Безпека корпоративної інформації в екосистемі FinТech

Vitalii CHUBAIEVSKYI; Svitlana VOLOSOVYCH

doi:10.31617/zt.knute.2021(119)08

Authors

Vitalii CHUBAIEVSKYI State University of Trade and Economics https://orcid.org/0000-0001-8078-2652
Svitlana VOLOSOVYCH State University of Trade and Economics https://orcid.org/0000-0003-3143-7582

DOI:

https://doi.org/10.31617/zt.knute.2021(119)08

Keywords:

corporate information systems, ecosystem, financial technologies, cybersecurity.

Abstract

Background. With the intensification of digitalization processes, the use of FinTech tools by various business entities, which include both financial service offerors and their consumers, is becoming especially important.
Analysis of recent researches and publications. The works of many scientists are devoted to the functioning of various aspects of corporate information systems. However, there is currently a lack of research on the feasibility of using financial technology instruments by business entities, their threats and security for corporate information systems.
The aim of the article is to study the place of FinTech tools in the corporate information system, identify threats to their use and ensure the security of their operation.
Materials and methods. The theoretical and methodological basis of the study are the works of domestic and foreign scientists on the functioning of corporate information systems and FinTech ecosystems.
Results. The basis of digital transformation is the use of innovative technologies in the financial services market. This leads to the appropriate transformation of information systems of business entities and ensuring their security. There is an intensification of business use of digital banking services, digital insurance, payment platforms, raising funds through crowdfunding platforms, investing. The FinTech ecosystem within the sectoral approach should be understood as the areas of application of financial technology instruments, the services of which are used by various consumers, in particular, business entities, individuals, public authorities.The increasing digitalization of financial activities of business entities as a result of the Covid-19 pandemic has intensified the creation of additional challenges for corporate information systems for the implementation of cyber risks.
Conclusion. The use of financial technology tools by business entities leads to the formation of FinTech ecosystems. Ensuring the security of information systems is the key to corporate stability. The challenge of countering cyber threats is not only for financial service offerors, but also for business entities that are their consumers, as the use of financial technology tools in financial transactions causes risks to all participants in the FinTech ecosystem.

Author Biographies

Vitalii CHUBAIEVSKYI, State University of Trade and Economics

Candidate of Political Sciences, Associate Professor, Associate Professor at the Department of Software Engineering and Cybersecurity, Director of the Directorate of Strategic Planning and European Integration of the Ministry of Internal Affairs of Ukraine

Svitlana VOLOSOVYCH, State University of Trade and Economics

Doctor of Economics, Professor, Professor at the Department of Finance

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