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Exploring Critical Success Factors in Compliance-Driven Cyber Insurance within Malaysian Organizations: A COBIT 5 enabler approach

Year: 2025

Type: article

Abstract: In today's cybersecurity landscape, simply acquiring cyber insurance is insufficient; its effectiveness relies on adherence to cybersecurity standards. This study explores critical success factors (CSFs) for compliance-driven cyber insurance in Malaysian organizations using the COBIT 5 enablers. The research identifies key factors essential for effective compliance-driven cyber insurance implementation through semi-structured interviews with industry experts. The findings align ten themes and seventeen sub-themes from qualitative analysis with the seven COBIT 5 enablers, emphasizing a holistic approach to enhance governance, risk management, and organizational resilience. This research offers valuable insights for organizations aiming to strengthen cyber resilience through compliance-aligned insurance strategies.

Source: Environment-Behaviour Proceedings Journal

DOI: 10.21834/e-bpj.v10isi31.6936

Authors: Nor Hasnul Azirah Abdul Hamid, Mazita Mokhtar, Wan Khairul Anuar Wan Abd Manan, Husna Hashim

Institutions: Universiti Teknologi MARA, Universiti Malaysia Pahang Al-Sultan Abdullah

Language: English

Topic: Information and Cyber Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4412188213

FWCI:

Cites: 22

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Related to: 10