Why Financial Services Remain a Priority Target
Cyber activity against the financial services sector rose sharply across the last reporting year. This reflects the sector’s continued appeal to both financially motivated groups and state-linked actors due to the high value of financial records and the perceived ability to pay.
Ransomware targeting the sector increased, alongside a significant rise in data breaches, highlighting the continued hostile intent for data-centric extortion and financial gain the sector is historically known for.
About the Global Cyber Risk Intelligence Outlook 2026
The Global Cyber Risk Intelligence Outlook 2026 reflects the rigorous analysis and strategic foresight of Quorum Cyber’s Threat Intelligence team, examining how the events of 2025 reshaped global cyber risk and identifying the trends most likely to define the year ahead.
This Financial Services industry guide forms part of the wider Global Cyber Risk Intelligence Outlook 2026 and should be read alongside the main report for broader cross-sector context.
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Over the past year, we have witnessed a marked acceleration in the capability and ambition of threat actors. The proliferation of AI-enabled tooling, combined with an increasingly professionalised cybercriminal economy, has lowered barriers to entry and expanded the reach of even modestly skilled actors. This report distils the most significant developments observed across our intelligence, incident response, and counter extortion work, offering practical guidance to help organisations anticipate and mitigate emerging risks.
Paul Caiazzo
Chief Threat Officer
Quorum Cyber
Secure Your Future with Expert Intelligence
This report distils the most significant developments observed across our intelligence, incident response, and counter extortion work, offering practical guidance to help organisations anticipate and mitigate emerging risks.
As we look to 2026, our commitment remains steadfast: to provide the intelligence, clarity, and support needed to outpace adversaries in an increasingly complex threat landscape.
