Blockchain-Driven Cybersecurity Audits: Securing Financial Systems with Trust and Transparency

Abstract

In financial systems, ensuring their security and integrity in an increasingly digitalized
environment is very crucial. Blockchain technology, because of its decentralized, immutable,
and transparent nature, presents a revolutionary approach to cybersecurity audits in financial
systems. This paper discusses the role of blockchain in enhancing trust and transparency in
cybersecurity audits. With distributed ledger technology, blockchain ensures tamper-proof
audit trails, real-time monitoring, and automated compliance through smart contracts. Such
features will help enhance the detection and mitigation of vulnerabilities, accountability, and
the strength of stakeholder confidence. In addition, integrating blockchain with advanced
analytics and AI can further optimize audit processes with predictive insights to improve the
resilience of financial infrastructures. This study analyzes use cases, challenges, and the
transformative potential of blockchain-driven cybersecurity audits in securing financial
systems. To achieve the maximum usage of blockchain's potential and handle its
shortcomings, recommendations are offered on regulatory alignment, scalability, and
adoption strategies. The future of financial ecosystems will thus be protected through
blockchain with the advent of trust and transparency.