A Proposed Cyber security framework for auditing in financial institutions

Matsikidze, Hezel; Kyobe, Michael

doi:10.1109/iemcon51383.2020.9284861

Cited by 5 publications

(1 citation statement)

References 17 publications

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“…Traditional IT audit methodologies have been predominantly designed to address classical computing environments and the threats associated with them (Halpert, 2011). These methodologies, often founded on industry standards like ISACA's COBIT framework or the NIST Cybersecurity Framework, have proven effective in safeguarding data in classical computing environments (Antonucci, 2017;Faizi and Rahman, 2019;Matsikidze, 2022;Shackelford et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

A Comprehensive Review of It Audit Methodologies in the Age of Quantum Computing

Gilbert Fakeyede,

Chinedu Okeleke,

Azuka Okeleke

et al. 2023

J. tech. innov.

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The emergence of quantum computing presents a profound challenge and opportunity for information technology (IT) audit methodologies and IT security. Quantum computing’s potential to break classical encryption methods and its promise of exponential computational power necessitate a proactive response. This comprehensive review explores the fundamentals of quantum computing, the vulnerabilities of classical encryption, the transition to quantum-safe encryption, and the role of IT auditors in navigating this quantum landscape. Additionally, we address emerging quantum technologies, ethical considerations, and the interplay between quantum computing and IT security. To thrive in the quantum era, organisations are advised to plan for quantum-safe transitions, invest in quantum-resistant cryptography, monitor evolving regulations, develop quantum-ready workforces, integrate Quantum Key Distribution (QKD), and adopt a long-term security strategy. Adapting IT audit methodologies to the quantum era requires a multidisciplinary approach, and the recommendations provided here aim to guide organisations in securing their digital assets in this transformative quantum-empowered future.

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