Cybercriminals have been targeting critical infrastructure industries and the financial services sector, in particular, is confronted with an increasing wave of cyberthreats. The financial services store highly valuable data and information, making the industry an appealing target for cybercriminals. Earlier this year, Contrast Security released a 2025 Modern Heist Bank Report, revealing that 64% of the sector’s respondents  reported cybersecurity incidents within the past 12 months, highlighting the urgent need for enhanced cybersecurity measures and proactive risk management.