The Role of Digital Risk Management in Enhancing Cybersecurity "A Field Study in Private Banks in Hama Governorate"

Abstract

This research aimed to study the role of digital risk management, with its various dimensions (risk identification, assessment and analysis, mitigation, monitoring and review, and communication), in enhancing cybersecurity. To achieve this objective, a field study was conducted on a group of private banks operating in Hama Governorate (Bank of Syria and Overseas, Al Baraka Bank, and Syria International Islamic Bank). The research employed a descriptive analytical approach, and a questionnaire was designed as the primary data collection tool.

The research population consisted of all employees (managers and staff) within the departments related to risk management and cybersecurity at Bank of Syria and Overseas, Al Baraka Bank, and Syria International Islamic Bank in Hama Governorate. Sixty questionnaires were distributed, fully returned, and deemed valid for analysis.

Among the most important findings of the research was the strong and positive impact of implementing risk management in its combined dimensions on enhancing cybersecurity in the studied banks. Furthermore, the study revealed a statistically significant and moderate positive impact of each individual dimension of risk management on enhancing cybersecurity