Cyber risk management: History and future research directions

2021 ◽  
Author(s):  
Michael McShane ◽  
Martin Eling ◽  
Trung Nguyen
Keyword(s):  
Risk Management ◽  
Future Research ◽  
Research Directions ◽  
Management History ◽  
Future Research Directions ◽  
Cyber Risk

scholarly journals Supply chain risk management modelling: A systematic literature network analysis review

2020 ◽  
Vol 31 (4) ◽  
pp. 387-416
Author(s):  
Marcus Vinicius Carvalho Fagundes ◽  
Eduardo Oliveira Teles ◽  
Silvio A B Vieira de Melo ◽  
Francisco Gaudêncio Mendonça Freires
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Network Analysis ◽  
Future Research ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Risk Models ◽  
Research Directions ◽  
Research Areas ◽  
Future Research Directions

Abstract The modelling of supply chain risk management (SCRM) has attracted increasing attention from researchers and professionals. However, a systematic network analysis of the literature to understand the development of research over time is lacking. Therefore, this study reviews SCRM modelling and its evolution as a scientific field. We collected 566 papers published in the Scopus database and shortlisted 120 for review. We have analysed the field's performance, mapped the most influential studies, as well as the generative and evolutionary research areas, and derived future research directions. Using bibliometric methods and tools for citation network analysis to understand the field's dynamic development, we find that five generative research areas provide the fundamental knowledge for four evolutionary research areas. The interpretation of gaps and trends in these areas provides an SCRM modelling timeline with 14 future research directions, which should consider adopting a holistic SCRM approach and developing prescriptive and normative risk models. The holistic approach enables more research on key factors—like process integration, design, information risk, visibility and risk coordination—that directly impact industry, decision-makers and sustainability needs. Risk models with evolved prescriptive and normative typology should respect both business model strategies and actual supply chain performance.

Risk Management in the Era of Blockchain

2020 ◽  
pp. 128-148
Author(s):  
Mohammed Fisal Abu Khaled
Keyword(s):  
Risk Management ◽  
Literature Review ◽  
Financial Services ◽  
Future Research ◽  
Special Focus ◽  
Research Directions ◽  
Governmental Agencies ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Future Research Directions

This chapter intends to document the various ways that the nascent technology, blockchain, and other forms of distributed ledger technology (DLT) can provide both increased and decreased risk as well as offer FinTech industries a fertile environment to pursue key technological advancements that can help shape almost every facet of the financial world. Issues of trust, transparency, and privacy will be explored as it pertains to the execution of blockchain technology within financial sectors. Strengths and weakness will be explored within regulations, legal environments, risk management, and the environment. Based on the findings of a comprehensive literature review, possible solutions and recommendations will be provided for governmental agencies, regulators, and users of financial services with a special focus on Islamic FinTech. Future research directions will also be shared that can assist Islamic FinTech.

Risk Management in the Era of Blockchain

2021 ◽  
pp. 50-69
Author(s):  
Mohammed Fisal Abu Khaled
Keyword(s):  
Risk Management ◽  
Literature Review ◽  
Financial Services ◽  
Future Research ◽  
Special Focus ◽  
Research Directions ◽  
Governmental Agencies ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Future Research Directions

This chapter intends to document the various ways that the nascent technology, blockchain, and other forms of distributed ledger technology (DLT) can provide both increased and decreased risk as well as offer FinTech industries a fertile environment to pursue key technological advancements that can help shape almost every facet of the financial world. Issues of trust, transparency, and privacy will be explored as it pertains to the execution of blockchain technology within financial sectors. Strengths and weakness will be explored within regulations, legal environments, risk management, and the environment. Based on the findings of a comprehensive literature review, possible solutions and recommendations will be provided for governmental agencies, regulators, and users of financial services with a special focus on Islamic FinTech. Future research directions will also be shared that can assist Islamic FinTech.

Integrated supply chain risk management: a systematic review

2017 ◽  
Vol 28 (4) ◽  
pp. 1123-1141 ◽  
Author(s):  
Quan Zhu ◽  
Harold Krikke ◽  
Marjolein C.J. Caniëls
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Future Research ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Contingency Analysis ◽  
Research Directions ◽  
Content Type ◽  
Future Research Directions ◽  
Integrated Supply Chain

Purpose Supply chain risks specifically refer to risks that transmit among supply chain members, thus they should be understood and managed as a whole for an end-to-end supply chain. The purpose of this paper is to review literature of integrated supply chain risk management (ISCRM) that connects supply chain integration (SCI) with supply chain risk management. Design/methodology/approach The systematic literature review methodology was used to select and categorize articles between 1998 and 2015 in peer-reviewed journals. A contingency analysis was further applied to detect association patterns and links between category items. Findings Through a systematic literature review, the research has clearly analyzed risk sources, scopes and dimensions of SCI, and scopes and dimensions of performance in the field of ISCRM. Furthermore, by applying the contingency analysis, the paper has proposed future research directions that are based on the extant literature findings. Originality/value The identified insights, gaps, and future research directions will encourage researchers as well as managers to drive the development of ISCRM.

What do we know about cyber risk and cyber risk insurance?

2016 ◽  
Vol 17 (5) ◽  
pp. 474-491 ◽  
Author(s):  
Martin Eling ◽  
Werner Schnell
Keyword(s):  
Selection Process ◽  
Mandatory Reporting ◽  
Future Research ◽  
Research Directions ◽  
Content Type ◽  
Main Research ◽  
Future Research Directions ◽  
The Government ◽  
Risk Insurance ◽  
Cyber Risk

Purpose This paper aims to provide an overview of the main research topics in the emerging fields of cyber risk and cyber risk insurance. The paper also illustrates future research directions, from both academic and practical points of view. Design/methodology/approach The authors conduct a literature review on cyber risk and cyber risk insurance using a standardized search and identification process that has been used in various academic articles. Based upon this selection process, a database of 209 papers is created. The main research results findings are extracted and organized in seven clusters. Findings The results illustrate the immense difficulties to insure cyber risk, especially due to a lack of data and modelling approaches, the risk of change and incalculable accumulation risks. The authors discuss various ways to overcome these insurability limitations, such as mandatory reporting requirements, pooling of data or public–private partnerships in which the government covers parts of the risk. Originality/value Despite its increasing relevance for businesses at present, research on cyber risk is limited. Many papers can be found in the IT domain, but relatively little research has been done in the business and economics literature. The authors illustrate where research stands currently and outline directions for future research.

scholarly journals A review of supply chain risk management: definition, theory, and research agenda

2018 ◽  
Vol 48 (3) ◽  
pp. 205-230 ◽  
Author(s):  
Yiyi Fan ◽  
Mark Stevenson
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Research Agenda ◽  
Future Research ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Research Directions ◽  
Content Type ◽  
Future Research Directions ◽  
Theory Use

Purpose The purpose of this paper is to review the extant literature on supply chain risk management (SCRM, including risk identification, assessment, treatment, and monitoring), developing a comprehensive definition and conceptual framework; to evaluate prior theory use; and to identify future research directions. Design/methodology/approach A systematic literature review of 354 articles (published 2000-2016) based on descriptive, thematic, and content analysis. Findings There has been a considerable focus on identifying risk types and proposing risk mitigation strategies. Research has emphasised organisational responses to supply chain risks and made only limited use of theory. Ten key future research directions are identified. Research limitations/implications A broad, contemporary understanding of SCRM is provided; and a new, comprehensive definition is presented covering the process, pathway, and objectives of SCRM, leading to a conceptual framework. The research agenda guides future work towards maturation of the discipline. Practical implications Managers are encouraged to adopt a holistic approach to SCRM. Guidance is provided on how to select appropriate risk treatment actions according to the probability and impact of a risk. Originality/value The first review to consider theory use in SCRM research and to use four SCRM stages to structure the review.

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