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Financial Sector Cybersecurity

Overview

  • Protects sensitive client data: Financial firms handle high volumes of personal and transactional data. Penetration testing helps identify and fix vulnerabilities before attackers exploit them, safeguarding client trust and compliance with data protection laws.
  • Prevents costly breaches: The average cost of a data breach in financial services is among the highest of any sector. Proactive cybersecurity reduces the risk of regulatory fines, legal action, and reputational damage.
  • Meets regulatory requirements: Financial institutions must adhere to strict regulations like FCA, PSD2, and GDPR. Regular testing demonstrates due diligence and helps maintain compliance in audits and inspections.
  • Builds insurer and stakeholder confidence: Effective cybersecurity and regular pentesting can reduce cyber insurance premiums and reassure investors, partners, and board members that security is being taken seriously.
  • Escape the Pentest Trap: Most financial firms are stuck repeating the same annual penetration test, seeing reduced ROI and safety. By thinking more long term, we can ensure you maintain a high level of cybersecurity year on year.

Cybersecurity for Financial Firms That Can’t Afford to Be Compromised

The financial services sector is one of the most targeted industries for cybercrime, facing daily threats from ransomware, phishing, data breaches, and insider risk. According to IBM’s Cost of a Data Breach Report 2023, the average cost of a breach in financial services is $5.9 million, second only to healthcare. And it’s not just about financial loss: reputation, trust, and compliance are all on the line.

At Fortifi, we provide CREST-accredited penetration testing designed specifically for the high-stakes environment of financial services. We don’t believe in generic, checklist-driven testing. Instead, we simulate real-world attacks that mirror the tactics of modern cybercriminals, giving you actionable insights to close critical gaps before they’re exploited.

The Financial Case for Better Cybersecurity

  • Regulatory pressure is rising: With regulations like the FCA’s Operational Resilience framework, PSD2, and GDPR, financial firms must now prove they can prevent, detect, and recover from cyber incidents. Penetration testing is a key requirement in demonstrating due diligence.

  • Trust is everything: 87% of consumers say they would take their business elsewhere if they didn’t trust a company to handle their data securely. A visible commitment to cybersecurity can be a competitive advantage.

  • Threats are more advanced: 70% of financial firms experienced at least one cyberattack in the past 12 months (FS-ISAC, 2023). Attackers are leveraging automation, AI, and supply chain vulnerabilities to breach even well-defended networks.

  • Insurance is tightening: Cyber insurers are demanding evidence of proactive security controls. Regular penetration testing and documented remediation are now essential to securing coverage — or keeping premiums manageable.

Why Fortifi?

Whether you’re a fintech start-up scaling fast, a high-street institution with legacy systems, or a wealth management firm handling sensitive portfolios, we help you:

  • Stay ahead of evolving threats with real, risk-based testing

  • Build a clear roadmap for remediation and long-term resilience

  • Impress regulators, auditors, and insurers with structured, evidence-backed reporting

  • Reinforce trust with clients, partners, and stakeholders

  • Escape the Pentest Trap.

Cybersecurity isn’t a checkbox. It’s a business enabler, and a reputational safeguard. Let Fortifi help you move from reactive defence to strategic resilience.

Protect your financial firm today.

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