Financial Security System Research Articles

Assessing cybersecurity risks and prioritizing top strategies In Vietnam's finance and banking system using strategic decision-making models-based neutrosophic sets and Z number

The financial and banking system in Vietnam is currently confronted with a myriad of cybersecurity risks, a matter of paramount concern for the government, businesses, and individuals alike. These risks threaten the financial system's security, reliability, and integrity, potentially resulting in significant economic losses. This research endeavors to identify the prevailing cybersecurity risks in Vietnam's financial and banking system, assess their impact, and elucidate the interrelationships among these risks. Employing the Multi-Criteria Decision Making (MCDM) approach, the study integrates the DELPHI technique, Decision-Making Trial and Evaluation Laboratory (DEMATEL), and Combined Compromise Solution (COCOSO) methods, complemented by Neutrosophic Sets (NS) and Z-number concepts to enhance the accuracy and reliability of the findings. The research findings reveal the existence of 15 cybersecurity risks in Vietnam's financial and banking system, with Malware Infections and Supply Chain Vulnerabilities emerging as the most consequential risks. Moreover, the study identifies investing in advanced threat detection systems as the optimal strategy for mitigating cybersecurity risks in Vietnam. The results underscore the importance of addressing these critical risks to safeguard the financial infrastructure, focusing on deploying robust cybersecurity measures to enhance overall system resilience.

MANAGING HUMAN RESOURCES IN CONDUCTING FOREIGN ECONOMIC ACTIVITIES: ENSURING FINANCIAL SECURITY IN TOURISM INDUSTRY ENTERPRISES

Within the scope of this article, it is proposed to evaluate human resource management in the context of ensuring financial security at tourism industry enterprises. Accordingly, it is noted that the object of study is the human resource management system and the financial security system. The task is to present a methodological approach that, through surveying, calculating an integral indicator, and evaluating the most significant components, can effectively assess the level of human resource management in tourism enterprises. For this purpose, the methodology adopts several methods including expert analysis and integral evaluation. It is proven that the formation of an appropriate group of indicators and their subsequent grouping will facilitate an effective reflection of a single integral indicator for evaluating human resource management in the context of ensuring financial security at tourism industry enterprises. It is established that tourism industry enterprises are highly active in foreign economic activities, and in this context, the issue of financial security and management systems plays a paramount role. As a result, a group of experts and tourism industry enterprises were selected. The most significant indicators were distinguished and the corresponding calculations were conducted. As a result, it was established that a significant number of tourism industry enterprises fall short of a high level of human resource management, which poses a direct threat to their financial security during foreign economic activities. The presented process of evaluating human resource management in the context of ensuring financial security at tourism industry enterprises may find its practical application in the context of the activities of key security subjects. Limitations include not considering all possible indicators and focusing only on one industry, specifically the tourism industry.

NATIONAL INTERESTS OF UKRAINE IN THE FIELD OF FINANCIAL SECURITY

The article investigates the system of financial security in Ukraine and its national interests in this domain. It proposes to consider the financial security of the state as ensuring the development of the financial system and financial relations, as well as economic processes, creating the necessary financial conditions for the socio-economic and financial stability of Ukraine's development, maintaining the integrity and unity of the financial system (including the monetary, budgetary, credit, tax, and currency systems), and successfully overcoming internal and external threats to the country in the financial sphere. It is substantiated that financial security reflects the state and readiness of the state's financial system for timely and reliable financial support of economic needs on a scale sufficient to maintain the necessary level of economic and military security of Ukraine. It is proven that the most important national interests of Ukraine in the financial sphere include: supporting state expenditures in accordance with available resources; ensuring targeted financing of state programs (primarily social ones); investing in the field of high-tech and knowledge-intensive production; mitigating the impact of global financial crises on the national economy; overcoming discrepancies regarding the distribution and use of budgetary resources; strengthening measures to restrain inflationary processes in the economy and maintaining a stable high exchange rate of the national currency; countering illegal capital outflow abroad; attracting foreign investments (especially long-term ones in the industrial sector of the economy); adopting effective regulatory legal acts ensuring the normal functioning of the country's financial system; building an effective law enforcement mechanism to protect state finances from the influence of criminal activities and encroachments.

Evaluating financial risk management in corporation financial security systems

Systemic risks are relevant to most segments of financial and economic activity, which creates the threat of financial instability of enterprises. Financial security, in this case, implies the state of financial soundness; it is expressed through various parameters including the level of solvency, financial stability, business activity, and efficiency of management. These questions are specific to each indicator, and this paper aims to understand their relations and how changes in them can result in risks. It elaborates the risk analysis and assessment procedure that uses a set of common financial analysis tools and determines key financial coefficients. Liquidity ratios, solvency ratios, profitability ratios, and the risk exposure metrics are the key areas that the research is based on. Correlating the financial indicators from a rich dataset from Yahoo’s Stock market data, regression analysis is used to determine these relationships between these indicators and risk management factors. A positive relationship between liquidity ratios and profitability is detected points to the fact that, firms with high liquidity levels are more capable of attaining good financial health and returns. It establishes the need for the development of a credible risk management structure that would lower threats to fiscal and economic activities. In light of this, the research shows that the liquidity and solvency management lowers financial risk and improves return for companies. The regression analysis was conducted to ascertain the degree of predictability of each independent variable to the dependent variable and the findings revealed that approximately 94 percent of each independent variable is predictable of the dependent variable that able to establish as much as 5% of the total variability in profitability, with the PE ratios being an indication of this aspect, was attributed to stock prices, as a result, the firm must be keen on its financials. This paper explores the employability of the proposed methods and models to assess the risks with high accuracy and supports optimum decision making in regard with the needed security of the enterprises. By adopting these methodologies, the businesses can observe and estimate risks which exist in the future which would help them to avoid certain issues or dangers and also pave the way for the improvements of the financial stability of the businesses. On this note, the study establishes the fact that incorporating the notion of total risk management into the framework of analyzing business and making financial decisions is inevitable in maintaining corporate financial stability and realizing perpetual economic solidity. This research enriches the literature on financial risk management, as it outlines viable strategies for the protection of enterprise financial sustainability.

Strategic Management of Financial and Economic Security: Modern Challenges and Threats in a Hyperdynamic External Environment

The main purpose of the article is to increase the efficiency of strategic management of the financial and economic security of a modern enterprise in the face of new challenges and threats. The object of the study is the system of financial and economic security of a modern company. The scientific task is to assess modern surpluses and threats in the system of ensuring the financial and economic security of an enterprise. The research methodology involves the use of modern methods of system analysis, pairwise comparison and hierarchical analysis to assess challenges and threats. As a result, a matrix of the most significant challenges and threats in the system of ensuring the financial and economic security of a modern enterprise was built. The innovativeness of the results obtained is revealed through the proposed methodological approach to assessing and streamlining challenges and threats in the system of ensuring the financial and economic security of a modern enterprise.

Using Adaptive Potential to Counteract Crisis Situations in the Context of Ensuring Financial Security and Business Sustainability of Enterprises

Abstract The main purpose of the article is to identify key factors of adaptive potential that can have a significant impact on counteracting crisis situations and increasing the level of financial security and business resilience of enterprises. The object of the study is determination of the factors of adaptive potential that directly affect the system of financial security and business sustainability of a enterprise. The scientific task is to model the hierarchical ordering of the key factors of adaptive potential according to the level of their significance in influencing crisis situations in the context of ensuring the financial security and business sustainability of enterprises. The research methodology involves the use of expert analysis methods with the additional use of the Delphi method, the method of hierarchical analysis, and graph theory. As a result of the study, a list of the most significant factors of adaptive potential for countering crisis situations was presented. As a result, the factors of adaptive potential are hierarchically ordered from the most significant to the least significant in ensuring the financial security of the enterprise. The innovativeness of the results obtained is revealed through the proposed approach to modeling the determination and order of factors of adaptive potential to counteract crisis situations. The study is limited by not taking into account the specifics of specific enterprises. Prospects for further research are aimed at taking into account the specific type of activity of enterprises for a specific country.

IMPACT OF CRIMINAL OFFENSE IN THE ECONOMIC FIELD ON THE LEVEL OF FINANCIAL SECURITY: FORMATION OF A MODERN APPROACH IN CASE OF JORDAN

The main purpose of the article is to develop a theoretical and methodological approach to determining the influence of criminal crime factors in the country on the level of financial security of the state. For this purpose, the key object of study is the Jordanian financial security system. The scientific task is to establish possible relationships between the level of criminalization of the economy in the country and the security of the financial sector. The research methodology involves the use of the method of correlation and regression analysis, the use of special software for working with data analysis, the F-criterion modeling method, the Hoerl model, and an abstract logical method for summarizing the research results. Conclusions about the state and trends of the Corruption Perception Index in Jordan were analyzed and made. A calculation of the level of financial security of Jordan over the past five years is presented. Based on the results of the study, it was proven that the influence of economic crime and criminal offenses in the economy as a whole have a direct significant impact on the level of quality of life of the population of Jordan and financial security in general. The urgent need for shadowization of the Jordanian economy has been proven in the context of increasing the level of its financial security, which is aimed at reducing such criminal offenses as corruption and deep shadowing due to criminal activity. It was established based on the results of calculations that an increase in the level of financial security in Jordan has a direct impact on changes in the level of quality of life of the population in the country. The study is limited by taking into account the specifics of only one country - Jordan. Future research prospects aim to address this limitation and include more Middle Eastern countries.

Measurement and influencing factor analysis of the matching degree between agricultural scientific and technology innovation and rural industry integration under the sustainable background

Agricultural scientific and technological innovation and rural industry integration are the key contents of promoting agricultural and rural modernization in China. This study empirically analyzed the matching relationship between the two and its influencing factors, and found that the matching degree between agricultural scientific and technological innovation and rural industry integration in China showed a steady upward trend in the sample period. Both China as a whole and all regions completed the upgrading from moderate to high matching in the sample period, The performance of each region is also excellent. In 2020, the matching degree of 28 regions will enter a high matching range. The implementation of the rural revitalization policy will help to improve the matching degree between China’s agricultural scientific and technological innovation and rural industrial integration. The scale of rural financial development and the matching degree of lagging one period also have a significant positive impact on the improvement of the matching degree. This study further proposes relevant policy recommendations from improving the supply level of agricultural scientific and technology innovation, enhancing the adaptability between supply and demand of agricultural scientific and technology innovation, improving the policy support system, and optimizing the financial security system.

Information component of ensuring the enterprise financial security

In modern conditions, the information security of an enterprise is an important component of its financial security, since information is an integral part of the context of enterprise modernization with a view to competing in the market. Neglecting the processes of information risk management may cause the enterprise to lose intangible assets, which will lead to destabilization of financial security at the enterprise and the inability to maintain its own competitiveness in the future. The aim of the article is to find approaches to prevent information risks, determine the algorithm of actions for diversifying information risks at different levels of information support, and develop a set of measures to protect the information system for the financial security of an enterprise. The research is based on general scientific methods. In particular, the systematic approach was used to describe the essence of financial security as an economic category; methods of scientific abstraction and synthesis were used to determine the directions of the potential impact of information risks; and generalization was used to draw conclusions. The information base consists of the research papers of Ukrainian and international scholars. The article studies information support of an enterprise. The measures to prevent information risks in the system of enterprise financial security are considered. The scheme of information support of enterprise financial security has been developed.

STRATEGY AND IMPORTANCE OF DEPOSIT INSURANCE SYSTEM IN GEORGIA

Georgia is a country that has chosen the path of development of European integration and, taking into account European practice and experience, introduced a deposit insurance system in the country at the cost of certain risks. From the point of view of socio-economic development in Georgia, the introduction of the deposit insurance system and its complete formation was related to the strengthening of the financial security system, the protection of depositors and the prevention of systemic crisis in the banking sector.
 The main goal of the paper is to study and analyze the strategy and importance of the deposit insurance system in Georgia and its economic and financial effects, both for the country and for the wide circle of users interested in this system. However, the problem lies in the fact that, despite the sharing of theoretical and practical experiences of various countries of the world, the mentioned issues still require refinement and formation as a final result.

MODERN APPROACHES TO THE DEFINITION OF "FINANCIAL SECURITY ENTERPRISES"

The high turbulence of the external and internal environment, as well as the existing threats and risks that have an impact on the stability of the functioning of enterprises, together with the emergence of new factors, encourage enterprises to search for more effective tools and mechanisms to increase the level of their own financial security. The purpose of the article is the analysis of existing approaches to the definition of "financial security" and the study of the main tasks facing the company's financial security system. Methods. Abstract methods are used in the article - for the sake of theoretical generalizations and research conclusions, as well as analysis and synthesis - during the systematization of scientific approaches and the identification of the essential characteristics of the financial security of the enterprise. Results. The article analyzes and structures theoretical approaches related to the category "financial security of the enterprise". The main aspects of the theoretical study of the financial security of the enterprise and their essential features are considered. His own vision regarding the definition of "financial security" is proposed, under which the author understands a system of measures and tools aimed at ensuring the financial interests of the enterprise and the growth of its market value, timely identification and leveling of risks to protect against potential threats. Scientific approaches to the definition of "financial security of the enterprise" that were reflected in the works of domestic scientists are systematized. As a result, the essential characteristics of this concept were identified, which included: reduced possibility of misuse of financial resources; a component of economic security of the enterprise; a state that ensures protection of financial interests from real and potential threats and characterizes financial balance, stability, solvency and liquidity; the ability to effectively and stably carry out its activities or to effectively use the enterprise's potential and resources; the enterprise's ability to independently develop and implement a financial strategy; a system of balanced development at the enterprise; risk management activities of the enterprise. Conclusion. The need and expediency of implementing a financial security system at the enterprise as an effective tool to ensure its stability and stable functioning is argued. The practical significance of the article lies in the use of theoretical generalizations and conclusions to build a structurally coherent understanding of the mechanism of financial security at the enterprise.

An introduction of transaction session‐induced security scheme using blockchain technology: Understanding the features of Internet of Things–based financial security systems

AbstractInternet of Things (IoT)–based financial systems leverage the capabilities of blockchain and artificial intelligence (AI) to enable seamless transactions and data exchange between devices. IoT‐based financial systems involve interconnected devices and services, such as payment terminals, wearables, and smart appliances, which collect, transmit, and process sensitive financial information. The study explores security methods incorporated in the financial systems designed using IoT and blockchain technologies to improve the background features. The study data were gathered from Complaint Data from the Consumer Financial Protection Bureau 2018–2022, and data‐based analysis is used in this study for detecting illegitimate interrupted transactions. Propensity Score Matching (PSM) is used for the robustness and endogeneity test; descriptive statistics is utilized in this study. Financial security systems are introduced to reduce the forging and breaching of intruders amid transactions. This study offers a novel contribution to the field of blockchain technology by furnishing a comprehensive analysis of the features of IoT‐based financial security systems from the perspective of the transaction, broadening the understanding of the feature focusing on financial security, and providing practical recommendations to address the features of IoT‐based financial security systems in blockchain technology. The study highlights how IoT devices can securely record and verify financial transactions by leveraging the blockchain's distributed ledger, preventing tampering or unauthorized access. The results of the study identify that the TS3 program relies on the transaction gaps between financial sessions, security requests between successive transactions, and sessions saved depending on the time delay. The study finds that sessions were analyzed for violations and fraud using information stored on the blockchain. The study suggests the design and building of devices and sensors in an IoT in financial security systems. Transparency should contribute to setting data privacy and safety problems in financial security systems.

Аналіз світового досвіду забезпечення фінансово-економічної безпеки суб’єктів господарювання

The article analyzes the international experience of ensuring the financial and economic security of economic entities. It is specified that the financial and economic security of an economic entity is a multidimensional dynamic system, which consists of certain internal elements that are designed to ensure the effective use of enterprise resources in each direction of its activity. It is noted that the analysis of foreign experience in ensuring the financial and economic security of economic entities reveals a variety of approaches and methods that can be useful for improving the system of financial and economic security in Ukraine. In general, foreign experience shows that the integration of a comprehensive regulatory framework, modern technologies, effective monitoring and crisis management systems, as well as regular audits and education are key elements for ensuring the financial and economic security of economic entities. The integration of these practices can significantly improve the system of financial and economic security in Ukraine, ensuring its stability and sustainability. The existing models of ensuring the financial and economic security of economic entities in different countries over the world are considered. It is determined that the system of ensuring financial and economic security in the United States is complex and integrated, with a clear division of functions between different regulatory bodies and the use of latest technologies for monitoring and management of financial risks. Thus, in each of the countries studied, financial and economic security is ensured through a combination of national regulatory bodies, international standards and practices, which allows creating a reliable and sustainable system not only of economic entities, but also of the country as a whole. It is concluded that approaches to financial and economic security may differ from country to country, but common features are the presence of specialized regulators, the role of central banks, mandatory audits and the use of stress tests. In turn, national laws, regulatory structures and approaches to crisis management cause significant differences. The study of international experience has proved that the introduction of effective methods and practices of other countries can significantly improve the system of financial and economic security in Ukraine. This may include introducing new regulatory standards, improving technology infrastructure, and increasing transparency in financial management.

FINANCIAL SECURITY MANAGEMENT OF ENTERPRISE: BIBLIOMETRIC, THEORETICAL AND METHODOLOGICAL ANALYSIS

This study is devoted to the development of scientific foundations on the issue of managing the financial security of the enterprise that is relevant today. The purpose of the article is to identify the priority vectors and trends of interdisciplinary research on the financial security management of the enterprise and to generalize on their basis the theoretical and methodological principals of its formation and maintenance. With the use of the tools of the Scopus scientometric database, a bibliometric analysis is carried out, a sample from 2022 publications is selected, the dynamics of their indexing for 1996–2023, geographical and subject affiliation, etc. are analysed. With the help of the VosViewer software toolkit, a key word map is built, on the basis of which five clusters of interdisciplinary studies are formed and characterized, within which the issue of managing the financial security of the enterprise is studied, namely: economic sectors, enterprise, and sustainable development; computer science, information, and security; management, finance, and marketing; management and various performance criteria; forecasting and modelling. Scientific approaches to understanding the essence of the concept of financial security are summarized and grouped according to four key aspects as a state of effective use of enterprise resources; a state of protection of the interests of commercial entities; a process of enterprises achieving a certain state; a stable and dynamic provision of the system of financial resources. It is understood as the ability to effectively and stably carry out economic activities based on a complex of interrelated financial diagnostics, tools and means of control, to optimize the use of available resources, ensure their reasonable level, reduce the impact of internal and external environmental risks. The structural components of the formation of the company’s financial security system are analysed, and the mechanism of its provision is characterized. Particular attention is paid to methods of assessing the level of financial security of the enterprise. The obtained results will contribute to the further development of the scientific principles of managing the financial security of the enterprise and may be useful to a wide range of stakeholders.

A Security Assessment Strategy for Corporate Financial Systems Based on Data Mining Techniques

Abstract The security assessment of corporate financial systems has become a popular area of research, although few results have been published so far. This research focuses on integrating the association rule algorithm with Bayesian networks to evaluate the security of corporate financial systems. It primarily employs Bayesian networks to calculate the conditional probability, prior joint probability, and posterior probability of each attribute node in the IDRI-Tree to assess the security of the company’s financial system. Additionally, abnormal data from Company A’s financial system were collected to evaluate the method’s effectiveness. The results indicate that Company A’s financial system has data discrepancy compliance rates of 98.92% and 96.50%, respectively. The security assessment scores for monitoring, evaluation, and assessment in financial system security are the lowest, averaging 1.41, while the scores for payment, service, and support are the highest, averaging 3.32. The financial system security assessment method proposed in this paper demonstrates high practical value and offers a reference for the future establishment and improvement of financial system security assessment methods.

СКЛАДОВІ СИСТЕМИ УПРАВЛІННЯ ФІНАНСОВОЮ ЕКОНОМІЧНОЮ БЕЗПЕКОЮ

The article is devoted to the study of the management system of financial and economic security, which is an important aspect for the stability and prosperity of any organization or country. It covers the analysis of various components of this system, including the identification and assessment of financial risks, the establishment of effective monitoring and control mechanisms, the development of financial management strategies, ensuring compliance with legislation and the implementation of technological innovations. Not only the financial component of economic security is considered here, but also innovative-technological, energy, food, social and foreign economic. Analysis of the components of the financial and economic security management system helps to identify potential threats and weak points in financial processes, as well as to develop strategies for their effective management. For the security of the company, the issue of its stable position in the sales market to receive predictable revenue from the sale of products; stable relationships with financial intermediaries, both creditors and investors, to ensure the financial independence of the company; and access to innovation and information are relevant. Secondary factors are those that do not have a direct impact on the company's operations but also carry risks, such as socio-cultural factors, the state of the economy, the degree of development of international relations and regulatory and legal provisions for business activities. The analysis of the components of the financial and economic security management system is a key step in ensuring the stability and reliability of financial processes in an organization or country as a whole. This analysis includes an assessment of various aspects that affect financial and economic security and can be divided into the following components: financial risks, financial monitoring and control, strategic planning, legal information and compliance, and technological innovation. This analysis helps organizations and countries identify weaknesses in their financial systems and develop strategies to mitigate risks and ensure resilience and security.

РОЗВИТОК ТЕОРЕТИЧНИХ ЗАСАД СУТНОСТІ ФІНАНСОВОЇ БЕЗПЕКИ БАНКІВСЬКОЇ СИСТЕМИ

In the current economic environment, characterized by a high level of instability and risks, the issue of financial security of the banking system is of particular relevance. The banking sector, being a key element of the country’s financial system, plays a crucial role in ensuring economic growth and stability. Today, the Ukrainian banking system is going through rather difficult times, mainly due to military operations and political instability, which creates preconditions for new challenges and threats it has never faced before. All this indicates that now, more than ever, it is necessary to pay considerable attention to ensuring the sustainable functioning of the banking sector, as it is a key element in the formation and maintenance of the financial security of the state as a whole. The problem of ensuring the financial security of banks under martial law in Ukraine is a new area of research for the Ukrainian community of scholars. The current situation in the scientific support of the formation of the financial security system of commercial banks in Ukraine indicates conceptual miscalculations. The banking sector, which actually exists as a holistic phenomenon, does not have a complete adequate theoretical and methodological systemic reflection. There is also no full-fledged methodological framework for solving specific problems of protecting banking institutions. There is also a lack of research on clarifying basic concepts. For example, there is no scientifically based concept and mechanism for ensuring the financial security of banking activities, no systematic description of the types and content of threats to the financial security of banking institutions, no thorough description of financial regulators of the security and stability of the banking system. At the same time, a clear definition of the essence of the financial security of the banking system depends on: identifying and classifying threats; forming a system for ensuring the financial security of banking institutions; clarifying the place and role of various actors in this system; and a reasonable formulation of their tasks and functions. Therefore, the study of the theoretical foundations of the essence of financial security of banks is critical for the development of effective mechanisms for protection and management of all risks in the banking sector.

ANALYSIS OF RISKS IN THE FINANCIAL SECURITY MANAGEMENT SYSTEM OF BUSINESS ENTITIES

Financial and economic activity is exposed to numerous systemic risks, which are a threat to the financial security of enterprises. The criterion for ensuring financial security is the appropriate level of the company's financial condition. The financial condition of the enterprise is a complex concept and is characterized by the system of indicators – financial coefficients: indicators of liquidity, financial stability, business activity, and management efficiency. The interrelationship and mutual determination between the indicators that cause the occurrence of risk when one of them changes is established.A range of factors that comprehensively characterize the financial and economic activity of the enterprise has been determined and developed risk analysis and assessment methodology, which includes the following stages: preparatory stage; construction of an algorithm for quantitative assessment of risk in the financial security system; interpretation of the results of an integrated risk assessment in the financial security system; determining the priorities of risk management in the system. The methods of financial analysis (horizontal, vertical, coefficient, analysis of business activity and financial stability) were applied and a quantitative assessment of risks was carried out. The indicators-coefficients of the enterprise's functioning are calculated and given an interpretation.The conclusion was formed that the construction of an effective risk management system and its universal functional component of risk analysis are current issues, as they allow to develop a set of measures to minimize threats and risks of conducting financial and economic activities of economic entities. Therefore, the correct assessment of risk with the help of the proposed methods and models of financial analysis for individual economic situations and business entities is effective and has value, as it gives the opportunity to make the optimal decision in specific situations and characterizes the criterion feature of financial security of industrial enterprises – liquidity, financial stability, business activity, profitability.

Data Security Issues and Countermeasure Suggestions for Financial Big data: A Literature Review

Financial Big Data is a contentious topic that needs to be addressed because it is having an increasingly negative impact on people's everyday lives, work habits, and thought patterns. The leakage of financial big data is just one of the issues that financial big data is now dealing with. As a result, the study focus of this work is on the data security problems and solutions related to financial big data. This paper summarizes four main categories of data security issues related to financial big data: attacks on financial big data, data leaks related to financial big data, issues with the reliability of financial big data, and issues with access control related to financial big data. Based on these four problem categories, it searches the literature and organizes the suggested solutions as follows: pay attention to the development of financial data security systems in a big data environment, strengthen education and training, increase the da-ta security awareness of various roles, optimize the processing of big data, and strengthen the storage security of big data by strict user access control. This paper's thought and research also reveal that while financial big data does provide data security issues, it also serves as the primary means of addressing the issue itself. Less research has been done on using financial big data as a countermeasure in and of itself. In the future, we should focus on financial big data itself and explore ways to use financial big data as a countermeasure to data security problems.

МЕТОДИЧНІ ЗАСАДИ АНАЛІЗУ ЕФЕКТИВНОСТІ МЕХАНІЗМУ УПРАВЛІННЯ ФІНАНСОВО-ЕКОНОМІЧНОЮ БЕЗПЕКОЮ ПІДПРИЄМСТВА

Actualization of the need to monitor the effectiveness of the financial and economic security system is primarily a consequence of the objective analysis of the effectiveness of the relevant mechanism. The purpose of the article is to determine the methodological principles of the analysis of the effectiveness of the mechanism of managing the financial and economic security of the enterprise in conditions of instability of the internal and external environments. The subject of the study is the mechanism of managing the financial and economic security of the enterprise. Research methods: analysis and synthesis, comparison, grouping and analogies, deduction, economic and mathematical modeling. The hypothesis of the study is that the effectiveness of the financial and economic security management mechanism of the enterprise in conditions of dynamic external environment depends on the objective information support for management decision-making thanks to the operational monitoring of the identification of the main objects of protection against potential threats. Presenting main material. The article examines the financial and economic security of the enterprise as one of the most important components of economic security. The features of managing financial and economic security in the conditions of the financial crisis and related internal and external threats to the enterprise are revealed. The system of financial and economic security of the enterprise is presented as one that reflects the level of the company's financial situation, is characterized by resistance to the influence of threats from the internal and external environments, and is aimed at the effective use of the enterprise's resources. That is why it is important for the management of financial and economic security to have a deep understanding of threats, which are systematized as threats from the external and internal environments. A structural and functional model of the development of the management mechanism of the financial and economic security of the enterprise is proposed. The algorithm for controlling the financial and economic security of the enterprise has been improved, which is primarily focused on monitoring the implementation of the financial and economic security management program aimed at neutralizing threats to financial and economic security from internal and external environments. Based on the generalization of domestic and international experience, the main tasks of state administration bodies to ensure effective management of the financial and economic security of the enterprise, taking into account modern challenges, are structured. In total, the structured methodological principles of the analysis of the effectiveness of the financial and economic security management mechanism of the enterprise create an information basis for making management decisions based on the identification of the main objects of protection and potential threats. Originality and practical significance of the research. The practical value of the research lies in the fact that the obtained results in the form of a structural-functional model for the development of the mechanism for managing the financial and economic security of the enterprise and the algorithm for controlling the financial and economic security of the enterprise are suitable for practical application by enterprises in conditions of dynamic changes. At the same time, the complex result of the development of methodological principles for the analysis of the effectiveness of the mechanism of managing the financial and economic security of the enterprise was tested on the example of the case of the enterprise in the medical field using correlation-regression analysis. In further investigations, the developed methodological developments can be used to develop a system of adaptive management of enterprises in conditions of uncertainty. Сonclusions and prospects for further research. Management of financial and economic security is an integral part of the successful functioning of the enterprise in modern dynamic conditions. Currently, this is the main element of enterprise management, which allows to comprehensively influence the financial condition, providing the ability to effectively use financial resources, competently manage threats, to achieve effective development and implementation of the enterprise's strategy in the present and future. Correlation-regression analysis allows you to determine which financial indicators are the most influential on the level of financial and economic security of the enterprise.