Ransomware in Financial Services: Traditional Backup Isn’t Enough
The Backup Illusion Many financial services IT leaders believe they’re protected against ransomware because they have backups. According to Sophos’ State of Ransomware in Financial Services 2025, 64% of financial services organizations were hit by ransomware in the past year. Of those with backups, a significant percentage discovered their backup infrastructure had been compromised too.…







