Cybersecurity model for mobile and web application banking sectors.

Abstract

Cybersecurity risk has an impact on a company’s bottom line, just like financial and reputational threats do. Banking cybersecurity is becoming a key concern as the world transitions to a digital economy. Using data-protection methods and processes is important for a successful digital revolution. The Cybersecurity model is essential for banking industries. The findings of the research result in a higher level of cybersecurity model being implemented in banking sectors. Thus, banks will have an easier workload ensuring that they adhere to the required procedures in order to forestall the occurrence of cybercrime within their own institutions.