Financial records like bank account numbers, routing information, SSNs, credit data, and transaction histories are exactly what cybercriminals want. A single breach triggers mandatory notifications, regulatory investigations, and lasting reputational damage. Zero-knowledge encryption from Bitwarden protects credentials even if systems are compromised.

IBM reports the average financial services breach costs $5.56M before regulatory fines, credit monitoring, legal fees, and years of customer attrition. Enterprise-grade protection like Bitwarden isn't expensive. Breaches are.

More than half of all phishing attacks target financial institutions, reports Banking Journal. Stolen credentials bypass security layers and expose customer data. Bitwarden prevents credential theft through encrypted storage, phishing-resistant MFA, and breach monitoring.

Core banking platforms, mainframe systems, and aging infrastructure weren't designed for today's cybersecurity threats. Financial services has ranked #2 for data compromises for five consecutive years, reports Identity Theft Resource Center. Bitwarden secures credentials across legacy and modern systems without requiring costly replacement.