APAC Cyber Attacks on Banks and Fintechs Surge, Akamai Says

Financial institutions across Asia Pacific accounted for 52% of global Layer 7 DDoS incidents targeting financial services in 2025, making the region the leading target for application-layer attacks for a fourth consecutive year, according to Akamai Technologies.

The APAC cyber attacks finance report highlighted growing vulnerabilities as banks, fintech companies and payment providers expand digital banking and API-driven services.

Within Asia Pacific, banks represented 44% of Layer 7 DDoS incidents, while fintech firms accounted for 38%.

Akamai warned that many institutions still lack full visibility across their API infrastructure despite increasing dependence on digital financial services.

Only 27% of regional financial-services IT and security leaders said they know which APIs expose sensitive information, although 77% claimed they understood their broader API environment.

The APAC cyber attacks finance findings underline increasing cybersecurity risks facing financial institutions as digital payments, open banking and real-time transaction systems continue expanding across the region.