The primary goal of this project is to examine the critical role of cybersecurity in today’s digitally connected business environment. It focuses on three core objectives: identifying the unique cyber risk management challenges in digital banking; evaluating how internal IT security policies affect employee behavior, productivity, and awareness; and developing a practical and cost-effective cyber risk mitigation plan tailored for small enterprises. The project aims to provide actionable insights into how businesses of all sizes can safeguard their digital infrastructure while balancing operational efficiency and compliance. Students are expected to gain a strong understanding of information security strategy, risk assessment frameworks, and regulatory considerations.
To complete this project, students will begin by reviewing global cybersecurity standards and frameworks such as ISO/IEC 27001, NIST, and GDPR. They will explore real-world case studies of cyber threats in the banking sector and investigate how institutions are managing risks through layered security architectures, incident response planning, and customer data protection.
For the employee-focused component, students will assess how IT security policies (like password protocols, access control, and training programs) influence workplace culture and individual productivity. Surveys or interviews with employees and IT managers may be conducted to measure awareness levels and behavioral outcomes.
Lastly, students will work on building a comprehensive cyber risk mitigation plan for small enterprises—focusing on budget-conscious security measures such as firewall configuration, endpoint protection, regular audits, and basic employee training. The final project will include a consolidated report with strategic recommendations and a professional team presentation.
