Banks and insurers are prime ransomware targets due to their high-value data. A successful attack can halt banking services, prevent claims processing, and lock customer data, leading to financial losses and reputational damage.

Strengthen ransomware resilience—implement zero-trust security, advanced threat detection and real-time backup strategies.

Key Dangers & Risks:

Service outages. Ransomware can shut down online banking and insurance portals.
Data encryption & extortion. Criminals demand payment to restore critical information.
Customer trust erosion. Downtime and breaches weaken confidence in financial institutions.