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Security Awareness Programs and Behavioral Patterns in Nigeria Deposit Money Banks: Adopting a Robust Cybersecurity Culture

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  • Francess Okolo

    (Texas Southern University & Rice University, Texas, USA)

  • Arume Ighoroje

    (Texas Southern University & Rice University, Texas, USA)

Abstract

In an era marked by evolving cybersecurity threats, understanding the interplay between Security Awareness Programs, Behavioral Patterns, and Cybersecurity Culture is essential for safeguarding organizational assets and maintaining trust in financial institutions. This study investigated this relationship within Nigeria’s Deposit Money Banks, employing a comprehensive analysis of key variables such as Compliance Adherence, Security Policy Acknowledgements, Training Completion Rate, Risk Awareness and Management, Behavioral Analytics, Employee Feedback and Engagement, and Incident Response Time.Utilizing data gathered from a field survey, the study employed multiple regression analysis and tested for hypotheses. Specifically, the study revealed that Compliance Adherence, Training Completion Rate, and Risk Awareness and Management significantly influenced Employee Feedback and Engagement. Compliance Adherence increased Employee Feedback and Engagement by 0.065 (t-stat: 0.750, p = 0.014), Training Completion Rate by 0.397 (t-stat: 3.846, p

Suggested Citation

  • Francess Okolo & Arume Ighoroje, 2024. "Security Awareness Programs and Behavioral Patterns in Nigeria Deposit Money Banks: Adopting a Robust Cybersecurity Culture," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(6), pages 239-256, June.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:6:p:239-256
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    References listed on IDEAS

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    1. Stephen A. Ojeka & Egbide Ben-Caleb & Edara-Obong Inyang Ekpe, 2017. "Cyber Security in the Nigerian Banking Sector: An Appraisal of Audit Committee Effectiveness," International Review of Management and Marketing, Econjournals, vol. 7(2), pages 340-346.
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