Protection of Banking 5.0

Bernardo Nicoletti ()
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Bernardo Nicoletti: Temple University

Chapter Chapter 14 in Banking 5.0, 2021, pp 401-430 from Palgrave Macmillan

Abstract: Abstract Cyber security is an increasing concern in today world. This is true in general, but especially in the case of banking 5.0 due to the expanded and extended use of Artificial Intelligence, robotic processing automation, and sustainability. Any business model cannot consider these aspects. This chapter consider in details the cyber security aspects of banking 5.0. It is labeled Protection in banking 5.0 since it really has the objective to protect banking from external threat and, in the event that they can penetrate, limit and remediate the damage. The chapter considers also the protection of data privacy and the new organizations, such as regtech and suptech, which can help banking in complying with the new, massive, and extensive regulations in banking.

Keywords: Cyber security Artificial Intelligence Machine Learning; Fraud detection; GDPR PSD2 Data Privacy Resilience Compliance; Regtech Suptech; Costs (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-75871-4_14

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DOI: 10.1007/978-3-030-75871-4_14

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