Financial Services Cybersecurity: 2025 Performance in Banking, Financial Services, and Insurance (BFSI)
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The Picus Blue Report 2025 assesses BFSI cybersecurity performance, reporting a 76% prevention effectiveness but a critical detection gap (log score 67% vs. alert score 13%), extreme success of credential abuse (password cracking 46%, valid-account abuse MITRE T1078 at 98%), and industry-wide collapse in data-exfiltration prevention (3%); it highlights ransomware strains like BlackByte and recommends validating exposures, closing the log-to-alert gap, prioritizing identity defenses, and strengthening data exfiltration controls.
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