Stay secure in the finance sector. Explore the latest in financial cyber security news, trends, and best practices to protect valuable assets and data.
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Background for this topic.
Finance covers the institutions, markets, and services that move, store, lend, invest, and insure money. Its distinctive assets include customer identities, account balances, payment instructions, trading positions, claims, and confidential business data. Operations depend on core banking and ledger systems, payment networks, market-data feeds, identity services, and external processors or cloud providers. Integrity and availability are especially important: an unauthorized change to beneficiary or settlement data can cause direct loss, while an outage can interrupt payments or trading and complicate time-sensitive reconciliation.
Security work therefore focuses on online banking and trading interfaces, APIs, privileged access, credentials, and third-party connections. Useful controls include phishing-resistant multi-factor authentication, least privilege, transaction signing or approval separation, encryption, tamper-evident logging, and anomaly monitoring. Privacy protections apply to personal and financial information; PCI DSS is relevant where payment-card data is handled, alongside jurisdiction-specific financial rules. Vulnerability management should prioritize internet-facing and legacy systems, while incident response needs capabilities to contain fraudulent transactions, preserve evidence, reconcile ledgers, and restore trusted service through tested backups or failover.
Weekly headline count for the current query.
The UK Cyber Monitoring Centre reviews the Canvas breach affecting 160 UK universities, highlighting data theft risks and financial impacts of cyber incidents
The FBI claims couriers are being used to circumvent bank transfers in crypto investment schemes
Private firms are being targeted by nation-state groups for reasons beyond finance, argued ISACA’s Bharat Thakrar
The UK’s financial authorities have set expectations for the sector on cybersecurity and operational resilience
Data exposure, operational disruption and financial losses among issues faced by businesses struggling with the rapid rise of AI agents, warns Cloud Security Alliance report
STX RAT, a newly identified remote access trojan, attempted deployment in finance, showing advanced C2 and stealthy delivery methods
CISA has revealed Iranian attacks causing disruption and financial loss at US critical infrastructure firms
Most UK manufacturers compromised last year suffered financial loss, says ESET
Maryland man accused of $53m Uranium Finance hack, exploited smart contract flaws, laundered funds
Cloud Android phones fuel financial fraud, evading detection and enabling dropper accounts
High tech was the most frequently targeted industry in Mandiant investigations in 2025, overtaking financial services which led in 2023 and 2024
Mobile banking malware targets over 1200 financial apps globally, shifting fraud to user devices
The UK’s financial regulator has issued new rules to make incident and third-party reporting clearer
A bank, an airport, a non-profit and the Israeli branch of a US software company were among the targets of this new MuddyWater campaign
Exploit kit "Coruna" targets iPhones running iOS 13.0 to 17.2.1, focusing on financial data theft
New phishing campaign dubbed Operation DoppelBrand targeted major financial firms like Wells Fargo
Cyber fraudsters targeting corporate finance departments costs businesses millions a year
Loan phishing operation in Peru is stealing card info by impersonating financial institutions
The financial sector should finalize its post-quantum cryptography transition circa 2034, G7 cyber experts said
New Android malware enables unauthorized tap-to-pay transactions without physical access to bank cards