Cyber Risk and Bank Stability

Applications are invited for the post of Graduate research student for Flagship Research Grant Scheme “Data Analytics, Modelling and Visualisation” under Taylor’s University’s sponsored research project.
Project Duration: 3 years
Project Code: TUFR/2017/004/05
Project Title: Cyber Risk and Bank Stability
Brief of Project:
Cyber threats have been growing worldwide and a complete protection is hardly possible despite installation of a high-cost IT infrastructure. Hence, we conjecture that cyber threats could make a bank unstable with the advancement of internet technology that has helped to liberalize financial sectors by diminishing time and locational limitations. However, in the absence of a complete security framework, internet could make the banking system vulnerable to cyber threats that requires a banking institution to invest adequately in cyber infrastructure. Given this background, this study intends to identify the optimal level of cyber investment that helps a bank to be stable by controlling its IT related operational risks.   
PhD Student - 2
Specific Qualifications/ Requirements: (i) sound knowledge about banking and financial market (ii) experience as research assistant in other projects (iii) knowledge in financial database such ORBIS Bank focus or similar (iv) expertise in STATA, MICROFIT etc. (v) working knowledge on digital banking software.
Stipend and Benefits: Students are encouraged to apply for PhD scholarship (applicable for PhD students with 100% tuition fee waiver and stipend) or Research scholarship (applicable for both Master’s and PhD students with 75% tuition fee waiver and stipend). Refer to ‘Postgraduate Funding’ for eligibility, application and selection details for the scholarships. Successful candidates who do not qualify for the above-mentioned scholarships will be funded through a Graduate Student Assistant Scheme with a monthly stipend of RM 1900-2500 (depending on the project budget). Students will be enrolled in PhD (Business) under the School of Business.
Job Description for PhD Candidate:
  • The selected student(s) will develop a specific research agenda within the broader theme of research project as outlined above that can be progressed towards a successful PhD thesis while generating at least three high quality research papers (per student) to publish at CI (Scopus, ISI) journals.
  • The first paper needs to be accepted within the 18 months, the 2nd paper should be under-submission by the 24th month, and the 3rd paper be ready by the 30th months and finally the PhD thesis should be ready for submission by the 33th months.
  • Keep regular touch with the assigned supervisor(s) and other co-researchers of the project including the project leader.
  • Provide supports to project team leader and members.           
Interested candidates can directly contact Associate Professor Dr. Md Hamid Uddin with their CV and research proposal via e-mail ( Taylor’s Business School, Faculty of Business and Law, Taylor’s University.