Changing banking business models through the introduction of digital innovations is of key importance for the future development of the banking system, but at the same time it is related to the development of existing and new risks for banks. The purpose of this publication is to carry out a critical analysis of the risk of the introduction of various digital banking products and services in the field of payment operations and, on this basis, to outline the specific accounting aspects of this risk. Our conclusions are related to the understanding that the differentiated disclosure of incurred costs and/or reported losses from the occurrence of cyber risks in the financial statements of banks related to digital products and services and in particular to digital payment operations is necessary in order to correctly define, evaluate and analysis of those risks by all users of financial information.
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