Financial firms are locking the front door but leaving the back open

Financial institutions are building stronger defenses against direct cyberattacks, but they may be overlooking a growing problem: their vendors. According to Black Kite’s new report, third-party risk has become one of the biggest cybersecurity threats facing the financial sector. Ransomware attacks by finance subindustry (Source: Black Kite) The vendor blind spot The report finds that while financial institutions themselves are getting better at defending against ransomware and other threats, the companies they rely on, including … More →

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