Cyber Security Threats In The Age Of Digital Banking

Abstract

The surge in digital banking in Kerala has facilitated financial inclusion but has also intensified exposure to cybersecurity threats. This study investigates the relationship between users' awareness levels, security practices, and vulnerability to cyber threats among digital banking users in Kerala. A structured questionnaire with 40 Likert-scale items was administered to a random sample of 300 users. Data analysis was conducted using EDUSTAT, applying descriptive statistics, Pearson correlation, independent samples t-tests, and percentages. Results indicate that higher awareness correlates with lower susceptibility, stronger security practices reduce cyber incidents, and elderly users are more vulnerable to cyber threats than younger users. The findings underscore the need for enhanced cybersecurity education and targeted interventions. This paper offers insights into improving user-side cybersecurity resilience in digital banking environments.