EMEA Finance and Banking: A Sector Under Siege

*Executive summary:* The report highlights escalating cyber risk to finance and banking across EMEA, with phishing (including AI-enhanced spear phishing), large-scale DDoS, ransomware (with multimillion-dollar demands and prolonged downtime), and extensive third-party breaches (96% of top 100 institutions affected) driving significant financial and operational impact; regulators are strengthening requirements (DORA, NIS2 and regional frameworks) but adoption remains limited, so organizations must strengthen security-by-design, third-party oversight, and employee awareness to improve resilience.