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Financial institutions continue to be a top target for threat actors


Did you know:

  • 98% of human-targeted attacks that led to breaches happen through email
  • 86% of breaches involve the use of stolen credentials 
  • Most threat actors are motivated by financial gain

The global average cost of a data breach in 2023 was $4.45 million.

Sources:

"Cost of a Data Breach Report 2023," ibm.com, https://www.ibm.com/reports/data-breach.
"Cost of a data breach 2023: Financial industry impacts (SI)," securityintelligence.com, https://securityintelligence.com/articles/cost-of-a-data-breach-2023-financial-industry/.

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