Cyber threats designed to disrupt or deny service for the small body of systemically important financial institutions that intermediate global commerce and banking create a special universe of concerns. The financial markets sector is broad, encompassing conventional depository banks,...

Coherent, adaptable and durable cybersecurity capacity-building requires a comprehensive and in-depth understanding of harms that can be caused by cyber-events. At the national level, the avoidance and reduction of harm is a central feature in all efforts to develop cybersecurity policy,...

The U.S. legal system lacks a consistent definition of the term “cybersecurity law.” This Article aims to fill that gap by defining “cybersecurity law.” Although “cybersecurity” is a commonly used term in legal circles, no scholarship has stepped back to define exactly what...

Why are some countries better prepared against cyber attacks than others? Whilst previous studies have revealed discrepancies in countries' cyber readiness, there has not been any rigorous analysis which attempts to explain this variation. Based upon a new dataset (the Country Cyber Capability...

The "Cybersecurity Framework" is an ambitious plan to federally categorize industries and prioritize vulnerabilities as determined by federal agencies and private consultants. Cybersecurity Framework proponents believe this federally designed, initially voluntary set of standards can improve...

This paper presents analytical models for optimizing firm's cybersecurity spending and cyber insurance based on the effectiveness of spending in reducing cyber threats, vulnerability and impact, respectively. At the macro-level, the paper shows how private-sector contribution toward countering...

The biggest opportunities and threats in finance these days come from the cyber-sphere. Fintech firms (fintechs) have made big inroads in financial intermediation, and some new companies are valued more than large banks. Blockchain and robo-advice are expected to revolutionise the ways banks...