UDC 336.22
DOI: 10.36871/u.i.k.2025.03.01.006
Authors
Elena V. Karanina,
Ulyana V. Shabalina,
Vyatka State University
Abstract
The article examines the current aspects of ensuring the economic security of commercial banks in the context of global risks. The banking system plays a key role in the country’s economy, having a significant impact on the stability of financial markets and the sustainable development of the economy. The paper reveals the essence of the economic security of the financial sector, identifies the main internal and external threats, including sanctions restrictions, risks of borrowers’ insolvency, hacker attacks and interest rate risks. It also examines the dynamics of changes in the Russian banking system in recent years, including the introduction of digital technologies, process modernization, and the development of new financial products. Special attention is paid to the prospects of the Russian software market for optimizing banking processes, as well as measures to minimize risks and improve the creditworthiness of borrowers. The growing number of cyber-attacks on the financial sector and the measures taken to prevent them are highlighted. The article concludes that it is necessary to continuously improve the risk management and protection mechanisms of the financial sector to ensure its sustainability in modern conditions.
Keywords
economic security, commercial banks, banking system, global risks, digital technologies, risk minimization, creditworthiness, cyber-attacks
