Banking on resilience: 20 years of cybersecurity evolution

Background: The rise in cyberattacks, particularly targeting financial institutions, poses significant risks. A shift towards cyber threat resilience, emphasising proactive strategies for recovery and adaptation, is essential. The financial sector must develop and implement holistic resilience strategies to ensure long-term operational preparedness against evolving cyber threats.Objectives: The objectives of this bibliometric analysis were twofold. Firstly, to identify trends, patterns, and relationships in the literature on information system (IS) cyber resilience in the financial sector. Secondly, to explore how research on IS resilience has evolved and to identify key themes and emerging topics in the field.Method: The study retrieved 228 documents from the Scopus database. Analysis techniques included citation analysis, coauthorship analysis, co-word analysis, and network analysis. The analysis was performed using Biblioshiny.Results: The results reveal a significant uptick in 2018. Collaboration patterns support steady growth, but many developing nations are underrepresented. The study indicates a link between risk management and cybersecurity in the finance sector and supports the drive to develop resilience strategies and frameworks. Existing literature has primarily focused on cybersecurity measures and technical defences without sufficient attention to how organisations recover and maintain operations after a cyberattack. There is insufficient focus on enabling shared resilience cultures, as organisational preparedness goes beyond technology.Conclusion: The bibliometric analysis highlights gaps in cybersecurity literature, emphasising the need for integrated frameworks, proactive strategies, and cross-disciplinary collaboration to enhance cyber threat resilience and preparedness.Contribution: The study highlights the fragmented nature of cyber threat resilience literature in the financial sector.

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Publication Details

Journal
South African journal of information management
Published
2025-09-12
DOI
https://doi.org/10.4102/sajim.v27i1.2019
Citations
1
Primary Topic
Geochemistry and Geologic Mapping
Type
article
Field-Weighted Citation Impact
2.48

Funders

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article

Banking on resilience: 20 years of cybersecurity evolution

1 citations
South African journal of information management
Geochemistry and Geologic Mapping
2.48
article

Banking on resilience: 20 years of cybersecurity evolution

article en
1 citations

Abstract

Background: The rise in cyberattacks, particularly targeting financial institutions, poses significant risks. A shift towards cyber threat resilience, emphasising proactive strategies for recovery and adaptation, is essential. The financial sector must develop and implement holistic resilience strategies to ensure long-term operational preparedness against evolving cyber threats.Objectives: The objectives of this bibliometric analysis were twofold. Firstly, to identify trends, patterns, and relationships in the literature on information system (IS) cyber resilience in the financial sector. Secondly, to explore how research on IS resilience has evolved and to identify key themes and emerging topics in the field.Method: The study retrieved 228 documents from the Scopus database. Analysis techniques included citation analysis, coauthorship analysis, co-word analysis, and network analysis. The analysis was performed using Biblioshiny.Results: The results reveal a significant uptick in 2018. Collaboration patterns support steady growth, but many developing nations are underrepresented. The study indicates a link between risk management and cybersecurity in the finance sector and supports the drive to develop resilience strategies and frameworks. Existing literature has primarily focused on cybersecurity measures and technical defences without sufficient attention to how organisations recover and maintain operations after a cyberattack. There is insufficient focus on enabling shared resilience cultures, as organisational preparedness goes beyond technology.Conclusion: The bibliometric analysis highlights gaps in cybersecurity literature, emphasising the need for integrated frameworks, proactive strategies, and cross-disciplinary collaboration to enhance cyber threat resilience and preparedness.Contribution: The study highlights the fragmented nature of cyber threat resilience literature in the financial sector.

South African journal of information managementVol. 27(1)
University of Johannesburg (ZA)
University of Johannesburg
Partnerships for the goals
Openalex Percentile: Top 7%
Geochemistry and Geologic Mapping
2.48
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