Announcing BitSight Executive Reports

Noah Simon | October 10, 2017

An increasing number of security and risk management executives are being asked to present to the Board of Directors on the state of their — and their third parties’ — security and risk programs. A recent joint survey by Veracode and NYSE found that nearly 80% of directors said that cybersecurity topics are discussed at nearly every board meeting.

Furthermore, third party cyber risk has become a more popular discussion topic in the boardroom in the fallout of more large data breaches originating from vendors, suppliers, and business partners. Gartner estimates that by 2020, 75% of Fortune 500 companies will treat vendor risk management as a board-level initiative to mitigate brand and reputation risk.

C-Suite and Boards of Directors need timely and effective insight to understand how their company’s security and risk programs are performing and, as well as how performance compares to similar industry peers. However, for security and risk managers, compiling this data is often challenging and time-consuming. More importantly, it often results in organizations presenting metrics that do not effectively inform senior executives and the Board on cyber risk in their business ecosystem.

BitSight understands that now, security data must be made accessible across business units and up to the Board. Now available for all customers, BitSight Executive Reports enable customers to identify and report on gaps in their risk and security programs, as well as determine what resources are needed most for improvement. Customers can navigate to the Reports Page and access over a dozen readily-available reports on the security posture of their company and their vendor portfolio.

exec reporting.png

Company Comparisons


A new report allows customers to compare the performance of any 5 vendors, industry peers or companies they monitor, all in one view. This report shows a breakdown of risk vectors that impact rating calculations and enables organizations to instantly identify any areas of weaknesses or strengths relative to their vendors or peers. With this information in one view, stakeholders can have more informed discussions on where security initiatives are working, and where future resources may need to be allocated.

What’s Next

As cybersecurity and vendor risk management continue to be a more frequent conversation in board meetings, reports need to be tailored to an organization’s risk profile and risk tolerance. BitSight Executive Reports will evolve to accommodate users to craft fine-tuned, specific metrics and reports that facilitate more productive security discussions.

Want to see how your organization and 4 vendors or industry peers stack up? Register for a custom demo today.

Request A Demo

Suggested Posts

What Companies Using Cloud Services Need To Know About Their Risk Responsibilities

Cloud computing is not new to the cyber world; it’s here to stay. Web services are common in our everyday lives and workplaces, with things like Facebook, Salesforce, JIRA, Adobe, and GSuite all falling into the cloud-based category. But...


Joint Effort with Microsoft to Disrupt Massive Criminal Botnet Necurs

Since 2017 BitSight has been working together with Microsoft’s Digital Crimes Unit (DCU) to understand the inner workings of the Necurs malware, its botnets and command and control infrastructure in order to take disruptive action against...


Forecasting and Advanced Analytics: Building a Solid Security Strategy For 2020

2020 is not only the beginning of a new year, but the start of a new decade, and with it comes the dawn of a new era for the digital world. We’re now in the midst of the once far-off, “futuristic” time periods old books and movies used to...


Subscribe to get security news and updates in your inbox.