Assessment of the impact of digital transformations on the financial security of the Russian Federation in the context of global digital integration

Abstract

Digital transformation covers all spheres of public life, including economics and finance, which has a significant impact on public financial security. In the context of global digital integration, an assessment of the risks and opportunities associated with the transformation of the financial system of the Russian Federation is required. The research used methods of system analysis, economic and mathematical modeling and scenario forecasting. The main attention was paid to the analysis of key indicators of Russia's financial stability in the context of digitalization, the assessment of cybersecurity threats and the analysis of international experience of digital integration. A risk assessment model related to the new digital reality was developed, and the possibilities of adapting the Russian financial system to the conditions of the digital economy were analyzed. The study identified key threats of digital transformation to the financial security of the Russian Federation, including the growth of cybercrime, an increase in potential data leaks and disruption of critical financial infrastructure. Along with this, the positive effects of digitalization are analyzed, such as increasing the transparency of financial transactions, reducing transaction costs and improving control over financial flows. Measures were proposed to minimize risks and strengthen the financial security of the state in the new conditions. Digitalization is a dual process that can be accompanied by both significant benefits and serious challenges to national security. Taking into account global experience and Russian realities, a set of measures aimed at strengthening financial stability is proposed. The authors also consider the need to create interdepartmental structures to coordinate actions in the field of digital transformation. The results of the study show that successful digital transformation can contribute to strengthening and developing the financial security of the Russian Federation, provided competent risk management and balanced integration of international experience.