Financial System Security

Definition ∞ Financial System Security refers to the comprehensive measures and protocols implemented to protect the stability, integrity, and confidentiality of financial infrastructures. This includes safeguarding against cyberattacks, fraud, data breaches, and other threats that could disrupt financial operations or compromise sensitive information. In the context of digital assets, it also pertains to securing blockchain networks and decentralized platforms. Robust security ensures public trust and operational resilience.
Context ∞ The advent of digital assets and decentralized finance introduces new challenges and considerations for maintaining Financial System Security. Discussions often address the unique vulnerabilities of blockchain technology, such as smart contract exploits and private key management risks. A critical future development involves the continuous adaptation of security frameworks to account for evolving technological landscapes and sophisticated cyber threats across both traditional and digital financial domains.