Cybersecurity solutions for the number one target of cyberattacks

Financial Service Firms Are The #1 Target For Cybercriminals

Cybercriminals follow the money — making the finance industry the top target for cyberattacks. Banks, asset management firms, venture capitalists and insurance providers face an onslaught of threats each day, from DDoS attacks to phishing campaigns.

Top cyber threats to financial institutions include credential theft, supply chain attacks, increase in mobile banking, deepfakes, and malware attacks. The challenges brought by the Covid-19 pandemic have added more complexity to the security landscape at financial institutions.

At Binary Defense, we provide the 24x7x365 security protection your financial institution needs to safeguard your assets and customers.

Number of times per second a financial institution faces a cyber threat
Average cost of a cyberattack to a financial institution
$ 0 m

(Source: Accenture)

Number of finance organizations that have reported a breach
0 %

(Source: Finextra)

More Resources

Infographic: Cybersecurity For Financial Institutions

The finance industry faces the threat of a cyberattack 30 times per second. See the impact of a breach to a financial organization, the top attacks to finance, and the costs associated not just the loss of data, but loss of customer trust.

Continuous Protection

Financial institutions require round-the-clock monitoring to protect against cyberattacks. At Binary Defense, our experienced analysts monitor, detect and contain threats to your network 24x7x365 through our Security Operations Center.

Our Solutions

Our proprietary, cloud-based platform secures your endpoints (workstations and servers), adding another layer of protection and greater visibility to your network.


Security Information & Event Management

While financial institutions value cybersecurity, they often lack the time and in-house resources needed to manage their system, write attack rules, comb through logs and respond to alerts. Our team will deploy, monitor and tune your SIEM.


Our Counterintelligence team hunts for threats before they strike. We scour the Clearnet, Darknet and social media to find and investigate attacks targeting the financial services industry, your financial institution, customer data and key members of your team.

Threat Hunting

Proactive service to identify unknown threats and prevent attackers from invading existing security defenses

Compliance Standards​

The rise in cyberattacks and wire fraud across financial institutions is growing, and regulators are taking notice. We help our clients adhere to strict industry compliance standards including PCI, GLBA and NIST.

More resources

Case Studies

Binary Defense Counterintelligence Helps Thwart Cyberattack

Highly targeted for cybersecurity threats The financial industry as a whole is the most highly-targeted industry for cyberattacks–with …

Case Studies

Binary Defense Helps Financial Institution Tune Current SIEM

Financial industry a frequent target for hackers It’s said that there are two types of financial services firms: …

Case Studies

Private equity firms rely upon Managed Detection & Response to keep financial data secure

Private equity firms process tremendous amounts of sensitive data In the fast-paced private equity (PE) market, data changes …


Infographic: Cybersecurity for Financial Institutions

The finance industry faces the threat of a cyberattack 30 times per second. See the impact of a breach to a financial organization, the top …