Financial Services
We've curated 113 cybersecurity statistics about Financial Services to help you understand how threats like phishing and fraud are impacting banking and investment practices in 2025. Stay informed on the latest protective technologies and strategies shaping the sector!
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50% of firms in the financial services industry are still operating on outdated or on-premise infrastructure, which fails to meet modern transparency and documentation requirements.
51% of firms identified data discovery as a top priority for improving audit readiness and control visibility.
45% of firms in the financial services sector prioritize automated evidence collection and document management for enhancing audit readiness and control visibility.
54% of firms in the financial services industry still rely on spreadsheets or in-house systems to track security controls.
36% of U.S. financial services executives reported lacking sufficient internal expertise to meet regulatory mandates.
42% of U.S. financial services executives identified staying current with evolving regulations as their top compliance challenge.
Financial services organizations have 35% of their devices classified as extended IoT.
Financial services globally experienced a suspected fraud attempt rate of 3.3% in H1 2025.
For transactions in the Dominican Republic, the financial services sector reported the highest suspected fraud rate at 18.2%.
68% of Financial Services professionals are using AI daily.
82% of Financial Services professionals are very confident in their AI skills.
80% of employees in the financial services industry have received training on AI safety and data security.
Only 2% of Financial Services professionals reported no AI training at all.
2% of employees in financial services reported no training in AI tools.
68% of AI users in financial services engage with AI daily.
The half-life for serious findings is 147 days in the financial services industry. This metric, which accounts for unresolved vulnerabilities, places FS ninth overall out of the thirteen measured industries.
68% of financial services leaders highlight GenAI-related risks as a top concern.
Server security misconfigurations: 34.9% in the financial services industry (versus 27.9% average in other industries).
Financial services firms demonstrate strengths in avoiding common, code-level flaws due to mature security programs and automated scanning (SAST/DAST). However, they struggle with vulnerabilities that require human-led testing.
Approximately one-third of serious issues are never resolved by the organizations in the financial services industry, contributing to backlog and systemic risk.