
Trust Sophos to Secure Your Financial Data, Transactions, and Operations
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With Sophos, You Can:
Stop Ransomware Attacks and Data Breaches
Sophos Managed Detection and Response (MDR) is a fully managed 24/7/365 service delivered by experts that detect and respond to sophisticated cyberattacks that technology solutions alone cannot prevent.
Sophos MDR meets you where you are. It’s compatible with:
- Your existing security investments – we can use Sophos tools, third-party tools, or any combination of the two
- Your needs – whether you want full-scale incident response or help making accurate security decisions, we’ve got you covered
- Your industry – Sophos MDR secures more than 500 banking and finance organizations worldwide; we understand industry threats and continue to build \"community immunity\"
Explore the world’s number-one MDR service today.
The State of Ransomware in Financial Services 2024
Key survey findings:
- 65% of financial services respondents hit by ransomware last year
- 49% of attacks encrypted data – the lowest rate across sectors
- Compromised credentials were the most common root cause of attacks at 30%
- Of 90% of backup compromise attempts, 48% were successful
- 51% of victims paid the ransom; 62% used backups for data recovery
- $2.58M is the average recovery cost



