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Threats on the stability of a financial system may severely affect the functioning of the entire economy, and thus considerable emphasis is placed on the analyzing the cause and effect of such threats. The financial crisis in the current…

风险管理 · 定量金融 2014-10-28 Piotr Berman , Bhaskar DasGupta , Lakshmi Kaligounder , Marek Karpinski

Cybercrime is a growing concern in West Africa due to the increasing use of technology and internet penetration in the region. Legal frameworks are essential for guiding the control of cybercrime. However, the implementation proves…

Cyber security threats to the payment and banking system have become a worldwide menace. The phenomenon has forced financial institutions to take risks as part of their business model. Hence, deliberate investment in sophisticated…

密码学与安全 · 计算机科学 2022-12-26 Williams Haruna , Toyin Ajiboro Aremu , Yetunde Ajao Modupe

Financial crimes like money laundering and terrorism financing can have significant impacts on society, including loss of trust in the integrity of the financial system, misuse and mismanagement of public funds, increase in societal…

密码学与安全 · 计算机科学 2026-02-17 Yang Li , Thilina Ranbaduge , Kee Siong Ng

The European Union (EU) has long favored a risk-based approach to regulation. Such an approach is also used in recent cyber security legislation enacted in the EU. Risks are also inherently related to compliance with the new legislation.…

密码学与安全 · 计算机科学 2025-09-01 Jukka Ruohonen , Jesper Løffler Nielsen , Jakub Skórczynski

The interplay between criminal organizations and law enforcement disruption strategies is crucial in criminology. Criminal enterprises, like legitimate businesses, balance visibility and security to thrive. This study uses evolutionary game…

物理与社会 · 物理学 2024-03-19 Casper van Elteren , Vítor V. Vasconcelos , Mike Lees

Cryptocurrencies have evolved into an important asset class, providing a variety of benefits. However, they also present significant risks, such as market volatility and the potential for misuse in illegal activities. These risks underline…

计算机与社会 · 计算机科学 2024-07-02 Xihan Xiong , Junliang Luo

The rapid digitalization of banking services has significantly transformed financial transactions, offering enhanced convenience and efficiency for consumers. However, the increasing reliance on digital banking has also exposed financial…

An interbank market lets participants pool the risk arising from the combination of illiquid investments and random withdrawals by depositors. But it also creates the potential for one bank's failure to trigger off avalanches of further…

无序系统与神经网络 · 物理学 2009-11-07 Giulia Iori , Saqib Jafarey

Safety is becoming cybersecurity under most circumstances. This should be reflected in the Cybersecurity Resilience Act when it is proposed and agreed upon in the European Union. In this paper, we define a range of principles which this…

计算机与社会 · 计算机科学 2022-05-27 Kaspar Rosager Ludvigsen , Shishir Nagaraja

We consider a model of contagion in financial networks recently introduced in the literature, and we characterize the effect of a few features empirically observed in real networks on the stability of the system. Notably, we consider the…

综合金融 · 定量金融 2011-09-07 Fabio Caccioli , Thomas A. Catanach , J. Doyne Farmer

We report a study of a stylized banking cascade model investigating systemic risk caused by counter party failure using liabilities and assets to define banks' balance sheet. In our stylized system, banks can be in two states: normally…

综合金融 · 定量金融 2015-06-18 Annika Birch , Tomaso Aste

Many cybersecurity breaches occur due to users not following good cybersecurity practices, chief among them being regulations for applying software patches to operating systems, updating applications, and maintaining strong passwords. We…

多智能体系统 · 计算机科学 2020-03-26 Nirav Ajmeri , Shubham Goyal , Munindar P. Singh

This paper will discuss the need for national-level organizational strategies to effectively combat cyber security threats and cybercrime. In many countries, new agencies have been established and/or new roles have been allotted to existing…

计算机与社会 · 计算机科学 2013-08-13 Yunsik Jake Jang , Bo young Lim

Software security has been an important research topic over the years. The community has proposed processes and tools for secure software development and security analysis. However, a significant number of vulnerabilities remains in…

软件工程 · 计算机科学 2024-06-07 Steven Arzt , Linda Schreiber , Dominik Appelt

Interbank lending and borrowing occur when financial institutions seek to settle and refinance their mutual positions over time and circumstances. This interactive process involves money creation at the aggregate level. Coordination…

综合金融 · 定量金融 2021-09-27 Yuri Biondi , Feng Zhou

Since the 1990s, the integration of technology into daily life has led to the creation of an extensive network of interconnected devices, transforming how individuals and organizations operate. However, this digital transformation has also…

密码学与安全 · 计算机科学 2025-06-02 Sudhanshu Sekhar Tripathy

Regulatory frameworks are a common tool in governance to incent and coerce behaviors supporting national or strategic stability. This includes domestic regulations and international agreements. Though regulation is always a challenge, the…

物理与社会 · 物理学 2017-09-05 Dimitri Kusnezov , Wendell B. Jones

Cybercrimes are on the rise, in part due to technological advancements, as well as increased avenues of exploitation. Sophisticated threat actors are leveraging on such advancements to execute their malicious intentions. The increase in…

密码学与安全 · 计算机科学 2022-11-18 Jonathan W. Z. Lim , Vrizlynn L. L. Thing

We analyse the importance of international relations between countries on the financial stability. The contagion effect in the network is tested by implementing an epidemiological model, comprising a number of European countries and using…

物理与社会 · 物理学 2019-01-23 Olena Kostylenko , Helena Sofia Rodrigues , Delfim F. M. Torres
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