Achieving data privacy and security in fintech cloud computing environments
Year: 2024
Type: article
Abstract: The rapid adoption of Financial Technology (FinTech) has transformed the financial services industry, with cloud computing playing a crucial role in enabling scalable and efficient services. However, the reliance on cloud environments has also introduced significant data privacy and security challenges. This study explores strategies for achieving robust data privacy and security in FinTech cloud computing environments. Through a comprehensive literature review and qualitative analysis, this study identifies key threats, evaluates existing solutions, and proposes new approaches to safeguard data in FinTech. The findings suggest that a multi-layered security framework incorporating encryption, access control, and regulatory compliance is essential for mitigating risks. Future research should focus on developing standardized protocols and enhancing user awareness to address emerging challenges in this dynamic field.
Author: Oluwaseyi Olakunle Mokuolu
Institution: University of the Cumberlands
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W6930743348
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