# Cybersecurity threats in FinTech: A systematic review

arXiv: https://arxiv.org/abs/2312.01752 · HTML: https://mlsanity.com/paper/2312.01752/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 6 of its 136 references that are in the map.
- First posted on arXiv 4 Dec 2023.

## Builds on (most cited first, 6 of 6)

- [The Creation and Detection of Deepfakes: A Survey](https://mlsanity.com/paper/2004.11138/) (2020)
- [A Survey on Ethereum Systems Security: Vulnerabilities, Attacks and Defenses](https://mlsanity.com/paper/1908.04507/) (2019)
- [Deep Learning for Insider Threat Detection: Review, Challenges and Opportunities](https://mlsanity.com/paper/2005.12433/) (2020)
- [Engineering Blockchain Based Software Systems: Foundations, Survey, and Future Directions](https://mlsanity.com/paper/2105.01881/) (2021)
- [EVHA: Explainable Vision System for Hardware Testing and Assurance -- An Overview](https://mlsanity.com/paper/2207.09627/) (2022)
- [Defending Root DNS Servers Against DDoS Using Layered Defenses](https://mlsanity.com/paper/2209.07491/) (2022)

## Abstract (arXiv)

The rapid evolution of the Smart-everything movement and Artificial Intelligence (AI) advancements have given rise to sophisticated cyber threats that traditional methods cannot counteract. Cyber threats are extremely critical in financial technology (FinTech) as a data-centric sector expected to provide 24/7 services. This paper introduces a novel and refined taxonomy of security threats in FinTech and conducts a comprehensive systematic review of defensive strategies. Through PRISMA methodology applied to 74 selected studies and topic modeling, we identified 11 central cyber threats, with 43 papers detailing them, and pinpointed 9 corresponding defense strategies, as covered in 31 papers. This in-depth analysis offers invaluable insights for stakeholders ranging from banks and enterprises to global governmental bodies, highlighting both the current challenges in FinTech and effective countermeasures, as well as directions for future research.