SecurityScorecard released a report highlighting that 41.8% of breaches impacting top fintech companies originated from third-party vendors.
Fintech firms had the strongest security posture among industries analyzed, with 55.6% earning an 'A' rating.
Recommendations for fintech companies include strengthening third- and fourth-party risk oversight, securing shared infrastructure, addressing application security and DNS gaps, enforcing strong credential protections, and treating repeat breaches as a leading risk signal.
SecurityScorecard's Supply Chain Detection and Response helps defend against supply chain attacks, with a focus on continuous monitoring of third-party risks and providing response and remediation capabilities.