Assessing Data Security Strategies in Financial Institutions: Safeguarding Sensitive Information in the Age of Fintech and Regtech
Year: 2024
Type: article
Abstract: The rapid digitalization of financial services, driven by fintech and regulatory technology (RegTech) innovations, has fundamentally transformed the landscape of data security in financial institutions.This article provides a comprehensive analysis of evolving security strategies employed by financial organizations to protect sensitive information while maintaining operational efficiency and regulatory compliance.Through a detailed examination of core security technologies, including encryption methodologies, tokenization techniques, and secure multi-party computation, the article reveals the critical role of emerging technologies such as blockchain, artificial
Author: Venkata Rajesh Krishna Adapa
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4406039719