Journal of Cyber Security and Risk Auditing

ISSN: 3079-5354 (Online)

Publishing model:

: Open access

A Systematic Review of Security Risk Management for Banking Systems

by 

Aitizaz Ali ;

Rami Shehab

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Published: 2023/08/04

Abstract

This study investigates the critical and recent threats and vulnerabilities of the last three years, from 2021 to 2024. The main objective of this article is to discuss the main threats and vulnerabilities facing banking institutions and analyzing these risks and their impact, the main countermeasures and security controls in banking, while interpreting risk management strategies including: identifying, assessing, and mitigating potential risks. This study also analyzes threats, vulnerabilities, and countermeasures in banking field. This work presents a systematic approach to highlight and assess potential vulnerabilities and threats in the banking systems. By understanding threats, vulnerabilities, and countermeasures developers and defenders can anticipate threats and attacks, take measures against them, and completely mitigate them.

Keywords

Banking systemsCybersecurityThreats VulnerabilitiesCyber-attacksCountermeasures

Doi Link

https://doi.org/10.63180/jcsra.thestap.2023.1.4

How to Cite the Article

Ali, A., & Shehab, R. (2023). A Systematic Review of Security Risk Management for Banking Systems. Journal of Cyber Security and Risk Auditing, 2023(1), 49–72. https://doi.org/10.63180/jcsra.thestap.2023.1.4

A Systematic Review of Security Risk Management for Banking Systems is licensed under CC BY 4.0CCBY

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