In today’s day and age, reducing cyber risk needs to be a priority for your organization — but what is the most effective way to tackle building your security program? For seven years, Bitsight has proven that we have the most time-tested, trusted, and actionable security ratings that are now used by over 2,100+ customers. But when you become a Bitsight customer, what are the benefits that you actually receive besides our world-class security ratings solution?
Leverage a standard, recognizable brand and metric to facilitate collaborative risk mitigation.
When working with your third parties (and their third parties, or your fourth parties), the growing recognition of Bitsight as the clear choice in the security ratings market will allow conversation (and ultimately, risk reduction) to flow more easily. This is because of the familiarity of the Bitsight brand; there is less explanation required when leveraging Bitsight Security Ratings to facilitate data-driven, risk based conversations with those third and fourth parties.
Bitsight reports are commonly the ones being shared with CISOs and other executives more often than any other security rating report. With security incidents increasingly impacting companies’ bottom lines, the Board and the C-suite need an acute understanding of their security posture to inform their decision making. Now more than ever, Boards and executives are looking for greater oversight of the security risk profile of their organizations, including the risk posed by third party vendors and suppliers. For security and risk managers, compiling the right metrics for review is often time-consuming and challenging — that’s where Bitsight can help by providing an objective, actionable metric that quantifies cyber risk.
Not only do Boards and executives rely on Bitsight for reporting purposes, but cyber insurance companies do as well. Bitsight enables cyber insurance carriers, reinsurers, brokers and risk managers to seamlessly identify and measure the risk associated with underwriting cyber liability. This can make it easier for you to leverage your Bitsight Security Rating with your cyber insurance carrier. Today, nearly half of all global cyber insurance premium is written by Bitsight customers.
Gain access to a large, proven ecosystem.
As a part of Bitsight’s customer base, you will come to understand that Bitsight has the most organizations reviewing, testing, and annotating our data and ratings daily — that is a large part of our value. This ecosystem also provides input on product features, and helps us to innovate and develop desired capabilities (as well as improve upon existing functionalities). We value the opinions and input of our community and the contributions that they make to our offering.
