The World Economic Forum predicts cybersecurity challenges ahead, especially for the financial sector. The average cost of a financial data breach in 2024 was around $6.08 million, compared to $4.88 million across all sectors. Threat Quotient’s research suggests financial services are leading in adoption of cybersecurity automation, with 87% valuing automation. Sharing threat intelligence and automating threat hunting can strengthen defenses. The use of AI in cybersecurity is also growing in the financial sector, although it also increases threats due to misuse by threat actors.
Bluesight’s 2025 Breach Barometer Report Reveals Surge in Healthcare Data Breaches
Bluesight has released its 2025 Breach Barometer report which revealed more than 300 million US patient healthcare records were breached in 2024, a 26% increase
