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Cybersecurity governance and digital finance: Evidence from sovereign states

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  • Cheng, Shihui
  • Li, Jing
  • Luo, Lai
  • Zhu, Yumin

Abstract

Digital finance provides unprecedented development opportunities for countries, especially in times of epidemic, and digital transformation has become an important means of accelerating economic development and maintaining social stability. However, digital finance relies on Internet infrastructure, and cybersecurity challenges have increased, bringing severe security risks to digital finance. Therefore, safeguarding network security has become a key cornerstone for the development of digital finance. This paper analyzes and explores the main cybersecurity problems faced in the era of big data from the perspective of the current development status of digital finance, and at the same time shows some new initiatives currently underway in the international arena in order to meet the challenges posed by cybersecurity and to help navigate the sustainable development of global digital finance.

Suggested Citation

  • Cheng, Shihui & Li, Jing & Luo, Lai & Zhu, Yumin, 2024. "Cybersecurity governance and digital finance: Evidence from sovereign states," Finance Research Letters, Elsevier, vol. 65(C).
    • Handle: RePEc:eee:finlet:v:65:y:2024:i:c:s1544612324005634
    DOI: 10.1016/j.frl.2024.105533
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    References listed on IDEAS

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