Tandem
2025 Cybersecurity Report for the Financial Institution Industry
Pages
28
Time to read
38 mins
Publication
Language
English
Pages
28
Time to read
38 mins
Publication
Language
English
This report is a comprehensive analysis of a survey conducted among cybersecurity professionals within the financial institution sector in the United States, yielding 310 responses. The primary objective of the report is to identify how these institutions are navigating cybersecurity challenges, including emerging trends and best practices. Key areas explored include board oversight of cybersecurity, resource allocation related to staffing and budgets, training and awareness initiatives, operational risk management, and the impact of emerging technologies on cybersecurity strategies. The report is structured into sections that cover various survey topics, with observations and deeper insights provided for each area. The findings indicate that while many institutions recognize the importance of cybersecurity, it is often not a central driver of their organizational strategy. Additionally, the report highlights the correlation between an institution's cybersecurity culture and its resource allocation, including staffing and budget considerations.