Stopping Cybersecurity Attacks in Financial Services emphasizes the sector’s exposure to fast, sophisticated threats, regulatory pressure, and cloud reliance . The report notes breakout times averaging 62 minutes, with the fastest attack just over 2 minutes. Seventy-five percent of intrusions are now malware-free, cloud intrusions surged 110%, and adversaries exploit supply chains, generative AI, and stolen identities to bypass defenses. Compliance with NIS2 and DORA is critical, as fines can reach up to €10 million or 2% of global turnover. Recommendations include advanced EDR, IAM, MFA, cloud security frameworks, vendor risk management, and rapid detection and response.

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