Cyberthreats in the Financial Sector

In 2025, data breaches accounted for 64% of security incidents affecting financial institutions.

In 2025, 90% of breaches affecting financial institutions were financially motivated.

In 2025, ransomware accounted for 36% of security incidents affecting financial institutions.

Third-party involvement occurs in 30% of financial-sector breaches.

In 2025, approximately 12.8% of B2B financial organizations experienced ransomware.

Shadow AI accounted for 20% of AI-related breaches affecting financial institutions.

97% of financial organizations affected by AI-related breaches lack adequate access controls.

The financial sector was the second-most expensive industry for data breaches, at $5.56 million per breach.