Developing a Biblical Solution Model for Mitigating Phishing Risks Among Internet Banking Users in Nigeria: The Initial Investigation.

Abstract

Purpose: This study aims to develop a comprehensive biblical solution model for mitigating phishing risks among Internet banking (IB) users in Nigeria by integrating trust in God, belief in God, and righteous behavior within the local context. Design/Methodology/Approach: A cross-sectional survey employing stratified sampling will gather data from a diverse sample of IB users. Structural Equation Modeling (SEM) will be utilized to analyze relationships among constructs, including belief in God, belief in oneself, wisdom, understanding, consequences, defenselessness, trust in God, behaving righteously, and becoming righteous. Findings: The study introduces a novel biblical-based solution model, highlighting the significant influence of belief in God, belief in oneself, wisdom, and understanding on righteous behavior. Trust in God moderates the relationship between behaving righteously and becoming righteous, emphasizing the transformative power of faith in cybersecurity. Research Limitations/Implications: Limitations include the potential for response bias in self-reported data and the need for further validation of the proposed model. Implications revolve around the practical application of a faith-based approach to cybersecurity in the banking sector. Practical Implications: Banking institutions should consider incorporating the biblical solution model into their cybersecurity strategies, fostering trust and righteous behavior among IB users. This approach has the potential to enhance security and confidence in online banking. Originality/Value: This study pioneers the integration of biblical principles and glocalization into cybersecurity strategies, offering a unique perspective on phishing risk mitigation. It contributes to the literature on cybersecurity and provides practical insights for the Nigerian banking industry. Recommendations: We recommend that banking institutions in Nigeria explore the implementation of the proposed biblical solution model to bolster their cybersecurity efforts. Further empirical research is needed to validate and fine-tune the model, adapting it to diverse cultural contexts and enhancing its effectiveness in combating phishing threats.