Safeguarding Trust in Digital Finance: A Study on Cyber Threats and Defenses
Year: 2025
Type: article
Abstract: Digital banking has changed the way the world finances are done but this increase poses serious cybersecurity threats. Phishing, malware, and social engineering are becoming more popular with criminals as a way of breaking into financial infrastructure. The paper examines these threats and measures the current defensive strategies. We suggest a multi-layered architecture with the use of continuous behavioral analytics, AI-driven fraud detection, and blockchain ledgers, unlike classical security paradigms. Our analysis proves that the single-point security systems are no longer effective against the modern advanced threats. As a result, there is a need to have a composite defense- in-depth strategy to reduce fraud, safeguard user information, and maintain confidence in online financial ecosystems.
Authors: Rishabh Singh, Suyash Singh
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W7116293699
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