Ways to Improve Protection Against Cyber Crime in the Banking Sphere

Abstract

In today's world, countries have managed to introduce and adapt their basic institutions to the digital economy, operate successfully in the global market and show high results in world rankings, which has a positive impact on various spheres of life, from education to economics. The digitalization of the banking sector has been stimulated by a number of factors, which has led to the need to improve and innovate the banking sector; the spread of the mobile Internet. It should be noted that the rapid development of information technology is constantly creating new types of services, including in the financial sector, as a result of which, criminals have financial or other material benefits in the form of illegally obtained income, which in turn leads to completely new fraudulent online schemes. One of the main factors contributing to cybercrime is the low level of digital literacy of the population regarding personal cybersecurity, especially when using banking products. Some people do not have simple computer skills. Therefore, the priority for our country should be two areas in the fight against cybercrime: actively informing the public about new types of banking services on the Internet and updating legislation in this area to combat crime in cyberspace.