The Impact of Perceived Cybersecurity Risks on Consumer Trust in Digital Banking Initiatives: A Robust Analysis of the 'MyAccount' Project in the Kurdistan Region of Iraq

Key Points

• Perceived cybersecurity risks significantly impact consumer trust in digital banking initiatives.
• The analysis indicates a strong correlation between transaction security and consumer trust levels in the MyAccount project.
• Assessment involved consumer surveys and evaluations of digital banking platforms in the Kurdistan Region.
• Improving cybersecurity measures may enhance consumer confidence in financial technology initiatives.