Authors: Ms. Sakthi C, Ms. Rithika S, Mrs. Jeya Padma Deepa I
Abstract: In the digital age, financial budgeting software has become an essential tool for individuals and organizations to manage finances, plan expenses, and support effective decision-making. Despite its advantages, the increasing reliance on such software has introduced significant cyber security concerns, particularly in the form of supply chain attacks. These attacks occur when cybercriminals exploit weaknesses in third-party vendors, external libraries, or software updates to gain unauthorized access to systems. As these elements are generally trusted, such threats often remain undetected until serious damage occurs. This study focuses on examining supply chain attacks as a hidden risk in financial software used for budgeting, with special reference to Coimbatore city. The research is based on secondary data, case studies, and insights gathered from financial professionals to understand the nature of these threats and the vulnerabilities involved. The study highlights the importance of adopting strong cyber security practices, including proper vendor evaluation, regular monitoring, and user awareness. It aims to provide practical suggestions to improve the security and reliability of financial software systems.
DOI: http://doi.org/10.5281/zenodo.20615207
