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Financial Services Sector Ransomware Highlights

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Every sector has been affected by ransomware, and financial services is no exception. The highly valuable and highly sensitive transactions core to this industry make a ransomware outbreak a potentially disastrous scenario.

In this report, we will dive deeper into the financial services sector, which represents 4.7% of all events in our observation period—from May 2019 through May 2022. This data led us to explore trends in ransomware families, controls, and mitigation techniques.