Security Rating Snapshot Helps Identify & Manage Cyber Risk

Last week, Bitsight released our new Security Rating Snapshot report.

For those unfamiliar with security ratings, the Security Rating Snapshot report allows you to learn what Bitsight Security Ratings are, how they are calculated, and provides you with the chance to see how your organization’s security rating compares to other organizations’ in your industry. This free report provides a snapshot view of your cybersecurity performance for the quarter compared to industry averages, and highlights areas in your security strategy that might need to be improved. It gives you insight into risk vectors that are illustrative of your security posture including compromised systems, user behavior, and diligence items such as patching cadence, configurations, and more. This will allow you to take the first step towards a risk management program that allows you to identify, quantify, and mitigate cyber risk within your organization.

Implementing Bitsight Security Ratings allows your organization to begin to continuously monitor your security performance based on a common quantitative metric for the first time. Bitsight Security Ratings measure organizations’ security performance using a proprietary algorithm that analyzes externally observable data. Security Ratings range from 250 to 900, similar to consumer credit scores, with a higher rating equating to overall better security posture.

Bitsight uses externally observable data on compromised systems / diligence, user behavior, and data breaches to compute a company’s security rating. All companies — regardless if they are a customer or not — are rated on the same criteria, thus facilitating data driven conversations about security based on a common language.

Bitsight is committed to how companies manage information security risk with trusted, time-tested and actionable security ratings. Founded in 2011, we remain the leader in the security ratings industry. We built our Security Ratings Platform to continuously analyze vast amounts of external data on security issues and behaviors in order to help organizations manage third party risk, underwrite cyber insurance policies, benchmark performance, conduct M&A due diligence and assess aggregate risk. With over 2,100+ customers and the largest ecosystem of users and information, Bitsight is the most widely used Security Ratings Service.