PROTECTION OF CLIENT CONFIDENTIALITY AND FINANCIAL ASSETS IN THE CONTEXT OF DIGITAL TECHNOLOGY GROWTH
Keywords:
client confidentiality, financial assets, digital technology growth, cybersecurity challenges, internet banking evolution, blockchain implementation, data protection strategies, cyber threat mitigation, financial sector innovations, regulatory compliance, artificial intelligence in finance, predictive analytics application, robotic process automation (rpa), chatbot integration, optical character recognition (ocr), encryption techniques, multi-factor authentication, big data utilization, cyberattack prevention, financial services security.Abstract
This thesis explores the methods and challenges of safeguarding client confidentiality and financial assets within the rapidly evolving digital landscape of the financial sector. It examines the transformative impact of digital technologies like internet banking, mobile applications, electronic payment systems, and blockchain on client data management and financial transactions. The study highlights the dual aspects of technological advancement: the enhancement of service efficiency and the increased vulnerability to cyber threats. The thesis delves into various protective measures, including legislative frameworks, advanced security technologies like encryption and multi-factor authentication, and strategies for enhancing data security and client trust. It also addresses the role of continual education and regulatory oversight in fortifying the financial sector against potential cyber risks.
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References
Development of modern banking technologies in the context of digital economic transformation - Bulletin of the Altai Academy of Economics and Law (scientific journal) (vaael.ru) https://vaael.ru/ru/article/view?Id=1098
(PDF) Confidentiality in the digital age (researchgate.net) https://www.researchgate.net/publication/262227891_Confidentiality_in_the_digital_age
Data Privacy and Security: Safeguarding Information in the Digital Age (ironhack.com)
