Paper Contents
Abstract
The widespread use of digitalization, mobile banking, and online payment systems in the modern banking industry has increased cybersecurity challenges while also bringing unparalleled convenience. This study focuses on issues such as traditional methods, employee and customer ignorance, and the need for advanced security measures. The main goals of this research are to identify and analyze cybersecurity challenges in modern banking, assess the role of emerging technologies in enhancing cybersecurity, identify the difficulties public and private banks face in putting strong cybersecurity measures in place, and evaluate the efficacy of regulatory frameworks while offering workable solutions. It emphasizes the vital role of emerging technologies like artificial intelligence, blockchain, and real-time threat detection systems in risk mitigation.In order to find gaps and opportunities for development, the study also looks at the regulatory environment, including guidelines set by the Reserve Bank of India and international norms. The report emphasizes the necessity for banks to take a proactive stance by thoroughly examining these issues and suggesting remedies, which may include improving cybersecurity infrastructure, strengthening public-private cooperation, and promoting extensive awareness campaigns. Building a safe and robust financial environment that can survive the ever-changing panorama of cyberthreats in the digital era requires addressing these issues.Keywords: Artificial intelligence (AI), Mobile banking, and Cybersecurity
Copyright
Copyright © 2025 Bino B. This is an open access article distributed under the Creative Commons Attribution License.
