Dark Technology and Financial Management: Iraq as a Mediating Factor

Abstract

Dark technology affects financial resource management, with Iraq as a mediating component. Dark Technology, the illegal use of technology, hinders financial systems. Technology has benefited financial management in both directions. Technology has benefited chiefly the financial sector in the previous study. Thus, shadow technology’s negative repercussions, especially in unsavoury places like Iraq, are poorly understood. Based on an in-depth analysis, dark technology significantly impacts Iraq’s financial management practices. It illuminates financial institution issues like money laundering, cybercrime, and fraud. Iraq’s legislative climate and institutional weaknesses help spread dark technologies. Socio-economic issues worsen dark technologies in financial management. This study suggests dark technology-related financial management improvements. Research challenges inspired these suggestions. It recommends improving regulatory frameworks, technology infrastructure, and financial sector awareness and training. It also highlights the need for stakeholder coordination, international cooperation, and dark technology-specific forces. This report helps researchers understand how dark technologies might harm financial management, which is crucial in corrupt Iraq. The findings and recommendations educate financial institutions and policymakers on mitigating the negative effects of dark technologies and creating a safer and more transparent financial ecosystem in Iraq.