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The figures come from a survey of over 1,600 IT and security professionals in more than 100 countries.

First, these organizations store large volumes of valuable information, which adversaries are naturally eager to steal.

DeFi

Moreover, they manage access to funds, which means any operational disruption is highly problematic.

Schrader added that ransomware gangs believe financial institutions are more likely to pay bigger ransoms than other sectors.

A higher-than-average number of financial institutions also rated their attacks as being more costly.

The average for all sectors was 59%.

Looking ahead, Netwrix has identified some key areas for improvement.

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