Skip to Content

The State of Ransomware in Financial Services 2025

369 IT and cybersecurity leaders reveal the ransomware realities for financial services providers today.

The report examines how the causes and consequences of ransomware attacks on financial services providers have evolved over time.

This year’s edition also sheds light on previously unexplored areas, including the organizational factors that left providers exposed and the human toll ransomware takes on IT and cybersecurity teams in the financial services sector.

 

Report

Based on the real-world experiences of financial services providers hit by ransomware over the last year, the report explores:

  • Why financial services providers fall victim: The technical and organizational root cause of attacks.
  • What happens to the data: Encryption rates and how providers are managing recovery.
  • Ransom economics: The ransoms demanded of financial services providers and the proportion that ultimately paid.
  • The human toll: How ransomware incidents affect the IT and security teams protecting financial services organizations.
  • And more: Fresh insights into the evolving ransomware landscape in the financial services sector.