The text discusses the importance of tailoring red team exercises to specific industries, focusing on the financial sector's unique threat landscape. Banks and financial institutions face diverse and well-resourced adversaries, including nation-state actors and organized crime syndicates, due to the potential for direct financial gain and geopolitical impact. Consequently, red team exercises in this sector focus on simulating attacks on critical payment systems and testing the effectiveness of segmentation, privileged access controls, and incident response plans, including ransomware scenarios. Additionally, these exercises often involve insider threat scenarios and physical security breaches to evaluate defenses and staff vigilance. The text highlights the compliance-driven nature of these exercises, in line with regulatory frameworks like CBEST/TIBER-EU, which assess a bank's detection and response capabilities under simulated advanced attacks. The ultimate goal of red teaming in finance is to ensure institutions can withstand sophisticated threats, providing assurance to regulators and stakeholders, recognizing that financial services are among the most targeted sectors globally. The series will continue by examining red teaming in the healthcare and pharmaceutical industries.