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Cybersecurity reports and statistics published by Ncontracts

8 categories2 reports

Recent Statistics & Reports

13% of the most mature TPRM programs view TPRM as little more than a compliance formality.

5/27/2026
Financial ServicesTPRMThird-Party Risk

Financial institutions using manual TPRM processes report 50% lower satisfaction with their tools.

5/27/2026
Financial ServicesTPRMManual TPRM Processes

72% of financial institutions are only partially aware of which vendors use AI, and 0% feel extremely confident managing vendor AI.

5/27/2026
Financial ServicesTPRMArtificial Intelligence

63% of TPRM programs operate with just one or two dedicated full-time employees.

5/27/2026
Financial ServicesTPRMThird-Party Risk

13% of TPRM programs have no dedicated staff.

5/27/2026
Financial ServicesTPRMThird-Party Risk

53% of TPRM programs manage 300 or more vendors.

5/27/2026
Financial ServicesTPRMVendor Management

10% of financial institutions still rely on spreadsheets, down from 13% in 2025.

5/27/2026
Financial ServicesTPRMThird-Party Risk

26% of the most mature TPRM programs report TPRM delivering high value across the organization.

5/27/2026
Financial ServicesTPRMThird-Party Risk

67% of organizations with no TPRM processes view TPRM as little more than a compliance formality.

5/27/2026
Financial ServicesTPRMThird-Party Risk

Financial institutions using manual TPRM processes are 71% more likely to receive exam findings.

5/27/2026
Financial ServicesTPRMCompliance

Nearly 87% of financial institutions use TPRM software.

5/27/2026
Financial ServicesTPRMThird-Party Risk

73% of large organizations with 5,001 or more employees fall into the lowest TPRM confidence tiers.

5/27/2026
Financial ServicesTPRMThird-Party Risk

Individual TPRM professionals are responsible for 100 or more vendor relationships.

5/27/2026
Financial ServicesTPRMVendor Management

Artificial intelligence ranks as the second-biggest TPRM risk heading into 2025 among financial institutions.

4/7/2025
TPRM AIFinancial institution

66% of financial institutions report feeling pressure to enhance their TPRM programs.

4/7/2025
TPRM Financial institution

Nearly half of financial institutions cite auditors and regulators as primary drivers for enhancing TPRM programs.

4/7/2025
TPRM AuditorsRegulators

Of the financial institutions who experienced a vendor-related cyber incident, 66% had recovery times under 60 days .

4/7/2025
Vendor riskCyber attackSecurity incident

85% of financial institutions report moderate to high value from their TPRM programs.

4/7/2025
TPRM Financial institution

Of the financial institutions who experienced a vendor-related cyber incident, 8% had recovery times more than 90 days .

4/7/2025
Vendor riskCyber attackSecurity incident

49% of financial institutions experienced a vendor-related cyber incident in the past year.

4/7/2025
Vendor riskCyber attackSecurity incident

Showing 1-20 of 22 results