The average cost of a cyberattack on a bank is $5.72 million, with financial institutions taking an average of 233 days to detect and contain a breach.
Cybercriminals are intensifying their attacks on the banking sector, exploiting vulnerabilities in financial systems and customer accounts. To protect financial assets and maintain trust, banks must implement real-time threat detection, adopt zero-trust security frameworks, and comply with ever-evolving regulatory standards.

$5.97M

average cost of a data breach in financial services (one of the highest across all industries).

$18.3B

lost globally due to banking frauding.

40%

reduction in compliance workload with automated security solutions.

62%

of financial institutions experienced an increase in fraud attempts in the past year.

Banking Challenges

Banking Industry Challenges

Phishing & Social Engineering Attacks
Human Risk & Insider Threats
Third-Party & Supply Chain Risk
Regulatory Compliance Pressure

Key Benefits

Financial Asset Protection

Financial Asset Protection

Safeguard customer funds and organizational assets from cyber fraud and breaches.

Streamlined Compliance

Streamlined Compliance

Simplify adherence to complex financial regulations with automated compliance.

Threat Detection

Threat Detection

Prevent cyberattacks before they escalate with monitoring systems.

Customer Trust & Retention

Customer Trust & Retention

Strengthen customer confidence by demonstrating secure banking practices and safeguarding personal data.

Our Solutions for Banking Security

Automated Compliance & Auditing

Threat Detection & Response

Real-Time Security Monitoring

Policy & Access Management

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Find more about our solutions

Our cybersecurity platform provides the core solutions you need in today's world to manage and keep your assets secure.