The cyber market continues to evolve rapidly, increasing cyber risk to FIs, insurers, and other financial services firms. Determining priorities and actioning resources against top cyber priorities requires considerable CISO talent and rigor. Cyber priorities are well informed by data external to the enterprises they are responsible for defending.

This report presents cyber risk market trends and financial services peer insights for CISOs in setting, adapting, and actioning against top cyber defense priorities for their institutions. This report combines insights from surveying 60 financial services CISO members of Datos Insights’ Financial Institution and Insurer Cybersecurity Executive Councils in Q1 of 2023, quarterly discussions with CISOs in executive council meetings, a quantitative survey of 211 CISOs and InfoSec professionals in a report published in Q2 of 2023, and discussions with financial services CISOs throughout the year.

Clients of Datos Insights’ Cybersecurity service can download this report.