Data security challenges and countermeasures in financial technology

While financial technology brings opportunities to the financial industry,it also brings new challenges.With the rapid development of financial technology,the big data explosion caused by the digitalization,networking and intelligence of financial services has put forward new and greater requirement...

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Main Authors: Jianming ZHU, Hongrui YANG
Format: Article
Language:English
Published: POSTS&TELECOM PRESS Co., LTD 2019-08-01
Series:网络与信息安全学报
Subjects:
Online Access:http://www.cjnis.com.cn/thesisDetails#10.11959/j.issn.2096-109x.2019044
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author Jianming ZHU
Hongrui YANG
author_facet Jianming ZHU
Hongrui YANG
author_sort Jianming ZHU
collection DOAJ
description While financial technology brings opportunities to the financial industry,it also brings new challenges.With the rapid development of financial technology,the big data explosion caused by the digitalization,networking and intelligence of financial services has put forward new and greater requirements for data security governance.Based on the analysis of the status quo of financial technology development and financial data security,a financial data security “shell” model for the characteristics of financial data was proposed:the internal is the security goals of ensuring data confidentiality,integrity,and availability; the external is a variety of threats including data leaking,tampering and destroying etc; the middle is various coping strategies,including access strategies,prevention and control strategies,detection strategies,perceived strategies and etc.According to this model,relevant suggestions and countermeasures for data security governance in financial technology are proposed.
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publisher POSTS&TELECOM PRESS Co., LTD
record_format Article
series 网络与信息安全学报
spelling doaj-art-fee8ed982f1d4813b7be78d1c1884f0e2025-01-15T03:13:37ZengPOSTS&TELECOM PRESS Co., LTD网络与信息安全学报2096-109X2019-08-015717959556404Data security challenges and countermeasures in financial technologyJianming ZHUHongrui YANGWhile financial technology brings opportunities to the financial industry,it also brings new challenges.With the rapid development of financial technology,the big data explosion caused by the digitalization,networking and intelligence of financial services has put forward new and greater requirements for data security governance.Based on the analysis of the status quo of financial technology development and financial data security,a financial data security “shell” model for the characteristics of financial data was proposed:the internal is the security goals of ensuring data confidentiality,integrity,and availability; the external is a variety of threats including data leaking,tampering and destroying etc; the middle is various coping strategies,including access strategies,prevention and control strategies,detection strategies,perceived strategies and etc.According to this model,relevant suggestions and countermeasures for data security governance in financial technology are proposed.http://www.cjnis.com.cn/thesisDetails#10.11959/j.issn.2096-109x.2019044financial technologybig datadata securitydata governancesecurity model
spellingShingle Jianming ZHU
Hongrui YANG
Data security challenges and countermeasures in financial technology
网络与信息安全学报
financial technology
big data
data security
data governance
security model
title Data security challenges and countermeasures in financial technology
title_full Data security challenges and countermeasures in financial technology
title_fullStr Data security challenges and countermeasures in financial technology
title_full_unstemmed Data security challenges and countermeasures in financial technology
title_short Data security challenges and countermeasures in financial technology
title_sort data security challenges and countermeasures in financial technology
topic financial technology
big data
data security
data governance
security model
url http://www.cjnis.com.cn/thesisDetails#10.11959/j.issn.2096-109x.2019044
work_keys_str_mv AT jianmingzhu datasecuritychallengesandcountermeasuresinfinancialtechnology
AT hongruiyang datasecuritychallengesandcountermeasuresinfinancialtechnology