Financial Services Cybersecurity: 2026 Performance in Banking, Financial Services, and Insurance (BFSI)
Brief
How Did BFSI Perform in Prevention and Detection in 2026?
BFSI prevention effectiveness stands at 67% in the Picus Blue Report 2026 , down nine points from the 76% recorded in the previous edition. Financial institutions logged 65% of simulated attacks , meaning the attacker behavior was recorded somewhere in their telemetry, but alerted on only 16% , so fewer than one in six attacks reached a security team as an alert.
This year's figures come from more than 338 million attack simulations that Picus customers ran against their own security controls in live production environments between January and June 2026, anonymized and aggregated by Picus Labs.
Financial Services Cybersecurity: 2026 Performance in Banking, Financial Services, and Insurance (BFSI)