The biggest cybersecurity and innovation risks in financial services

Cybersecurity is ranked among executives' top issues, says an ASU information systems researcher.

In this story published Oct. 21, 2025, on Nasdaq:

We look at vulnerabilities and how they're priced in assets — in particular, we're looking at equities. And what we find is that for a median firm in the Fortune 500, it's costing about $90 million a year to have these vulnerabilities. So that's why… taking these health checks of your network, figuring out what is vulnerable and then patching it, rectifying it — that also saves money.

– Christos Makridis, information systems associate researcher