TL;DR: Financial services data shows information disclosure, injection flaws, and ransomware remained prevalent in 2024, while INTIGRITI reports average breach costs reached $6.08 million and nearly 1 in 4 firms were breached. The lesson for IAM and security teams is that weak access control and exposed trust paths still turn ordinary application flaws into material identity and data risk.
Editorial analysis by NHI Mgmt Group, based on content published by INTIGRITI: “Finance industry: Top vulnerabilities in 2024 and what to watch for in 2025”.
Key questions
Q: What breaks when finance applications have weak object-level authorization?
A: Attackers can change an identifier or request parameter and retrieve another user’s data, transaction history, or account details.
Q: Why do disclosure and injection flaws create disproportionate risk in finance?
A: Because they often expose high-value data and privileged workflows through small mistakes in request handling.
Q: How do security teams tell whether access control is failing in web and API flows?
A: Look for inconsistent record visibility, users seeing other people’s data, and endpoints that return different results when a request parameter changes.
Practitioner guidance
- Strengthen object-level authorization on every data path Map all requests that return account, transaction, or customer data and enforce caller-specific checks at the object layer, not just after login.
- Harden input handling on backend financial workflows Use parameterized queries, strict server-side validation, and allow-listed input handling for survey forms, search fields, and internal request paths.
- Review privileged support tooling exposure Identify remote support and admin tools that can reach sensitive records, then verify authentication boundaries, logging, and segment isolation.
Bottom line: Financial services vulnerability patterns in 2024 show that simple authorization and input-handling flaws can still produce outsized data exposure and operational risk.
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Information disclosure in finance is usually an identity problem, not just a bug class. When a user can change a request parameter and see another customer’s data, the real failure is that the application did not enforce identity-bound authorization at the object layer. That means IAM and application teams need to stop treating disclosure findings as cosmetic issues. The practical conclusion is simple: if object access is not explicitly tied to the caller’s entitlement, the control has failed.
A question worth separating out:
Q: When should IAM and fraud teams work together on financial identity risk?
A: They should collaborate whenever customer access, transaction approval, or account recovery can be influenced by impersonation, deepfakes, or synthetic identities. IAM controls who can enter the system, while fraud controls judge whether the session and request behaviour are believable. In 2025, those signals need to be fused, not reviewed in isolation.
👉 Read our full editorial: Financial services vulnerabilities in 2024 reveal persistent identity gaps