Title: The impact of cybersecurity on the financial institutions - the case of the Jordanian financial institutions

Authors: Asem Tahtamouni

Addresses: American University of Madaba, P.O. Box 2882, Amman 11821, Jordan

Abstract: As the contemporary world's technological advancements continue to accelerate, protecting the protection of personal and sensitive data against cybersecurity breaches has become more essential. The purpose of this study is to investigate the present state of cyber security risk management systems in Jordanian financial institutions. In contrast to other existing frameworks, the cybersecurity framework in Jordanian financial institutions is extremely inadequate, according to the results of this study. Institutions often lack a database of previous breaches, are unable to properly assess risk probabilities, and suffer a slew of additional problems that jeopardise their systems' security. As a consequence, based on the category factors examined, the system received a level 2 out of 4, indicating a need for development in the near future. This study provides scientific results on the impact of the quality of the cybersecurity framework in Jordanian financial institutions which need to be developed in the near future.

Keywords: cyber security; risk management; financial institutions; Jordan.

DOI: 10.1504/IJCIS.2026.154742

International Journal of Critical Infrastructures, 2026 Vol.22 No.3, pp.308 - 323

Received: 08 Sep 2024
Accepted: 07 Oct 2024
Published online: 13 Jul 2026 *

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