Third-party cyber risk management for financial services
Protect your supplier ecosystem with continuous third-party monitoring, streamlined vendor assessments, and time-saving compliance questionnaires for financial organizations.
Cyber attacks cost financial services an average of $5.9 million per breach and third parties are nearly always the point of entry.
In the last three years, more than a quarter of financial institutions suffered disruption, monetary loss, or reputational damage because of a third party.
Without a proactive approach to third-party risk management, your organization could be in danger.
Regulatory compliance
Comply with financial regulatory obligations
Questionnaire templates
Simplify and strengthen compliance with framework-specific questionnaires and one-click reporting.
Industry-standard security frameworks
Assess your vendors (as well as your own org) with UpGuard’s broad library of ready-made questionnaires. Choose a global financial service framework out of the box or edit a questionnaire for your specific needs.Executive reporting
Communicate compliance and risk status with instant reports tailored to assessors, executives, and other stakeholders. Select from a range of pre-built or custom templates that generate in seconds.AI questionnaire completion
Give your vendors the ability to complete questionnaires faster and more accurately. UpGuard’s Questionnaire AI reliably synthesizes your vendor’s previous responses and documentation into time-saving questionnaire answers.
Third-party risks
Mitigate cyber risk across your supplier ecosystem
Vendor ratings
Vendor risk matrix
Safeguard your financial service’s data (and reputation) from cyber attacks by proactively monitoring, identifying, and remediating third and fourth-party risks as soon as they arise.
24/7 risk monitoring
Constantly scan your external attack surface and supply chain for vulnerabilities. Be notified the second a threat is detected and easily triage based on the severity and likelihood of exploitation.Data leak detection
Discover leaked credentials before they make the headlines. UpGuard combines in-house manual analysis with surface, deep, and dark web scanning to aggressively detect your stolen credentials.Comprehensive security ratings
Easily communicate risk and prioritize remediation with always up-to-date security ratings. Powered by daily asset scanning and formatted for clarity, UpGuard ratings lead the industry in quality and usability.
Monitoring and risk assessment
Identify and assess third-party cyber risk faster
Vendor risk assessment
Double vendor assessment speeds (and improve quality) by automating and streamlining your vendor risk workflows.
End-to-end workflows
Save your team the hassle of chasing vendors and the lost time of double handling. UpGuard handles vendor requests and reminders for you and ensures all your vendor data is kept in a single, easy-to-navigate location.Instant security ratings
UpGuard scans and rates vendors faster (and more often) than any other solution. Scan new vendors in minutes and instantly rescan vendors after remediation work is complete.Automated security questionnaires
Get security questionnaires completed with 90% less manual labor. UpGuard combines industry-leading automation and a library of questionnaires to get vendor responses returned sooner and more reliably.
Before, we needed an army. Now, we have an automated, scalable process that strengthens our regulatory stance, expands our coverage, reduces operational risk, and allows us to continuously improve our IT operation process.
Chuck Adkins
VP of Technology
New York Stock Exchange / ICE
VP of Technology
New York Stock Exchange / ICE
If a vendor score drops below 600, we know there is a security issue with that vendor and we work with them to remediate that.
Jim Hart
CISO, Pollinate
CISO, Pollinate
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Hours of manual testing eliminated
7+
Digital assets continuously monitored
70+
Unique risk vectors continuously monitored
Thanks to UpGuard, 640 hours of manual testing were reduced to 30 minutes, getting the data center operational on time.
640+
Hours of manual testing eliminated
$3m+
Estimated cost savings from reduced engineering effort
Resources
Recommended reading for a flying start
Infographic
4 Ways to Reduce Third-Party Risk in Finance
Learn a few critical statistics on third-party risks in finance and gain key insights and tips on how to reduce them.
Blog
Meeting the Third-Party Risk Requirements of PCI DSS in 2024
Learn which PCI requirements are relevant to the third-party risk management process and how the UpGuard platform can help comply with each requirement.
Blog
What is SOX Compliance? 2024 Requirements, Controls and More
This is a complete overview of SOX Compliance. Learn how to ensure your organization is compliant with the SOX Act in this in-depth post.
eBook
Quick Guide to TPRM in the Financial Sector
Learn about common types of third-party risks in finance, key areas of cyber risk management, and cyber regulations for the financial industry.
Infographic
4 Ways to Reduce Third-Party Risk in Finance
Learn a few critical statistics on third-party risks in finance and gain key insights and tips on how to reduce them.
Blog
APRA CPS 230: Compliance Guide for Australian Finance Entities
Learn about the new requirements of CPS 230 and how to achieve compliance before it comes into effect on 1 July 2025.
Blog
How to Comply With CPS 234 (Updated for 2024)
This is a complete overview of how to comply with Prudential Standard CPS 234. Learn about the key requirements and how to meet them in this in-depth post.
eBook
Quick Guide to TPRM in the Financial Sector
Learn about common types of third-party risks in finance, key areas of cyber risk management, and cyber regulations for the financial industry.
Infographic
4 Ways to Reduce Third-Party Risk in Finance
Learn a few critical statistics on third-party risks in finance and gain key insights and tips on how to reduce them.
Blog
DORA Compliance Checklist
Use this DORA compliance checklist to avoid rushing through last-minute compliance efforts.
Blog
What is the Payment Services Directive 2 (PSD2)? Complete Guide
Learn more about the cybersecurity challenges and compliance requirements of the Payment Services Directive 2 (PSD2).
eBook
Quick Guide to TPRM in the Financial Sector
Learn about common types of third-party risks in finance, key areas of cyber risk management, and cyber regulations for the financial industry.
Customers
Financial services that rely on UpGuard
Meet some of the 1,000+ companies using UpGuard to detect and manage vendor risk.
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