cyberpedia
April 28, 2025
2
MIN READ
Ransomware Prevention: What It Is and Why It's Important for You

Share this post

TABLE OF CONTENT

The Rising Threat to Fintechs

Ransomware attacks are surging. The 2024 FBI IC3 report shows a 9% jump in complaints. Financial services remain a top target. Average breach cost: $5.13M. For fintechs, ransomware prevention is operational and reputational survival.

Core Pillars

  • Tighten endpoints and servers (EDR/MXDR)
  • Secure apps and APIs
  • Beyond passwords (MFA, Zero Trust)
  • Backup and recovery
  • People (training, simulations)
  • Proactive monitoring

SHARE THIS POST