Security Criteria in Financial Systems in Industry 6.0

Author:

Movahed Ali Bakhshi1,Movahed Aminmasoud Bakhshi1ORCID,Nozari Hamed2ORCID,Rahmaty Maryam3

Affiliation:

1. Iran University of Science and Technology, Iran

2. Azad University of the Emirates, UAE

3. Islamic Azad University, Chalous, Iran

Abstract

The importance of the financial system in the industry is not only related to the organization itself but also depends on the industry's network. Technological developments, growth in industry, and increasing use of new technology in human life have changed the organization's financial system. One of the most important factors in the necessity of financial development is the issue of network security, monetary systems, banking systems, and privacy of customers and users. For this purpose, it will be considered to improve the quality level and speed of this process to pursue financial claims. Along with the industrial developments of different generations and the continuous and universal use of Industry 4.0 technologies, the financial and banking system also needs to be updated and mastered to reduce cybercrime and prevent financial fraud and bank stolen. This chapter examines the financial system by analyzing the financial security criteria and achieving Financial Security 6.0.

Publisher

IGI Global

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