Financial Data Security in Integrated Accounting Systems
Session
Information Systems
Description
This paper explores the critical issue of financial data security within integrated accounting systems—an increasingly urgent concern in today's digitalized accounting environment. As organizations adopt advanced technological solutions to manage internal financial processes, they face heightened exposure to cyber threats and internal data breaches. Due to its sensitivity and high value, financial data remains a primary target for cyberattacks and unauthorized manipulation. The study comprehensively analyzes the key risks affecting data security in accounting systems and examines effective prevention and mitigation strategies. Based on an extensive review of recent academic and professional literature, the research identifies essential security measures, including data encryption, robust access controls, multi-factor authentication, and continuous employee training. Furthermore, the paper offers a methodological overview of best practices, advocating for a holistic and integrated approach to safeguarding financial data. Particular emphasis is placed on the interplay between advanced technology, well-defined internal policies, and a strong organizational culture of information security. The findings highlight the necessity of sustained investment in cybersecurity infrastructure and the development of internal capabilities to address the growing challenges of an increasingly complex digital landscape. The paper concludes with practical recommendations for institutions utilizing integrated accounting systems, aiming to strengthen the security, reliability, and sustainability of financial operations.
Keywords:
Financial Data Security, Integrated Accounting Systems, Cybersecurity, Risk Management, Information Systems
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-41-2
Location
UBT Lipjan, Kosovo
Start Date
25-10-2025 9:00 AM
End Date
26-10-2025 6:00 PM
DOI
10.33107/ubt-ic.2025.215
Recommended Citation
Spahija, Fidane Spahija and Marku, Visar, "Financial Data Security in Integrated Accounting Systems" (2025). UBT International Conference. 2.
https://knowledgecenter.ubt-uni.net/conference/2025UBTIC/IS/2
Financial Data Security in Integrated Accounting Systems
UBT Lipjan, Kosovo
This paper explores the critical issue of financial data security within integrated accounting systems—an increasingly urgent concern in today's digitalized accounting environment. As organizations adopt advanced technological solutions to manage internal financial processes, they face heightened exposure to cyber threats and internal data breaches. Due to its sensitivity and high value, financial data remains a primary target for cyberattacks and unauthorized manipulation. The study comprehensively analyzes the key risks affecting data security in accounting systems and examines effective prevention and mitigation strategies. Based on an extensive review of recent academic and professional literature, the research identifies essential security measures, including data encryption, robust access controls, multi-factor authentication, and continuous employee training. Furthermore, the paper offers a methodological overview of best practices, advocating for a holistic and integrated approach to safeguarding financial data. Particular emphasis is placed on the interplay between advanced technology, well-defined internal policies, and a strong organizational culture of information security. The findings highlight the necessity of sustained investment in cybersecurity infrastructure and the development of internal capabilities to address the growing challenges of an increasingly complex digital landscape. The paper concludes with practical recommendations for institutions utilizing integrated accounting systems, aiming to strengthen the security, reliability, and sustainability of financial operations.