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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.

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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Vendor Due Diligence Checklist: 31 Steps to Selecting a Third Party

Due diligence processes for vendor procurement vary by company, industry, and region. Some regulatory bodies dictate due diligence practices, and some industry groups have adopted standardized processes. In addition, requirements may...

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What Are Security Ratings?

Security ratings are a data-driven, objective and dynamic measurement of an organization’s security performance. Thousands of organizations around the world use BitSight Security Ratings as a tool to address a variety of critical,...

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NERC CIP-013-1: Effective Date, Preparation Strategies, & Impact

The North American Electric Reliability Corporation (NERC) has developed a new set of cybersecurity standards designed to help power and utility (P&U) companies limit their exposure to third-party cyber risks and preserve the reliability...

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Is Your Risk Management Program Ready for the New European Banking Authority’s Guidelines?

In June 2018, the European Banking Authority (EBA) put forth guidelines on outsourcing arrangements that highlighted the importance of risk management within financial organizations. The notice of these guidelines was announced in June...

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BitSight Security Ratings Platform Expands Its Visibility in Compromised Systems

Since creating the Security Ratings market in 2011, a core component of BitSight’s value to users has been providing industry-leading comprehensive visibility into malware communications.

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Top 5 Trends in Telecom Risk Management

As regulations shift and providers enter new markets, the telecom industry is changing rapidly. In preparation for these changes, telecom risk management professionals must become aware of new risks on the horizon. Privacy and net...

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How to Be Confident In Your Third-Party Risk Management Program

When it comes to third-party risk management (TPRM), many organizations are just beginning to figure out the core components of their program — and some are not implementing any measures to monitor their third parties at all.

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Software Risk Management: 3 Tips for Project & Product Managers

The development and deployment of software applications is inherently risky; a number of things can go wrong both during development and after launch. Project and product managers must stay aware of risks coming from a variety of areas,...

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