Financial services face some of the costliest cyber breaches, with the average incident costing $5.56 million in 2025. But the real damage runs deeper than that number. 88% of banking executives believe a successful cyberattack would trigger client withdrawals and investor panic, and they’re not being paranoid. In an industry built entirely on trust, a breach is a headline that costs you customers who had other options all along. The regulatory pressure has caught up to the threat, too. Banks now face a 36-hour incident notification requirement to federal regulators, and public companies face SEC rules requiring material cyber incidents be disclosed within four business days. Compliance here is therefore a clock that starts the moment something goes wrong.