Research on the Challenges and Countermeasures of Enterprise Financial Risk Prevention under Big Data Environment Research on Data Security and Processing Technology
DOI: 10.23977/ferm.2024.070521 | Downloads: 74 | Views: 312
Author(s)
Yunpeng Zhao 1
Affiliation(s)
1 Treasury Department, Bank of China, New York, NY 10018, USA
Corresponding Author
Yunpeng ZhaoABSTRACT
In the era of big data, the diversity and unpredictability of corporate financial risks are becoming more prominent, and enterprises are facing more severe challenges when responding to changes in market dynamics. The traditional internal control system has been difficult to effectively deal with these emerging complex risks, resulting in greater pressure on the financial security of enterprises. This paper focuses on the challenges and countermeasures of enterprise financial risk prevention under the big data environment, and believes that enterprises must go beyond traditional thinking and actively adjust corporate culture and organizational structure to flexibly adapt to the rapid changes in the external environment. Enterprises should actively seek and establish strategic partnerships based on their own actual conditions, or join big data alliances to enhance their risk prevention and control capabilities with the help of external resources and data power.
KEYWORDS
Big data environment, Financial Risk Management, Enterprise internal control, risk response strategy, data protection, organizational structure optimization, Strategic alliance, data managementCITE THIS PAPER
Yunpeng Zhao, Research on the Challenges and Countermeasures of Enterprise Financial Risk Prevention under Big Data Environment Research on Data Security and Processing Technology. Financial Engineering and Risk Management (2024) Vol. 7: 164-169. DOI: http://dx.doi.org/10.23977/ferm.2024.070521.
REFERENCES
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[2] You Z, Zhao S .Enterprise Digital Transformation and Financial Risk [J].Advances in Economics and Management Research, 2023. DOI:10.56028/aemr.4.1.114.2023.
[3] Yan Z .Research on enterprise risk prevention and control countermeasures based on business model innovation ––Taking Shandong as an example [J].IEEE, 2021.DOI:10.1109/ICEKIM52309.2021.00139.
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