This paper examines the evolving cybersecurity landscape in the banking sector, focusing on the increasing complexity of cyber threats and the rising adoption of online banking. It reviews recent cybersecurity incidents, evaluates the effectiveness of existing frameworks, and proposes strategic enhancements to strengthen digital defenses. The study highlights the critical need for dynamic cybersecurity strategies that integrate advanced technologies, promote regulatory compliance, and foster a culture of cybersecurity awareness. Key findings emphasize the importance of a holistic and adaptive approach to cybersecurity, including strategic investments in technology, education, and collaboration. The paper also discusses the historical perspective of cybersecurity threats, the significance of cybersecurity in modern banking systems, common cybersecurity vulnerabilities, and the impact of cybersecurity breaches on financial institutions. Additionally, it explores the regulatory framework governing cybersecurity in banking and identifies gaps in existing cybersecurity strategies. The research methodology involves a qualitative approach, using document analysis and case studies to provide a detailed understanding of the complexities of cybersecurity in the banking sector. The results section delves into the typology of cybersecurity threats, analyzes recent cybersecurity incidents, assesses the financial impact of cyber attacks, and evaluates current cybersecurity measures in banks. The paper concludes with recommendations for enhancing cybersecurity resilience in the banking industry.This paper examines the evolving cybersecurity landscape in the banking sector, focusing on the increasing complexity of cyber threats and the rising adoption of online banking. It reviews recent cybersecurity incidents, evaluates the effectiveness of existing frameworks, and proposes strategic enhancements to strengthen digital defenses. The study highlights the critical need for dynamic cybersecurity strategies that integrate advanced technologies, promote regulatory compliance, and foster a culture of cybersecurity awareness. Key findings emphasize the importance of a holistic and adaptive approach to cybersecurity, including strategic investments in technology, education, and collaboration. The paper also discusses the historical perspective of cybersecurity threats, the significance of cybersecurity in modern banking systems, common cybersecurity vulnerabilities, and the impact of cybersecurity breaches on financial institutions. Additionally, it explores the regulatory framework governing cybersecurity in banking and identifies gaps in existing cybersecurity strategies. The research methodology involves a qualitative approach, using document analysis and case studies to provide a detailed understanding of the complexities of cybersecurity in the banking sector. The results section delves into the typology of cybersecurity threats, analyzes recent cybersecurity incidents, assesses the financial impact of cyber attacks, and evaluates current cybersecurity measures in banks. The paper concludes with recommendations for enhancing cybersecurity resilience in the banking industry.