The 6 Biggest Cyber Threats for Financial Services in 2023 | UpGuard

This report surveys the leading cyber threats facing financial services—phishing, ransomware, web application injections (SQLi, XSS, LFI, OGNL), DDoS, supply chain compromises, and bank-drop fraud—highlighting recent trends and statistics that show increasing frequency and impact. It emphasizes mitigation through third-party risk management, multi-factor authentication, regularly updated firewalls, attack surface management, learning common TTPs, security ratings, regular data backups, and documented detection/response strategies to bolster resilience against data breaches and operational disruption.