Financial Services Data Breach Statistics

In 2025, Financial Services had 739 compromises; Healthcare had 534 compromises; Professional Services had 478 compromises; Manufacturing had 299 compromises; Education had 188 compromises (2025)

40% of insider incidents involved business-sensitive financial and strategic information.

Just 16% of MSSP-supported financial services firms require two to four weeks to contain a breach.

67% of family offices demonstrated the highest level of concern about outdated infrastructure and their ability to recover from a data breach (compared to 50% average).

11% of leaders at financial services firms say they are unprepared to recover effectively from a Vendor or third-party breach.

25% of internal shared-resource financial services firms require two to four weeks to contain a breach.

Between 2019 and 2023, financial services experienced large losses primarily from data breaches (40.9%) and ransomware (40.9%), followed by other causes (18.2%).

100% of Europe's top financial firms suffered supplier breaches.

Almost all (97%) of major U.S. banks experienced third-party breaches in 2024.

The top consequences of breaches reported were operational downtime (71%), reputational damage (45%), and financial loss (41%)

Technology products and services were linked to 63.9% of third-party breaches. File transfer software and cloud platforms were the most frequent points of compromise within this category.

Application Security and DNS Health were the most common weaknesses, with 46.4% of fintech companies scoring lowest in application security.

28.2% of fintech companies that experienced publicly reported breaches had multiple incidents.

Fourth-party exposures accounted for an additional 11.9% of breaches on fintech companies, which is more than double the global average.

41.8% of breaches impacting top fintech companies originated from third-party vendors.

18.4% of fintech companies experienced publicly reported breaches.

41.8% of breaches impacting top fintech companies originated from third-party vendors.

68% of executives across financial and professional services who expect an increase in financial crime risk cite cybersecurity threats and data breaches as the top risk factor.