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.

How and When to Reassess Your Vendor’s Cybersecurity Posture

From a security perspective, your work isn’t done when a new vendor signs on the dotted line. After the onboarding process is complete, you must implement continuous monitoring practices to ensure your new third-party maintains the desired...

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Vendor Contract Do’s and Don’ts

According to an Opus and Ponemon Institute study, 59% of companies have experienced a data breach caused by one of their vendors or third parties — while only 16% claim they effectively mitigate third-party risks. Don’t be a part of these...

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How to Determine the Right Level of Vendor Assessment

When onboarding new vendors, it takes the median company an average of 90 days to complete due diligence — 20 days longer than it did four years ago, according to Gartner. In a competitive business climate where speed can be the difference...

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How to Make Your Third-Party Risk Management Program More Efficient

With as much as 75% of the workforce shifting to remote work in some industries, organizations around the world are seeking to rapidly acquire new software and technology to properly enable the business, facilitate the new needs of...

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Understanding a Vendor’s Cybersecurity Risk

Did you know that, according to an Opus and Ponemon Institute study, 59% of companies have experienced a data breach caused by one of their vendors or third parties? During these uncertain times, when many industries are shifting to an...

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Optimize Your Vendor Onboarding Process With Security Ratings

Third parties can play an essential role in your ability to grow your business and remain competitive. Of course, if you’re not careful, these trusted partnerships may introduce unwanted cyber risk into your organization. This is...

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Vendor Onboarding 101: Balancing Security and Speed

In today’s ever-evolving, competitive business climate, organizations are partnering with more and more vendors to ensure they’re as agile, flexible, and efficient as possible. Now, at a time when as much as 75% of the workforce is...

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Why Third-Party Risk Management Has Never Been More Important

Over recent weeks, the ongoing spread of the COVID-19 coronavirus has forced companies around the country to make difficult decisions about how they can do their part to protect their employees — as well as their communities as a whole.

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Hackers Target Defense Contractors in an Effort to Reach the Pentagon

The Department of Defense (DoD) has one of the largest supply chains in the world, scaling to hundreds of thousands of different vendors and partners. Yet, these vital partners in our nation’s defense infrastructure pose a huge cyber risk.

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