Infographic: Low Security Standards for Third-Party Vendors puts Banks at Risk

Third-party vendor threats for financial institutions
Led by Benjamin M. Lawsky, Superintendent of Financial Services, the New York State Department of Financial Services (NYDFS) conducted a survey of 40 banking organizations – including many of the largest institutions it regulates – about the cybersecurity standards those firms have in place for their third-party vendors. The following outlines the key findings of the report:

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