THE ROLE OF INFORMATION SECURITY IN DIGITAL FINANCE

In the context of the rapid growth of digitalization of the financial sector, information security issues are becoming critically important. Modern financial technologies, including online banking, mobile payments, cryptocurrencies and fintech services, create new vulnerability vectors for cyber threats. The article considers the importance of information security as a key element of the sustainability of digital finance, analyzes the most common types of cyber risks and protection methods, including encryption, multifactor authentication and blockchain. Particular attention is paid to the regulatory environment, as well as the economic consequences of incidents in the field of information security. Based on current cases and statistics, a conclusion is made about the need to integrate information security systems into the strategic management of financial organizations.

Authors

Publication Details

Journal
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Published
2025-01-01
DOI
https://doi.org/10.36871/ek.up.p.r.2025.05.06.017
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

THE ROLE OF INFORMATION SECURITY IN DIGITAL FINANCE

Lenura T. Voronina
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
FinTech, Crowdfunding, Digital Finance
article

THE ROLE OF INFORMATION SECURITY IN DIGITAL FINANCE

Lenura T. Voronina
article en

Abstract

In the context of the rapid growth of digitalization of the financial sector, information security issues are becoming critically important. Modern financial technologies, including online banking, mobile payments, cryptocurrencies and fintech services, create new vulnerability vectors for cyber threats. The article considers the importance of information security as a key element of the sustainability of digital finance, analyzes the most common types of cyber risks and protection methods, including encryption, multifactor authentication and blockchain. Particular attention is paid to the regulatory environment, as well as the economic consequences of incidents in the field of information security. Based on current cases and statistics, a conclusion is made about the need to integrate information security systems into the strategic management of financial organizations.

EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYAVol. 5/6(158)
Openalex Percentile: Top 79%
FinTech, Crowdfunding, Digital Finance
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