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Trust Sophos to Secure Your Financial Data, Transactions, and Operations

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Cybersecurity-as-a-Service from Sophos enables banking and finance organizations to speed up their IT operations, comply with industry regulations, and get the most value out of their security investments. With our security specialists monitoring your IT environment 24/7/365, your systems and data are always protected.

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