CNN based IDS Framework for Financial Cyber Security

Abstract

The Cyber Financial domain has changed a lot over the past few years but with the digitalization of the same, the various gaps in the field of security have risen. In terms of Finance, although there has been the implementation of technology 4.0 there is a lack of proper regulations, and any countermeasures are still absent to make the system secure and prevent any attack on data integrity. This research builds a bridge in the security aspects of cyberspace as well as provides a comprehensive framework which is based on the blockchain network to improve cybersecurity. The various issues with the increasing number of intrusive attacks, data breaches, and system failures have made it important to adopt proper measures to curb the spread of such attacks. To make cyberspace more secure and understand the different types of intrusion attacks an IDS is developed to make use of self-learning to continually grow and thus be more efficient. The proposed VCM framework also makes use of a blockchain network for decentralization as well as the use of smart contracts are also discussed which gives an idea as to the depth of the cybersecurity which can be maintained with the help of this. All the proposed framework is centred around the vulnerabilities of cyberspace which are being continuously exploited by malicious attackers and thus the VCM acts in a comprehensive way to maintain the security, privacy as well as robustness of the system by enforcing certain regulations.