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RETAIL & INVESTMENT BANKING · CREDIT UNIONS · NEOBANKS

Defending the backbone
of the global
financial system.

Banks are the most targeted sector in cybercrime — from account takeover and wire fraud to nation-state infrastructure attacks. Spakto delivers layered defence across core banking, digital channels, and third-party integrations.

Threat Intelligence — Banking
4.4×

Higher attack frequency vs other sectors

$5.9M

Average cost of a banking data breach

74%

Of breaches involve credential abuse

91 days

Average dwell time before detection

Active threat monitoring — BANKING
Threat Landscape

The adversary reality
for Banking.

Understanding who is targeting your sector — and how — is the foundation of an effective security programme. These are the primary threat actors, campaigns, and techniques recorded against banking organisations in the last 12 months.

01

Account Takeover & Credential Stuffing

02

Business Email Compromise & Wire Fraud

03

Core Banking API Exploitation

04

Insider Threat & Privileged Access Abuse

4.4×

Higher attack frequency vs other sectors

$5.9M

Average cost of a banking data breach

74%

Of breaches involve credential abuse

91 days

Average dwell time before detection

Industry Challenges

Security pressures unique
to banking.

Every security challenge in banking has specific context, specific consequences, and specific adversaries. Generic security programmes don't address them.

🔑
01

Open Banking API Attack Surface

PSD2 and open banking mandates expose core account APIs to thousands of third-party integrators, each representing a potential breach vector into customer funds and data.

API abuse / data exfiltration
🏦
02

Legacy Core Banking Infrastructure

Decades-old COBOL systems and mainframes run alongside modern digital channels, creating integration gaps that attackers exploit with specialised techniques.

Undetected lateral movement
💸
03

Real-Time Payment Fraud

Faster payment rails (UPI, Faster Payments, RTP) give fraud detection engines milliseconds to act — legacy rule engines fail to catch AI-generated synthetic fraud patterns.

Irreversible financial loss
🌐
04

Third-Party & Supply Chain Risk

Core banking, card processing, and KYC platforms depend on a dense ecosystem of third-party vendors, any of whom may introduce a critical vulnerability.

Third-party breach propagation
🔒
05

Privileged Access to Customer Funds

Operations and IT staff with privileged access to transaction systems represent a persistent insider threat vector with catastrophic financial exposure.

Insider fraud / regulatory action
Our Security Response

Purpose-built solutions
for banking.

Each service is calibrated to the specific threat actors, regulatory environment, and operational constraints of your sector — not repurposed from a generic programme.

Explore all services
Adversarial Validation

Red-team core banking & payment rails end-to-end

  • SWIFT interface and correspondent banking network penetration testing
  • Open banking API red-team exercises simulating TPP compromise
  • ATM and branch network security validation
  • TIBER-EU / CBEST threat-intelligence-led red team engagements
Identity & Access Security

Zero-trust privileged access across core systems

  • PAM controls for core banking platform administrators
  • Step-up authentication for high-value transaction authorisation
  • Continuous monitoring of service account behaviour in COBOL environments
  • Session recording and anomaly detection for treasury workstations
Managed Threat Detection

24/7 SOC with financial-sector threat intelligence

  • Real-time detection of account takeover patterns across digital banking
  • SWIFT payment anomaly monitoring and alerting
  • Integration with FSISAC and banking sector threat feeds
  • Automated fraud signal correlation across channels
Regulatory Compliance
4

Frameworks
we align to.

We don't just advise on compliance — we build security programmes that satisfy regulatory requirements as a by-product of genuine security posture improvement.

PCI DSS

Payment Card Industry Data Security Standard

Mandatory controls for all entities that store, process, or transmit cardholder data — covering network segmentation, encryption, and access control.

DORA

Digital Operational Resilience Act (EU)

EU regulation requiring financial entities to manage ICT risk, conduct TLPT testing, and report major ICT incidents within strict timeframes.

BCBS 239

Basel Committee Risk Data Aggregation

Principles for effective risk data governance and reporting, with data integrity and security controls as foundational requirements.

SWIFT CSP

SWIFT Customer Security Programme

Mandatory and advisory security controls for all SWIFT network participants, enforced through annual attestation.

Proven Outcomes

Measurable results across
banking engagements.

Review case studies
99.7%

Account takeover attempts blocked

Behavioural analytics layered over digital banking login flows detect credential stuffing and session hijacking in real time, blocking attacks before account compromise.

< 4 min

SWIFT anomaly alert to SOC

Automated monitoring of SWIFT MT message patterns detects unusual correspondent instructions and routes alerts to the SOC within minutes of transmission.

TIBER-EU

Red team certification achieved

Full TIBER-EU threat-intelligence-led red team engagement completed across retail and investment banking divisions, with all critical findings remediated.

Banking Security Assessment Available

Secure your banking
operations today.

Our security team will map your adversary threat profile, identify the highest-risk attack paths specific to banking, and design a programme aligned to your operational constraints and regulatory requirements.

Industry-specific threat intelligence
MITRE ATT&CK aligned detection
24/7 managed monitoring
Regulatory compliance aligned