MODERN CYBER THREATS IN THE BANKING SECTOR: CLASSIFICATION, ANALYSIS AND COUNTERMEASURES
DOI:
https://doi.org/10.5281/zenodo.19631210Keywords:
cybersecurity, banking sector, cyber threats, phishing, ransomware, DDoS attacks, digital banking, financial security, risk management.Abstract
The banking sector continues to be the main target of cyber attacks throughout the worldwide cybersecurity landscape. This article examines the principal categories of cyber threats confronting contemporary financial institutions and analyses the methodological frameworks used in academic literature to classify and evaluate those threats and presents a combined comprehension of effective countermeasures which derives from regulatory technical and organizational elements. The results demonstrate that organizations need to implement multiple security layers because no defense system can protect them against all threats and organizations must use a complete security strategy which combines legal requirements with technical solutions and workforce development to achieve long-term cybersecurity protection in the financial sector.
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