les cahiers du mecas
Volume 22, Numéro 1, Pages 647-661
2026-06-02

Cybersecurity Strategies And Their Role In Achieving Financial Stability In The Banking Sector

Authors : Badraoui Chahinez .

Abstract

This research paper aims to highlight the role of Cybersecurity Strategies in achieving Financial Stability in the Banking Sector, which has become one of the most vulnerable sectors to Cyber Risks in light of the rapid Digital Transformation and increasing reliance on Electronic Banking Services. The study discusses the theoretical framework of both Cybersecurity and Financial Stability, analysing Cyber Threats and their impact on bank performance and stability. It also highlights key Cybersecurity Strategies, such as Cybersecurity Governance, Risk Management, and Operational Resilience, and their role in protecting bank assets, enhancing trust, and reducing Systemic Risk. The study concludes that adopting effective Cybersecurity Strategies is essential to supporting the stability of the Banking Sector and ensuring its sustainability in the digital age. It also contributes to enhancing banks' ability to respond quickly to cyber incidents and minimise the resulting Operational Losses and Financial Losses.

Keywords

Cybersecurity, Cybersecurity Strategies, Financial Stability, Cyber Risks, Banking Sector.