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Innovation and Entrepreneurship

1. Investigation of the factors contributing to the digital transformation toward Innovative Cybersecurity Management in the Banking Sector 2. Investigation of the drivers Affecting the Cybersecurity Management for Digital Innovation in the Banking Sector 3. You can make your own title base on your literature review and finding. Below are the factors that you may select from any 5 to 6 (Cybersecurity must be your primary factor) or all of them as independents factor and one for Dependent factor "Innovative Digital Transformation in Banking Sector": Innovative Cybersecurity Management Strategy (Dependent Variable), x These innovative variables include (independent variables/factors): i. Cybersecurity skills, ii. Cybersecurity strategy, iii. Cybersecurity budget, iv. Cybersecurity policy enforcement, v. Cybersecurity awareness, vi. Cybersecurity Compliance vii. FinTech Ecosystem viii. Industrial Revolution 4.0 ix. Digital Transformation x Top Management Support (Mediator) NOTE: factors: you can place your selected factors into your title, and your topic must be related to the banking and financial sector or any Governmental entities. Project Guidelines (Approaches to your project development): You have to follow the given and explained project guidelines, or you can use the literature review approach based on your work on the secondary data collections; #2: (refer to the below action plan) Titles/Topics: a) Factors affecting the Innovative Transformational Digital in the Banking Sector b) Innovation and Development of Factors Digital Finance toward Cybersecurity Management Digital Transformation in Banking & Financial Sector c) You can make your own title base on your literature review/factors and finding. Below are the factors that you may select from any 5 to 6 as independents factor and one for Dependent factor "Innovative Digital Transformation in Banking Sector": Innovative Cybersecurity Management Strategy (Dependent Variable), x These innovative variables include (independent variables/factors): i. FinTech Ecosystem ii. Industrial Revolution 4.0 iii. Digital Transformation iv. Bigdata Analytics v. Internet of Things (IoT) vi. Blockchain vii. Cybersecurity viii. Cloud Computing x Top Management Support (Mediator) NOTE: factors: you can place your selected factors into your title, and your topic must be related to the banking and financial sector. Project Guidelines (Approaches to your project development): You have to follow the given and explained project guidelines, or you can use the literature review approach based on your work on the secondary data collections; Ethical considerations It is required to adequately consider all the ethical considerations like managing the confidentiality of data and information collected from the respondents. All the activities must be beneficial for all the parties of the society. You have to submit your project to TURNITIN for similarities and Plagiarism. Sequence Activities Starting dateTime Slot Completion Date X Proposal today One week 1-2 weeks Planning April 9 2021 3 days April 12 2021 B) Implementation12 April 2021 6 days 18 April 2021 C) Data Collection18 April 2021 7 days 25 May 2021 D) Data Analysis April 26 2021 3 days May 1 2021 E) Conclusion 2 May 1 day 10 May 2021 at 23:59 hours Submission 12 May 2021 to Turnitin Gantt chart- by days Research Questions The research has number of questions that needs to be answered to achieve the goal and objective of the study. The following are the research questions: 1. What are the factors affecting the adoption of Cybersecurity management for Digital Innovation? 2. What is the status of cybersecurity for digital innovation? 3. What is the effect of each factor on digital innovation? 4. What is the recommendation for decision-makers and related departments? Useful References and there are more than 600 pages of references are available in Google Scholar. Related your research work. 1. 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George Westerman, "The First Law of Digital Innovation," MIT Sloan Management Review: https://sloanreview.mit.edu/article/the-first-law-of-digital-innovation/ . 7. George Westerman, "Why Digital Transformation Needs A Heart," MIT Sloan Management Review 58, 1:19. See also George Westerman, Didier Bonnet, and Andrew McAfee. "The Nine Elements of Digital Transformation," MIT Sloan Management Review 55. 3 (2014): 1-6. 8. Gomber, P., Kauffman, R. J., Parker, C., & Weber, B. W. (2018). On the fintech revolution: interpreting the forces of innovation, disruption, and transformation in financial services. Journal of Management Information Systems, 35(1), 220-265. 9. Imerman, M. B., & Fabozzi, F. J. (2020). A Conceptual Framework for Fintech Innovation. Available at SSRN 3543810. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3543810 10. Insurance, C. Financial Services and Fintech A review of the Cyber Security threats and implications Ilesh Dattani Assentian Partners. https://www.researchgate.net/profile/Ilesh_Dattani/publication/304023925_Financial_Ser vices_and_Fintech_- _A_review_of_the_Cyber_Security_threats_and_implications/links/5763c88508ae192f51 3e48db.pdf 11. Khanboubi, F., & Boulmakoul, A. (2019). Digital transformation in the banking sector: surveys exploration and analytics. International Journal of Information Systems and Change Management, 11(2), 93-127. https://www.inderscienceonline.com/doi/abs/10.1504/IJISCM.2019.104613 12. Kotarba, M. (2018). Digital transformation of business models. Foundations of Management, 10(1), 123-142. 13. Kylasapathy, P., Hwa, T. B., & Zukki, A. H. M. (2017). Unlocking Malaysia's Digital Future: Opportunities, Challenges and Policy Responses. Bank Negara Malaysia Annual Report 2017. 14. Lin, K. C., Shyu, J. Z., & Ding, K. (2017). A cross-strait comparison of innovation policy under industry 4.0 and sustainability development transition. Sustainability, 9(5), 786. 15. Martin, V. (2019). Reshaping Banking Industry Through Digital Transformation. FINIZ 2019-Digitization and Smart Financial Reporting, 31-36. 16. Milian, E. Z., Spinola, M. D. M., & de Carvalho, M. M. (2019). Fintechs: A literature review and research agenda. Electronic Commerce Research and Applications, 34, 100833. 17. Mitra, R. M. (2019). Digital Transformation and Industry 4.0 in Southeast Asia. Digital Asia, 109-133. 18. Mohamed, H., & Ali, H. (2018). Blockchain, Fintech, and Islamic finance: Building the future in the new Islamic digital economy. Walter de Gruyter GmbH & Co KG. 19. Moro Visconti, R. (2020). Fintech Valuation. Available at SSRN 3533869. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3533869 20. Onyshchenko, S., Maslii, O., & Ivanyuk, B. Competencies In Financial Sector In The Era Of Digitalization. In 2019 7th Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019). Atlantis Press. 21. Pantielieieva, N., Khutorna, M., Lytvynenko, O., & Potapenko, L. (2020). FinTech, RegTech and Traditional Financial Intermediation: Trends and Threats for Financial Stability. In Data-Centric Business and Applications (pp. 1-21). Springer, Cham. 22. Pantielieieva, N., Krynytsia, S., Khutorna, M., & Potapenko, L. (2018, October). FinTech, transformation of financial intermediation and financial stability. In 2018 International Scientific-Practical Conference Problems of Infocommunications. Science and Technology (PIC S&T) (pp. 553-559). IEEE. 23. Pantielieieva, N., Krynytsia, S., Zhezherun, Y., Rebryk, M., & Potapenko, L. (2018, May). Digitization of the economy of Ukraine: Strategic challenges and implementation technologies. In 2018 IEEE 9th International Conference on Dependable Systems, Services and Technologies (DESSERT) (pp. 508-515). IEEE. 24. 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S., Sopchenko, A. A., & Dzhu, O. S. (2019). FinTech ecosystem as an instrument of sustainable development provision. 30. Vovchenko, N. G., Ivanova, O. B., Andreeva, O. V., & Kostoglodova, E. D. (2018). Conceptual approach to the development of financial technologies in the context of digitalization of economic processes.