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The Effects of Cybercrime on the Banking Sector in ASEAN

The Effects of Cybercrime on the Banking Sector in ASEAN

Cristi Spulbar, Ramona Birau
Copyright: © 2020 |Pages: 19
ISBN13: 9781522591832|ISBN10: 1522591834|ISBN13 Softcover: 9781522591849|EISBN13: 9781522591856
DOI: 10.4018/978-1-5225-9183-2.ch007
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MLA

Spulbar, Cristi, and Ramona Birau. "The Effects of Cybercrime on the Banking Sector in ASEAN." Financial Technology and Disruptive Innovation in ASEAN, edited by Muhammad Anshari, et al., IGI Global, 2020, pp. 130-148. https://doi.org/10.4018/978-1-5225-9183-2.ch007

APA

Spulbar, C. & Birau, R. (2020). The Effects of Cybercrime on the Banking Sector in ASEAN. In M. Anshari, M. Almunawar, & M. Masri (Eds.), Financial Technology and Disruptive Innovation in ASEAN (pp. 130-148). IGI Global. https://doi.org/10.4018/978-1-5225-9183-2.ch007

Chicago

Spulbar, Cristi, and Ramona Birau. "The Effects of Cybercrime on the Banking Sector in ASEAN." In Financial Technology and Disruptive Innovation in ASEAN, edited by Muhammad Anshari, Mohammad Nabil Almunawar, and Masairol Masri, 130-148. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-5225-9183-2.ch007

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Abstract

The main objective of this chapter is to investigate the effects of cybercrime on the banking sector in ASEAN. Global challenges on the evolution of cybercrime are in continuous dynamics in the case of emerging or developing countries, so that sustainable development plays an essential role. Moreover, the propagation effects can generate significant damages in the banking sector. Efficient bank management is essential in the context of providing advanced techniques for cyber security. Traditional cyber security measures are insufficient to ensure data protection and online information privacy. Consequently, investigations of cyber-criminal activity must become a priority especially in the context of globalization.

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