Julian Nwaonumah Julian ,Oke, Dr. Erien-naikachep Maurice ,Ikuru & Kora Francis ,Atandikiari
DIGITALIZING INFOR-SECURITY POSTURE: AN ANALYSIS OF INFOR-SECURITY ARCHITECTURE AND INFOR-PROTECTION LAW OF COMMERCIAL BANKS IN RIVERS STATE, NIGERIA.
ABSTRACT
This study on Digitalizing Infor-Security Posture: An Analysis of Information Security Architecture, and Information Protection Law of Commercial Banks in Rivers State, Nigeria investigate and analyze information security architecture, information protection law of Commercial Banks in Rivers State. Generally, the objective of the study was to empirically examine how information security architecture and information protection law of Commercial Banks in Rivers State aligned with the digitalization of information security posture drawing its indicies such as, incedent reponse and management, cyptography and scalability on one side while personal data protection, data breach and cross border data trasnsfer on the other side. The study adopted explanatory survey research design. The population of the study consisted of two hundred and thirty (230) top managers from twenty-three (23) Commercial Banks operating in Rivers State, Nigeria, as top 10 managers were chosen from each bank. By census study, the entire population was employed as the sample size of the study. The reliability of the instrument was ascertained using Crombach Alpha with the least coefficient up to 0.743. Out of 230 copies of the questionnaire distributed, 220 copies of the questionnaires were retrieved. The data obtained from the field were analyzed using Spearman's Rank Order Correlation Coefficient and t-test with the aid of SPSS Version 22.0. Three hypotheses were tested using Spearman Rank Order Correlation. The study found that infor-security architecture with its selected indicies: incidences response & management, cryptography and scalability. On the other hand infor- proctection law with the selected incidicies such as: personal data protection, data breach notification and cross border data transfer has significant positive relationship with operational efficiency and competitive advantage of Commercial Banks in Rivers State. The study concludes that the digitalization of information security in commercial banks not only fortifies their defenses against cyber threats but also drives operational efficiencies and fosters a competitive edge. The study recommended amongst other things that banks should develop and regularly update incident response plans that detail specific steps for identifying, mitigating, and recovering from security incidents.
