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

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.