54% of firms in the financial services industry still rely on spreadsheets or in-house systems to track security controls.

Malicious spreadsheets (e.g., XLS, XLSX) totaled 4% of threats in Q2 2025, showing a 2 percentage point drop from Q1 2025.

Spreadsheet usage among security services providers is up 50% year over year (as a secondary tool).

16% of security services providers still rely on spreadsheets as their main tool.

Malicious spreadsheets (e.g. XLS, XLSX) totalled 3% of threats in Q4 2024

Malicious spreadsheets (e.g. XLS, XLSX) totaled 7% of threats detected in Q3 2024.