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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.

BitSight EXCHANGE Sound Bites: Risk Management in Financial Services

In the months since BitSight’s inaugural EXCHANGE forum, we have been digesting and processing the incredible sessions and discussions that came about from this forum. It was a great event that brought together security executives from all...

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What’s Behind Your Risk Matrix?

This quarter, BitSight released several new product features that enable organizations to more rapidly assess, prioritize and manage cyber risk. These new capabilities — the Portfolio Risk Matrix and Asset Risk Matrix — leverage BitSight’s

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Cybersecurity and Banking: 3 Trends to Watch in 2019

Banks have always been at the forefront of enterprise cybersecurity. Their enormous stores of cash and consumer data have made them a top target for hackers, and the threat of financial losses, regulatory consequences, and reputational...

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Improve IT Vendor Monitoring with Data-Driven Conversations

Businesses are becoming increasingly reliant on outsourced IT services to support day-to-day operations.

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3 Surprising Ways Supply Chain Cybersecurity Can Impact Retailers

Retail operations, whether in-store or online, rely on a long chain of connections between third parties. When attackers target one of these third parties, they can wreak havoc on the supply chain, affecting business operations up and down...

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Streamline Your Bank's Third-Party Vendor Management Risk Assessments

Banks and other financial institutions are a proving ground for new risk management methods. High risk and intense regulations feed into a culture of serious, comprehensive security — a culture that has manifested in mature methodologies...

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Should Cybersecurity Have a Voice in Vendor Procurement?

Business leaders now realize that their data is being exposed to risk by their vendors, and that monitoring and remediating these threats is a necessary part of an effective cybersecurity program.

However, even companies with strong vendor...

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Fact or Fiction (Part 3): How Security Ratings Play a Role in Third-Party Risk Management

Over the course of this blog series, we’ve addressed some of the major concepts surrounding third-party risk, as well as addressed some misconceptions. In this final post, we’ll continue to examine the last three of the top notions...

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Fact or Fiction (Part 2): More Misconceptions About Third-Party Risk Management

There are many third-party risk concepts, some of which we addressed in the first blog post of this series. While third-party risk management (TPRM) programs are becoming increasingly common for businesses, there are still some...

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