Back to today’s briefing

Story perspectives

Cyber Incidents Surge 17.4% in Financial Sector, Experts Warn

4/25/2025

45 8

Summary

Story summary

Mandiant's M-Trends 2025 report uncovers a troubling rise in cyber incidents within the financial sector, hitting 17.4% in 2024. Vulnerability exploitation and stolen credentials were the main culprits, while insider threats, particularly from North Korean operatives, surged alarmingly. To combat these risks, experts urge the adoption of multifactor authentication and stronger cloud security measures.

1 of 1

Story summary

Mandiant's M-Trends 2025 report uncovers a troubling rise in cyber incidents within the financial sector, hitting 17.4% in 2024. Vulnerability exploitation and stolen credentials were the main culprits, while insider threats, particularly from North Korean operatives, surged alarmingly. To combat these risks, experts urge the adoption of multifactor authentication and stronger cloud security measures.