Overview of Cybersecurity Trends in Jordan’s Financial Sector

This comprehensive review paper delves into the burgeoning domain of cybersecurity challenges in Jordan’s financial sector, a critical area given the sector’s rapid digital transformation. The paper synthesizes existing literature to present an overview of the current state of cybersecurity in the financial industry, emphasizing the unique context of Jordan. It explores the intricate relationship between technological advancements, such as Financial Technology (FinTech) applications, and the evolving landscape of cyber threats and regulatory measures. The paper highlights how digital transformation, propelled by the adoption of technologies like blockchain and artificial intelligence, has redefined traditional banking practices, enhancing efficiency and accessibility, while also introducing new cybersecurity challenges. The review extends to examining the integration of FinTech in Islamic finance, which presents a unique blend of traditional principles and modern technology, resulting in distinct ethical and operational challenges. Additionally, the paper discusses strategic intelligence and asset management as essential components for competitive advantage in the financial sector, with cybersecurity emerging as a pivotal factor in safeguarding these aspects. The paper concludes by suggesting future directions for research and practical engagement, underscoring the need for a robust digital financial ecosystem that can effectively navigate the complex interplay of technology, security, and regulation.