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An In-Depth Look at Cyber Technology in the Finance Industry

Year: 2024
Type: article
Abstract: The study delves into the ways cyber technology is revolutionizing the finance industry.It looks at how technologies like cloud computing, artificial intelligence (AI), blockchain, and big data analytics are increasing security, efficiency, and the way financial operations are conducted.Financial institutions are becoming more susceptible to complex assaults as a result of these innovations, which bring new cybersecurity concerns despite their usefulness in areas such as automated trading, fraud detection, and customer support.The research looks at how to implement these technological improvements while still meeting the requirements of strong cybersecurity, following regulations, and managing risks.The capacity to innovate while keeping systems secure and resilient is crucial to the future success of the financial industry, it concludes.
Language: English
Open Access status: hybrid
OpenAlex ID: W4402744812
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