For obvious reasons, the financial services industry has had the unfortunate distinction of being one of the largest high value targets for threat actors. Research shows that financial services businesses experience 300 more cyber attacks than organizations in other industries. Many of those attacks come through third-party suppliers whose networks may not be as secure as the organizations they work with.
Article Link: https://www.bitsight.com/blog/what-the-gramm-leach-bliley-act-means-for-financial-services-cybersecurity