The banking and financial industry is one of the most targeted by cyberthreats, with attackers ranging from cybercriminals to hacktivists to state actors. This report by Citalid’s Cyber Threat Intelligence team presents a full picture of the current risks and trends affecting financial institutions. Through in-depth analysis, it explores new threat vectors such as sophisticated banking malware, the exploitation of critical vulnerabilities, and the growing use of artificial intelligence for offensive purposes.
This valuable resource is based on a set of documented and qualified events, incorporating insights from recent attacks to better quantify financial impacts. The report provides essential strategic and operational insight for decision-makers concerned with understanding and anticipating cyber risks in the financial sector.
Industry challenges and trends
The banking and financial sector faces constantly evolving threats - amplified by new technologies such as AI. These threats are redefining the cybersecurity landscape. Geopolitical tensions reinforce these risks, directly influencing the security of financial institutions.
Practical examples and attack scenarios illustrate the various threats, providing a better understanding of their nature and implications.
Risk analysis and outlook
The report provides an analysis of the strategic impact of the threats on industry players. It offers practical recommendations for improving resilience to the identified risks and anticipating future evolutions.