Skip to main content
HomeTopicsFinancial services

Financial services

We've curated 113 cybersecurity statistics about Financial services to help you understand how evolving threats like phishing, data breaches, and advanced fraud techniques are reshaping the industry in 2025.

Showing 41-60 of 113 results

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.

Cobalt9/30/2025
Financial servicesPen test

Components with known vulnerabilities: 6.1% in the financial services industry (versus 5.5% average in other industries).

Cobalt9/30/2025
Financial servicesPen test

Approximately one-third of serious issues are never resolved by the organizations in the financial services industry, contributing to backlog and systemic risk.

Cobalt9/30/2025
Financial servicesPen test

76% of financial services leaders highlight third-party software vulnerabilities as a top concern.

Cobalt9/30/2025
Financial servicesPen test

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.

Cobalt9/30/2025
Financial servicesPen test

Business logic flaws: 2.9% in the financial services industry (versus 2.3% average in other industries).

Cobalt9/30/2025
Financial servicesPen test

Server-side injection (Web/API): 4.2% in the financial services industry (versus 5.3% average in other industries).

Cobalt9/30/2025
Financial servicesPen test

68% of financial services leaders highlight GenAI-related risks as a top concern.

Cobalt9/30/2025
Financial servicesPen test

46% of financial services leaders highlight insider threats as a top concern.

Cobalt9/30/2025
Financial servicesPen test

The Median Time to Remediation (MTTR) for serious findings is 61 days in the financial services industry. This ranks financial services 11th of 13 industries measured.

Cobalt9/30/2025
Financial servicesPen test

70% of financial services firms report that delays in scheduling pentests sometimes impact compliance or business timelines.

Cobalt9/30/2025
Financial servicesPen test

Server security misconfigurations: 34.9% in the financial services industry (versus 27.9% average in other industries).

Cobalt9/30/2025
Financial servicesPen test

91% of payment leaders express concern regarding the risks associated with AI.

HCLTech9/29/2025
Financial servicesAI

Nearly half of financial services organizations (49%) operate without formal AI policies.

HCLTech9/29/2025
Financial servicesAI

60% of payment leaders find the current AI fraud detection tools ineffective.

HCLTech9/29/2025
Financial servicesAI

The average duration business operations were affected by ransomware in financial services was 33 days.

AXA XL9/9/2025
Cyber insuranceCyber claims

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%).

AXA XL9/9/2025
Cyber insuranceCyber claims

Unapproved GenAI usage rates are highest in technology (40%), financial services (32%), and government (38%).

Exabeam8/21/2025
Insider threatGenAI

Banks experienced a +149% rise in synthetic voice attacks in 2024.

Pindrop6/12/2025
FraudSynthetic voice attack

Retail fraud doubled, with the sector experiencing an average of one fraud attempt in every 127 calls in 2024. This is five times higher than financial institutions.

Pindrop6/12/2025
FraudRetail