Supply chain issues pose major risks to financial organizations

While banks and financial institutions generally have strong defenses, third-party vendors often lack the same levels of security, something that can offer providing attackers indirect access to the institutions they serve. A new report from Black Kite examines the shifting landscape of cyber threats in the financial sector, highlighting the critical importance of understanding and mitigating the hidden dangers within the vendor ecosystem. At the same time as supply chain threats are being highlighted the number of direct ransomware attacks on the financial sector has decreased from 191 companies in 2023 to only 55 as of mid-2025, largely due to… [Continue Reading]