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Journal of Discrete Mathematical Sciences and Cryptography cover
Hybrid ·Peer-reviewed·ISSN (Online): 2169-0065·ISSN (Print): 0972-0529

Monthly Journal: Publishes theoretical and applied research in all areas of Discrete Mathematical Sciences, Cryptography, Combinatorics, Elliptic Curves and Information Security.

Issues up to 2022 co-published with and available at:Taylor & Francis Online
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Open Access Research Article

Cybersecurity in FinTech : Strategies for protecting digital finance from cyber threats and ensuring secure transactions

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* Corresponding author · click or hover a name for details

pp. 2977–2987Vol. 28Issue 8December 2025DOI: 10.47974/JDMSC-2442 Crossmark XML
Received:
04 Feb 2025
Published Online:
08 Dec 2025
Article type:
Research Article
Language:
EN
Article no.:
JDMSC-2442
Pages:
2977–2987

Abstract

Cybersecurity has become essential in safeguarding digital finance from increasingly sophisticated threats such as data breaches, fraud and regulatory non-compliance. As financial services become more digitized, FinTech firms face significant challenges, including vulnerabilities in digital transactions, cloud infrastructure, and the security of application programming interfaces (APIs). A key focus is on blockchain technology, which, while offering enhanced security through its distributed ledger, remains vulnerable to wallet hacking and smart contract exploits. Cloud-based systems also pose risks, particularly when third-party providers lack strong cybersecurity measures. To address these issues, FinTech companies rely on existing cybersecurity frameworks and regulatory compliance with laws like GDPR and PCI-DSS to ensure data protection and consumer trust. This paper employs case studies and empirical data to illustrate effective strategies including multi-factor authentication (MFA), encryption, and AI-driven fraud detection for enhancing security. The findings underscore the importance of proactive measures like continuous monitoring and compliance audits to improve cybersecurity outcomes. The paper concludes by recommending that FinTech firms adopt strategic, proactive approaches to cybersecurity, emphasizing the importance of MFA, AI, and regulatory compliance to protect digital finance and ensure trust across the financial ecosystem.

Keywords

Subject Classifications

68M2591B3094A6093A30

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