Financial Sector
Cybersecurity statistics about financial sector
Top Vendors
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97% of financial organizations affected by AI-related breaches lack adequate access controls.
In 2025, 90% of breaches affecting financial institutions were financially motivated.
In 2025, ransomware accounted for 36% of security incidents affecting financial institutions.
The financial sector was the second-most expensive industry for data breaches, at $5.56 million per breach.
Third-party involvement occurs in 30% of financial-sector breaches.
In 2025, approximately 12.8% of B2B financial organizations experienced ransomware.
In 2025, data breaches accounted for 64% of security incidents affecting financial institutions.
Shadow AI accounted for 20% of AI-related breaches affecting financial institutions.
The Qilin campaign claimed 29 financial organizations headquartered in the Republic of Korea as victims to their DLS in a mid-September Qilin campaign.
Approximately 40% of financial firms have increased their penetration testing frequency to quarterly or continuous testing.