sultan, Jahangir, 1956- editor. |
Jahan, Sarkar, 1979- editor.
Title: Cross-industry applications of cyber security frameworks / Sukanta
Kumar Baral, Richa Goel, Md Mashiur Rahman, Jahangir Sultan, and Sarkar
Jahan, editors.
Description: Hershey, PA : Information Science Reference, an imprint of IGI
Global, [2022] | Includes bibliographical references and index. |
Summary: “This book posits that rather than cybersecurity being simply
an issue of securing systems and networks, corporate leaders need to
think in terms of assuring the integrity and durability of the
interconnected business and social structures that sit on top of an
increasingly complex technology landscape”-- Provided by publisher.
Identifiers: LCCN 2022013979 (print) | LCCN 2022013980 (ebook) | ISBN
9781668434482 (h/c) | ISBN 9781668434499 (s/c) | ISBN 9781668434505
(ebook)
Subjects: LCSH: Computer networks--Security measures. | Computer security.
| Industries--Data processing--Security measures.
Classification: LCC TK5105.59 .C758 2022 (print) | LCC TK5105.59 (ebook)
| DDC 005.8--dc23/eng/20220525
LC record available at https://lccn.loc.gov/2022013979
LC ebook record available at https://lccn.loc.gov/2022013980

This book is published in the IGI Global book series Advances in Information Security, Privacy,
and Ethics (AISPE) (ISSN: 1948-9730; eISSN: 1948-9749)
British Cataloguing in Publication Data
A Cataloguing in Publication record for this book is available from the British Library.
All work contributed to this book is new, previously-unpublished material.
The views expressed in this book are those of the authors, but not necessarily of the publisher.
For electronic access to this publication, please contact: [email protected].
Advances in Information
Security, Privacy, and Ethics
(AISPE) Book Series
ISSN:1948-9730
EISSN:1948-9749
Editor-in-Chief: Manish Gupta State University of New York, USA
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For a list of additional titles in this series, please visit:
www.igi-global.com/book-series/advances-information-security-privacy-ethics/37157
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701 East Chocolate Avenue, Hershey, PA 17033, USA
Tel: [phone] x100 • Fax: [phone]
E-Mail: [email protected] • www.igi-global.com
Table of Contents
Preface ................................................................................................................xiv
Acknowledgment ................................................................................................xx
Chapter 1
Cyber Security Trend Analysis: An Indian Perspective.........................................1
Saurabh Tiwari, University of Petroleum and Energy Studies, India
Rajeev Srivastava, University of Petroleum and Energy Studies, India
Chapter 2
Role of Artificial Intelligence on Cybersecurity and Its Control .........................15
Ramesh Chandra Rath, Jharkhand University of Technology, India
Sukanta Kumar Baral, Indira Gandhi National Tribal University, India
Richa Goel, Amity University, India
Chapter 3
Analysis and Mitigation Strategies of Security Issues of Software-Defined
Networks ..............................................................................................................36
Aswani Kumar Aswani Cherukuri, Vellore Institute of Technology, India
Sushant Sinha, Vellore Institute of Technology, India
Chapter 4
Role of Bangladesh Bank on Cybersecurity in FinTech ......................................71
Saila Sarmin Rapti, Bangladesh Bank, Bangladesh
Nabila Fahria, Bangladesh Bank, Bangladesh
Sunita Rani Das, Bangladesh Bank, Bangladesh
Chapter 5
Cyber Security Legal Framework in India: An Appraisal ...................................91
Diptirekha Mohapatra, Sambalpur University, India
Chapter 6
A Study on Big Data Privacy in Cross-Industrial Challenges and Legal
Implications ........................................................................................................112
Tilottama Singh, Amity University, India
Richa Goel, Amity University, India
Sukanta Kumar Baral, Indira Gandhi National Tribal University, India
Chapter 7
Smart Healthcare and Digitalization: Technological and Cybersecurity
Challenges ..........................................................................................................124
Navita Mahajan, Amity University, India
Seema Garg, Amity University, India
Shreyas Pandita, Amity University, India
Geetansh Sehgal, Amity University, India
Chapter 8
Internet Banking Safety Framework: An Evaluation of the Banking Industry
in Bangladesh .....................................................................................................148
Ayon Dutta, University of Dhaka, Bangladesh
Partho Ghosh, North South University, Bangladesh
Avishak Bala, North South University, Bangladesh
Chapter 9
Data Privacy Policy: Cyber Security Implications on Retail Operations ..........159
Rabinarayan Patnaik, Institute of Management and Information Science,
India
Chapter 10
Cyber Security at the Heart of Open Banking: An Existing and Futuristic
Approach ............................................................................................................182
Lopamudra Hota, National Institute of Technology, Rourkela, India
Dhruba Charan Hota, Maharaja Bir Bikram College, India
Chapter 11
A Study on the Perceptions of Internet Users With Respect to Information
Sensitivity in Delhi ............................................................................................202
Shivani Choudhary, Amity School of Economics, Amity University, India
Neeru Sidana, Amity School of Economics, Amity University, India
Richa Goel, Amity International Business School, Amity University,
India
Compilation of References ..............................................................................221
About the Contributors ...................................................................................237
Index ..................................................................................................................243
Detailed Table of Contents
Preface ................................................................................................................xiv
Acknowledgment ................................................................................................xx
Chapter 1
Cyber Security Trend Analysis: An Indian Perspective.........................................1
Saurabh Tiwari, University of Petroleum and Energy Studies, India
Rajeev Srivastava, University of Petroleum and Energy Studies, India
The last few years are known as the era of digitization, which also focuses on Industry
4.0. On one side, these latest tools and techniques like IoT, big data analytics,
blockchain help the organizations to make better decision making and better future
predictions in terms of processes and services; on the other hand, it also leads to
the new problem known as cybercrime. Keeping data on the cloud and processing
it using cloud-based technology gives more opportunities to hackers to misuse
things. Many governments and organizations invest in huge amounts to train their
employees and save their data from such cybercrimes. These cybercrimes not only
impact organizations but also the females and children of the countries. The purpose
of this study is to know the current state of cybercrime in India and to identify the
impact of cybercrime on females and children.
Chapter 2
Role of Artificial Intelligence on Cybersecurity and Its Control .........................15
Ramesh Chandra Rath, Jharkhand University of Technology, India
Sukanta Kumar Baral, Indira Gandhi National Tribal University, India
Richa Goel, Amity University, India
Cyber security is paramount in all aspects of life, particularly in digital technology.
Stories of artificial intelligence and data breaches, ID theft, cracking the security code,
operating machines with remote sensors, and other such incidents abound, affecting
millions of individuals and organizations. The problems in developing appropriate
controls and processes and applying them with utmost precision to combat cyber-
attacks and crimes have always been unending. With recent advances in artificial
intelligence, the ever-increasing danger of cyber-attacks and crimes has grown
tremendously. It has been used in nearly every branch of research and engineering.
AI has sparked a revolution in everything from healthcare to robotics. This ball of
fire could not be kept away from cyber thieves, and therefore, “normal” cyber-attacks
have evolved into “intelligent” cyber-attacks. The authors of this chapter attempt to
discuss prospective artificial intelligence approaches to use such strategies in cyber
security for expecting outcome-based conclusions related to future research work.
Chapter 3
Analysis and Mitigation Strategies of Security Issues of Software-Defined
Networks ..............................................................................................................36
Aswani Kumar Aswani Cherukuri, Vellore Institute of Technology, India
Sushant Sinha, Vellore Institute of Technology, India
The rapid development in telecommunication technologies in the last decade gave
rise to a new set of sophisticated security threats. Software-defined networking (SDN)
is a new network paradigm that isolates the network control plane from the data
plane. This provides network programmability, which reduces operating costs and
enables business growth. However, this new technology has several security threats,
which is a major concern in its adaptation. This chapter presents a comprehensive
review of the security issues of SDN and mitigation strategies.
Chapter 4
Role of Bangladesh Bank on Cybersecurity in FinTech ......................................71
Saila Sarmin Rapti, Bangladesh Bank, Bangladesh
Nabila Fahria, Bangladesh Bank, Bangladesh
Sunita Rani Das, Bangladesh Bank, Bangladesh
Following the COVID-19 outbreak, the world has seen another rising challenge of
accessing financial services. By limiting the transmission of COVID-19, fintech
accelerated access to financial services for all aspects of society, allowing individuals
to become more flexible and comfortable with fintech. However, cyber-attacks can
hinder the progress of this evolution by attacking any type of banking channel,
including traditional banking, internet banking, credit cards, ATMs, agent banking,
and mobile banking. From the standpoint of central bank risk management, this
chapter investigates fintech and the associated field of cybersecurity.
Chapter 5
Cyber Security Legal Framework in India: An Appraisal ...................................91
Diptirekha Mohapatra, Sambalpur University, India
Cybercrimes have become a global phenomenon due to the digital world. Cybercrimes