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Essay Available:
Pages:
2 pages/β‰ˆ550 words
Sources:
15 Sources
Style:
APA
Subject:
Technology
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 12.15
Topic:

The Impact of Cyber Security Policy on Insurance Industries in the European Union

Essay Instructions:

1)- The research proposal is the first step towards the final paper. The paper proposal should be concise, no longer than 500 words / one page (including relevant bibliography). It must clearly state the research question and, where applicable, the real case scenario to which the situation applies. The proposal should address the topics of cybersecurity and diplomacy, aiming to provide a clear understanding of the topic. The research question should be stated unambiguously. If you wish to address a real case scenario, please list clearly the intended audience of the policy paper. It is required to list the bibliography that you want to use to outline the second paper, (policy brief)
2)-The structure given below serves the purpose of structuring the policy paper “up to 2750” words. 
Structure of the policy paper:
Introduction The introduction introduces the topic and the research question. Please specify also to whom you address the paper / recommendations to (i.e., topic: cyberthreats to FinTech in the EU -> ECB / ENISA etc…).Describe the scope of the research and why, this is relevant now. Assessing the problem This section describes the importance of the chosen topic within the context of international policy / diplomacy, and other strategic considerations. Assessment of EU situation  This part of the paper provides an in-depth analysis of the specific sector under consideration, outlining its current state within the global economy and existing regulatory frameworks. State of the art (current initiatives)  This section discusses ongoing efforts and upcoming plans from relevant policy-making institutions. It examines how these initiatives might shape the future of the sector. Future challenges and options  This section lays out potential strategies to bolster the topic / tackle the challenge under consideration. Policy recommendations  The concluding part of the paper presents concrete suggestions to be implemented in the policy agenda. These recommendations are meant to inform and influence decision-making processes in the sector. Guidelines and tips:• Please use consistent citation (APA preferred) in the format ‘Surname, year, page’, i.e., (Dahl, 1957, 206)• Add full reference in the bibliography: Dahl, R. A. (1957). The concept of power. Behavioral Science, 2, 201–215. • Ensure your research question is not only unambiguous but also specific. It should reflect a clear focus on a certain issue within the realms of cybersecurity and diplomacy.• Recommendations should be realistic: avoid proposing utopian solutions; instead, suggest concrete, precise recommendations.• Be creative, and try to draw from existing literature, what we discussed in class, and your personal knowledge: a good policy advisor leverages their analytical skills.• When conducting research, make sure to use reputable and high-quality sources. Be critical of the information you find and always cross-reference facts when possible (especially if you are discussing about disinformation, foreign manipulation and interference, cyber incidents etc.)

Essay Sample Content Preview:

The Impact of Cyber Security Policy on Insurance Industries in the European Union
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The Impact of Cyber Security Policy on Insurance Industries in the European Union
A cyber security policy is a document that outlines the overall methodology, expectations, and rules that an organization uses to prevent and tackle cyber attacks. Cyber-attacks are common in most industries that embrace technology (Carrapico & Farrand, 2020). European Union has set measures to prevent cybercrime through its cyber security policy acts. This paper shall investigate the impact of cyber security policy on insurance industries in the European Union.
Cyber security is one of the significant threats to all financial sectors. In addition, the digitalization of insurance industries has exposed potential cyber security threats to this sector (Fuster & Jasmontaite, 2020). One of the primary reasons the insurance industry poses a significant risk to cyber attacks is that they have crucial and confidential policyholders' data. Therefore, large amounts of data may attract various cyber attackers, leading to increased security concerns. When the attackers obtain policyholders' crucial data, they may use it to do criminal activities or use personal information for malicious activities such as stealing money from the bank. Due to these reasons, cyber security policies became necessary globally, including in the EU, to minimize various instances of cyber security.
Cyberspace is one of the most complex environments since it involves the interaction of software, people, and services through information and communication technology networks and devices. Notably, the evolving technology leads to new threats to the digital space, which may affect the normal operations of organizations (Wessel, 2019). Cybersecurity policies provide the framework that various sectors should adopt to prevent cybersecurity instances. Moreover, cybersecurity policies also outline measures that the affected parties can use to solve cyberattacks. Therefore, cyber security policies are crucial to organizations.
According to Christen et al. (2020), cybersecurity policies are guidelines and rules that govern information and technology activities in organizations. In addition, these policies ensure maximal compliance with the e...
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