Welcome to SOCRadar’s Finance Industry Threat Landscape Report’s CISO Brief!

The financial sector remains one of the most lucrative targets for cybercriminals. SOCRadar’s Finance Industry Threat Landscape Report’s CISO Brief provides a focused analysis of the most critical cyber threats, targeted attack vectors, and emerging trends affecting financial institutions globally. This report delivers actionable intelligence to help CISOs safeguard their organizations, enhance resilience, and mitigate evolving risks.

Key Insights from the Financial Industry’s Cyber Threat Landscape for CISOs:

• Financial institutions remain prime targets: The United States accounts for 60.47% of ransomware attacks and 18.81% of stealer malware campaigns, making it the most heavily targeted country in the sector.
• Dark web-driven risks: 67.94% of dark web listings involve financial data, including 2.89 million leaked credentials and 90,428 exposed credit card records, underscoring the need for continuous monitoring.
• Ransomware threats intensify: LockBit 3.0 leads ransomware operations (23.81%), but 63.10% of attacks originate from other ransomware groups, demonstrating the increasingly fragmented threat landscape.
• Stealer malware’s expanding footprint: Financial entities in South Asia and Latin America face a surge in credential theft and unauthorized access sales, driven by the rapid adoption of digital banking and weak security controls.
• Phishing campaigns exploit financial brands: Threat actors leverage fake banking websites and sophisticated phishing tactics to steal login credentials and conduct financial fraud.
• Rise of access trading markets: 12.65% of underground marketplace listings involve unauthorized access to financial networks, enabling ransomware affiliates and APT groups to compromise institutions more effectively.

Why This Report Matters for CISOs

The rapid commercialization of cyber threats on the dark web poses a direct risk to financial institutions, with stolen credentials, compromised financial data, and illicit access sales fueling cybercrime-as-a-service models.

SOCRadar’s report equips CISOs with strategic intelligence to:

• Detect and mitigate threats emerging from the dark web.
• Enhance security posture against ransomware, phishing, and stealer malware.
• Prioritize cybersecurity investments based on industry-specific risk intelligence.

Take Control of Your Organization’s Cybersecurity Strategy

Strengthen your financial institution’s defenses with SOCRadar’s advanced threat intelligence solutions, designed to counteract today’s most sophisticated cyber threats:

• Dark Web Monitoring: Identify stolen credentials, unauthorized access sales, and leaked financial data before they lead to breaches.
• Ransomware Intelligence: Track threat actors and emerging ransomware trends to proactively prevent disruptions.
• Phishing Detection & Response: Stop fraudulent financial scams before they impact operations.

Download the full report today to stay ahead of evolving financial cyber threats.