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 Risk Management Best Practices for Enterprise

Companies are becoming increasingly reliant on third-party relationships, and cyber attacks originating in the systems of third parties are on the rise.

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Airbus Incident Shines Spotlight on Third-Party Vendor Security Risks

2019 has been a year of high-profile attacks, and, as we predicted, it’s only getting worse. That’s certainly the case for Airbus.

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A Vendor Risk Management Questionnaire Template

IT Risk Assessment Questions for Third Parties

Digital relationships with third-party vendors increase opportunities for growth, but they also increase opportunities for cyberattacks — a recent study found that 61% of U.S. companies said...

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Worthwhile TPRM Certifications for Security & Risk Professionals

As the importance of third-party risk management (TPRM) continues to grow, organizations are hiring for related roles more seriously than ever before. To compensate, security and risk professionals are seeking out certification programs in...

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Which Third-Party Risk Management Tools Do You Really Need?

With high-profile breaches being traced back to supply chain vulnerabilities and a regulatory environment that’s waking up to the realities of vendor risk, many organizations are investing heavily in third-party risk management (TPRM)...

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New Study: Organizations Struggle to Manage Cyber Risk in Their Supply Chains

A new report from McKinsey & Company sheds light on something we’ve known for many years – organizations are struggling to make significant progress in managing cybersecurity risk in their supply chains.

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Eradicate Cyber Threats: Launch Your Third-Party Risk Management Program

When launching a third-party risk management (TPRM) program, one of the best places to begin to be proactive about mitigating cyber risk from your third parties is by examining the vulnerabilities present on their network. Despite global...

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3 Software Tools Transforming the Vendor Selection Process

The world of procurement has been fundamentally changed by the introduction of technology. Source-to-pay software has brought digital workflows and automation to time-consuming processes like creating RFPs, managing contracts, and...

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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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