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CYBER THREATS · FINANCIAL SECURITY GLOSSARY

Ransomware

Malware or intrusion activity that disrupts access to systems or data and is commonly paired with extortion.

QUICK DEFINITION

Ransomware — Malware or intrusion activity that disrupts access to systems or data and is commonly paired with extortion.

WHY IT MATTERS

Why Ransomware matters in finance

Financial services face both direct operational interruption and downstream liquidity, customer and confidence effects.

FINANCIAL SYSTEM CONTEXT

Security is also a market-infrastructure question

In financial services, ransomware should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.

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