Enhancing cybersecurity in Moroccan banking: A strategic integration of AI, blockchain, and business intelligence

Abstract

The rapid digitization of the banking sector in Morocco has significantly transformed financial services, enhancing accessibility and convenience for customers. However, this shift has also introduced substantial cybersecurity challenges, as financial transactions and sensitive data increasingly migrate online. This paper examines the critical cybersecurity threats facing Moroccan banks, including data breaches, identity theft, and fraud, while highlighting the inadequacies of traditional security measures in addressing these modern threats. To combat these challenges, we propose an integrated cybersecurity strategy that leverages Artificial Intelligence (AI), Blockchain technology, and Business Intelligence (BI). This approach aims to enhance real-time threat detection, secure transactions, and optimize decision-making through data-driven insights. By adopting this comprehensive framework, Moroccan banks can strengthen their cybersecurity posture, protect customer data, and foster trust in an increasingly digitalized financial ecosystem. The paper concludes with a discussion of the implementation strategies necessary for successfully integrating these technologies into banking operations, emphasizing the importance of collaboration, innovation, and adaptability in navigating the evolving cybersecurity landscape.