Ransomware Attacks are rapidly becoming –if not already– one of the most serious cybersecurity threats facing the global banking industry. As financial institutions expand their digital services, from mobile banking apps to cloud-based platforms—the attack surface for cybercriminals continues to grow. This shift has made digital banking ecosystems an attractive target for complicated ransomware groups. Recent threat intelligence data highlights the scale of the problem. In 2025 alone, Cyble researchers recorded 6,604 Ransomware Attacks, representing a 52% increase compared to 2024. The year ended with nearly record-breaking activity, including 731 attacks in December, underscoring how persistent the threat has become. … Read more