Distinguished Scholar Award

Press Release: Dr. Sean Stein Smith receives the prestigious Distinguished Scholar Award 30.10.2020

Dr. Sean Stein Smith receives the prestigious Distinguished Scholar Award

European Journal of Scientific Research pays tribute to Dr. Sean Stein Smith’s contribution to the field of Finance through his article titled “Emerging Technologies and Implications for Financial Cybersecurity”

Dr. Sean Stein Smith

Dr. Sean Stein Smith, who is affiliated with the Department of Economics and Business, City University of New York – Lehman College, USA is one of the recipients of the Distinguished Scholar Award in 2020. With this award, the independent ad hoc Scientific Award Committee and the Editorial Board of the European Journal of Scientific Research pays tribute to Dr. Sean Stein Smith’s contribution to the field of Finance through his scientific article titled “Emerging Technologies and Implications for Financial Cybersecurity”.

Professor Adrian Marcus Steinberg, the Chair of the Independent ad hoc Scientific Award Committee, said:

“Dr. Sean Stein Smith has received the prestigious Distinguished Scholar Award 2020, because he has made a significant contribution to the existing knowledge in his selected area of research. His outstanding research show emerging technology, by its very nature, is difficult to predict and forecast due to how fast moving and rapidly changing this tools and platforms are in terms of products and services. Accounting and financial services have a long track record of successfully integrating technology tools into service offerings and client advice, but the acceleration of technological integration does seem to provide an array of opportunities and challenges for both practitioners and organizations. Regardless of the specific tools analyzed and examined, however, the importance and implications of cybersecurity from both an operational and risk management perspective is difficult to overstate.”

The Distinguished Scholar Award is a prestigious academic recognition that have been presented to a very limited number of scientists from around the world since 2004 regardless of which scientific journal they have chosen as an outlet for their research. Selection of candidates are based on their outstanding scholarly contribution to the scientific knowledge in their fields of scientific research with respect to a set of criteria, including the overall importance of the research question or problem and level of innovation in the topic, the effectiveness and novelty of the methodology and data employed, academic significance and usefulness of conclusions resulting from the research, adequacy of the critical review of relevant literature and the broad application of the findings.

Written with both a practitioner and academic audience in mind, this research also leaves the door open for future research, analysis, and discussion. Emerging technology tools, such as blockchain, cryptoassets, robotic process automation, and artificial intelligence continue to change and influence the economic landscape at both a macro level and in different professional sectors. Pointedly, cybersecurity – far from being reduced in importance or relegated to secondary importance – continues to factor as a core consideration for management professionals. Accounting and financial services practitioners at large have long played a role in advising clients on technology matters as well as integrating technology into internal processes. As technology integration continues to accelerate, and fundamentally change how business processes function, practitioners must be able to assess and explain the implications of these tools on both internal and external processes.

As emerging technologies, which include but are not limited to blockchain, cryptoassets, robotic process automation (RPA), and artificial intelligence (AI) continue to permeate the business landscape and become increasingly integrated into mainstream business conversations the importance of implementing and establishing effective cybersecurity controls also continues to increase.