What is Financial Services Cybersecurity? Threats and Defenses | UpGuard

This report provides an industry-focused overview of cybersecurity risks facing mid-market financial institutions, detailing major threats (ransomware and multi-extortion, credential theft/ATO, supply-chain compromise, insider abuse, Layer‑7 DDoS, APTs, API/BOLA exploitation, ATM/POS malware, cryptojacking), the evolving regulatory landscape (GLBA, DORA, Basel guidance, SOX, PCI DSS, SEC rules, state regs), and recommended mitigations such as Zero Trust, PAM/JIT, immutable backups, continuous vendor monitoring, STIX/TAXII integration, and automated compliance workflows.