Continuous improvement in information security: A review of lessons from superannuation cybersecurity uplift programs

Temitayo Oluwaseun Abrahams 1, *, Oluwatoyin Ajoke Farayola 2, Olukunle Oladipupo Amoo 3, Benjamin Samson Ayinla 4, Femi Osasona 5 and Akoh Atadoga 6

1 Independent Researcher, Adelaide, Australia.
2 Financial Technology and Analytics Department, Naveen Jindal School of Management. Dallas, Texas, USA.
3 Department of Cybersecurity, University of Nebraska at Omaha, United States of America.
4 University of Law Business School, Manchester, United Kingdom.
5 Scottish Water, UK.
6 Independent Researcher, San Francisco, USA.
 
Review
International Journal of Science and Research Archive, 2024, 11(01), 1327–1337.
Article DOI: 10.30574/ijsra.2024.11.1.0219
Publication history: 
Received on 27 December 2023; revised on 03 February 2024; accepted on 05 February 2024
 
Abstract: 
As organizations grapple with the escalating threat landscape in the digital age, the imperative for continuous improvement in information security has become paramount. This paper presents a comprehensive review of lessons learned from superannuation cybersecurity uplift programs, shedding light on the strategies, challenges, and successes encountered in the pursuit of enhanced information security. The study delves into the unique context of superannuation, where the safeguarding of sensitive financial and personal data is of utmost importance. By examining the evolution of cybersecurity uplift programs within this sector, the research identifies key factors that contribute to the success or failure of continuous improvement initiatives. These factors encompass technological advancements, regulatory compliance, organizational culture, and the dynamic nature of cyber threats. Through an analysis of real-world case studies and best practices, this paper synthesizes actionable insights for information security professionals seeking to fortify their defense mechanisms. The findings underscore the importance of adaptive strategies that evolve alongside emerging threats, emphasizing the need for a holistic approach that integrates people, processes, and technology. Furthermore, the review highlights the role of collaborative efforts within the industry, emphasizing the sharing of threat intelligence and collaborative learning as essential components of a resilient cybersecurity ecosystem. The paper concludes with a set of recommendations to guide organizations in the ongoing journey of continuous improvement, offering a roadmap for fortifying information security defenses in the face of evolving cyber risks.
 
Keywords: 
information security; Cyber risk; Superannuation; Financial services; Threat intelligence
 
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