The Role of Cybersecurity Governance in Enhancing the Sustainability of Jordanian Financial Institutions: Strategies and Trends
The Role of Cybersecurity Governance in Enhancing the Sustainability of Jordanian Financial Institutions: Strategies and Trends
Khaw Khai Wah,Mohammad Rafiq Zureigat
TLDR
The study examines Jordanian financial institutions' unique challenges and opportunities in adopting advanced cybersecurity practices, considering the country's regulatory environment and technological infrastructure and offers practical recommendations for policymakers and practitioners.
Abstract
Cybersecurity governance plays a pivotal role in enhancing the sustainability of financial institutions, especially with increasing reliance on technology. This study explores the role of cybersecurity governance in supporting the sustainability of Jordanian financial institutions, focusing on strategies to reduce cyber risks and ensure long-term stability. Reviewing current literature, the study emphasizes the importance of robust cybersecurity measures to protect institutions from evolving cyber threats. Findings highlight that effective information security management and proactive risk assessment are essential for operational continuity and the safeguarding of sensitive data. The study also examines Jordanian financial institutions' unique challenges and opportunities in adopting advanced cybersecurity practices, considering the country’s regulatory environment and technological infrastructure. Results suggest that continuous advancements in cybersecurity frameworks and risk management strategies are critical to addressing emerging threats and supporting sustainable growth in the financial sector. The study offers practical recommendations for policymakers and practitioners in Jordan and similar regions, stressing the need for ongoing improvements in cybersecurity measures to ensure financial stability and enhance long-term resilience.
