Increasing the Economic Security of Information Banking Systems

Abstract

Purpose/Tasks: The purpose of the article is to search for new solutions for increasing the economic security of information banking systems. As a result of 2017, the number of incidents in information systems of credit establishments, payment systems, and bank accounts grew. Cyber threats become the main problem of the current processes of society’s informatization and its financial systems. In this situation it is very difficult to choose between the necessity for intensification of implementing the innovational online tools in work for increasing the bank’s competitiveness and increasing the protection level of online systems. Statistics show that cyber attacks become more frequent each year. High integration of the banking system in all spheres of economic life of society dictates the necessity for increasing its protection from external threats. According to the set goal, the following tasks are set and solved: evaluation of quality and volumes of services for bank customers with the usage of information systems of remote access; analysis of situation with cyber crimes in Russia; consideration of the existing mechanisms and systems of provision of economic security of bank accounts; development of directions of implementing information security of bank payment systems. Methodology: The authors use the methods of vertical, horizontal, financial, and trend analysis of the data array for evaluating the dynamics and tendencies of development of cyber crimes in the banking sphere. For formation of conclusions and recommendations, the methods of systematization, analogy, and comparison are used. Results: in the modern world of high-tech, cyber crimes become an important threat to economic security of a state. The authors assess the scales of economic crimes that include intrusion into banks’ information systems. Systems of protection are considered and directions for increasing the economic security of the credit and financial sector of the state are given. Conclusions/significance: This work is peculiar for systematization and complex substantiation of the current digital transformation in the financial world and substantiation of the necessity for modernizing the existing systems of provision of economic security.