IDENTIFICATION OF CYBERSECURITY RISKS AND THREATS TO ENSURE THE INTEGRITY OF THE FINANCIAL SECTOR
Abstract
The article discusses possible threats and risks for the country's financial institutions associated with information leakage. Various measures are proposed to reduce and neutralize such risks and increase the awareness of employees in the basics of cybersecurity. The article also offers various tools, such as protective IT systems, to reduce these types of risks and threats. Since every year potential threats increase, it is necessary to ensure the security of financial institutions.
For the functioning of the company, these risks are the probability of the worst scenario, and the threat is everything that can negatively affect the scenario from the outside. These risks negatively impact the company's ability to operate properly and generate financial returns. In some cases, risks can even lead to the bankruptcy of the company. Therefore, identifying these risks allows companies to prepare their organizational structures for various types of threats and minimize the impact of adverse events. It is a standard procedure and a key element of business planning.
In addition, the article describes the most commonly used cyber attacks; company security methods; conducted a financial analysis of cybersecurity in general.
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