MONITORING OF CYBER RISKS IN THE FINANCIAL SECTOR OF THE ECONOMY

The financial sector of the economy is an attractive target for cyber-attacks because it plays an important role in intermediating the movement of funds. The article is devoted to monitoring cyber risks that may affect the functioning of electronic services. It is established that in the practical sphere, cyber-attacks are growing exponentially every year, but in the scientific sphere, considerable attention is paid to the identified issues, namely, cyber risks. In today's market environment, the communication architecture is based on the fact that financial institutions are critical to global commercial activities, as well as operations at the local, national and international levels of economic activity. The key objective of the study was to identify, classify and monitor cyber risks caused by both internal and external cyber threats in the financial sector.The study found that cyber risks for the financial sector mainly relate to the leakage of customer data or certain corporate information, financial losses, forced interruptions in the operation of electronic services, and ultimately the loss of reputational capital and mutual trust. During the bibliometric analysis, the author identified scientific papers that characterise the essence, systematise methodological tools, study classifications of cyber risks in the context of financial activities, and identify opportunities to overcome them in order to ensure cyber resilience. An original matrix of the relationship between the identified scientific clusters and cyber risks in the financial sector is proposed, which will allow us to focus on the development of promising solutions to overcome them.Financial sector institutions are in constant need of developing recommendations for protection against the negative impact of cyber risks, as they still use outdated electronic systems that are not resistant to the threats of possible cyber attacks. The conclusions confirm the relevance and importance of dealing with cyber risks in the financial sector to ensure stability and increase confidence in electronic services.