As third-party ecosystems grow, so do the risks — and financial institutions are paying the price.
In 2024, the average breach cost for U.S. financial services firms soared to $6.08 million — among the highest across all industries. Legacy TPRM programs simply can’t keep up, leaving organizations exposed to escalating threats and long-term damage.
This one-pager breaks down the key factors behind rising breach costs — and how leading institutions are responding with smarter, more modernized third-party risk management strategies.
Download now to uncover:
- What’s driving the surge in breach-related costs
- The long-term impact of third-party breaches
- Three proven strategies to modernize and scale your TPRM program
Stay ahead of rising threats with proactive, purpose-built third-party risk management.
