Assessing Cybersecurity Readiness in Ethiopia Fintech Sector
| dc.contributor.advisor | Elefelious Getachew (PhD) | |
| dc.contributor.author | Teklehymanot Meheret | |
| dc.date.accessioned | 2025-10-07T09:16:53Z | |
| dc.date.available | 2025-10-07T09:16:53Z | |
| dc.date.issued | 2024-10 | |
| dc.description.abstract | Ethiopian fintech sector brought a significant transformation on the financial transaction and payment instrument business. This change however poses concerns on various stakeholders that the country’s ability to protect the business and to mitigate the risks caused by bad actors to exploited the vulnerability. The research aim to investigate the cybersecurity readiness and preparedness of fintech and also how their practice is met the international standard through answering three research questions.Regulators and fintech companies the major stakeholders this study utilized the proposes of got the relevant information. The research identified governance, resilience and competency as a core variable to evaluates the readiness of the sector which is very much mapped with the international standard including NIST CSF, ISO/IEC 27001 and FFIEC. The study also prepared two separates the questionnaires to address the two participants current cybersecurity practice. The collected data analyzed and observed that there is clear gap and lack of readiness. The sector lacks comprehensive framework that meet the international standard according to the research findings. There was limited practice of the backup, business continuity plan and an incident response plan which impact the resilience of the sector. The other challenge this research identified was inadequate skilled cybersecurity experts and awareness level that impacted the competency of fintech ecosystem to enhance the awareness level as well as creating cybersecurity culture. The research developed a cybersecurity assessment framework that help the sector to protect their critical assets through a proper evaluation and assessment their risk and weakness. The proposed framework subjected to went through a validation process to make sure the framework relevance to the challenged identified in the research and met the basic global standard. The research concludes with valuable recommendations and consideration to enhance cybersecurity practice, collaboration and developed tailored cybersecurity framework for continuous improvement.. | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/7478 | |
| dc.language.iso | en_US | |
| dc.publisher | Addis Ababa University | |
| dc.subject | Fintech | |
| dc.subject | Cybersecurity | |
| dc.subject | Fintech Company | |
| dc.subject | Regulator | |
| dc.subject | Standard | |
| dc.subject | Framework | |
| dc.title | Assessing Cybersecurity Readiness in Ethiopia Fintech Sector | |
| dc.type | Thesis |