Strengthening Cybersecurity in Modern Finance: Safeguarding Online Banking and Beyond

The growing use of internet banking has escalated cybersecurity risks, creating problems for both customers and banking institutions. This research investigates the cyber risk scope that covers phishing, malware, identity theft, and data theft. It also considers mobile banking and insider abuse issues while looking at regulatory issues and how new technologies can enhance financial security. In reviewing what is already available, this paper describes key barriers to overcome such as multi-factor authentication (MFA), artificial intelligence (AI) security systems, blockchain-based systems, and general employee sensitization. The results stress the importance of flexible security tools, active surveillance, and strong supervision of Internet banking systems. The review emphasizes the importance of taking proactive measures to restore secure digital banking systems in the new banking age. Key Words - Cybersecurity, online banking, phishing, malware, data breaches, identity theft, mobile banking, emerging technologies, financial security, risk mitigation, fraud prevention, trust, reliability.