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BITSIGHT SECURITY RATINGS BLOG

Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more.

Average Cost of Cyberattacks Soars to $4.6 Million Per Incident

The aftermath of a cyber breach can be costly. But just how expensive and where the brunt of that financial impact falls has been somewhat unclear, until now. 

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Analyzing Utilities Sector Cybersecurity Performance

With economic sanctions being levied by the US against Iran and a trade war heating up with China, some security experts are cautioning that attacks targeting US critical infrastructure may be inevitable. Are electric utilities prepared to...

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Will BlueKeep Become WannaCry 2.0?

A little over a month ago, Microsoft discovered a software security vulnerability that could ultimately lead to one of the worst cybersecurity attacks since 2017’s infamous WannaCry ransomware incident.

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Cyber Attacks Can Wreak Havoc on the Business in Multiple Ways

The past few years have shown us that the cybersecurity landscape has only gotten more complex, as massive attack after massive attack —WannaCry and NotPetya ransomwares, at Uber Technologies in 2016, from the Shadow Brokers group, and...

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How Objectivity, Standardization & Context Reduce Cyber Risk

There are numerous areas of business and enterprise risk that have been measured for years in a standardized fashion — these include financial risk, market risk, operational risk, legal risk, and even IT risk.

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Docker Hub: Exposing the Hidden Cost of Data Breaches

Big risks can come from small, sometimes unexpected places. When compared to all the other vendors you need to manage, you might not think of an image container for apps as a high priority — but the recent breach of Docker Hub shows...

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Third-Party Cyber Risk: Blind Spots, Emerging Issues & Best Practices

Recently, BitSight and the Center for Financial Professionals (CeFPro) released a joint report that explores how financial services organizations are addressing challenges associated with third-party cyber risk management.

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Cybersecurity Risk Assessment Tools You Can Use Year-Round

When it comes to improving cybersecurity at your organization, there are some fixes that you can undertake with very little preparation. More robust remediation efforts, however, usually start with a cybersecurity risk assessment.

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The Board’s Role in Managing Disruptive Risk: Enter Security Ratings

Today, disruptive risks are an area of focus for corporate directors worldwide. On a global basis, we face disruptions in areas like geopolitical volatility, economic slowdown, emerging technologies, cybersecurity threats, and climate...

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