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.
Insights 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 and Google collaborate to reveal global cybersecurity performance
Bitsight and Google collaborate to reveal global cybersecurity performance
This joint study between Bitsight and Google arms organizations with actionable insights, providing the current status of global cybersecurity performance by analyzing nearly 100,000 global organizations across 16 cybersecurity controls and nine industries amid heightened stakeholder demands on cybersecurity strategy.
Last week we wrote about how to assess your risk and reduce your exposure when it comes to Shellshock. While all other products and vendors are helping customers discover Shellshock within their own environment, we uniquely help customers understand whether the vulnerability exists within their supply chain. Supply chain oversight is so fundamental that the Federal Financial Institutions Examination Council has already issued a warning to banks regarding their third party service providers, urging them to assess risk and “execute mitigation activities with appropriate urgency.”
As executives and corporate boards are increasingly being called upon to act on cyber security issues, security practitioners need new tools to better communicate performance to upper level management. Benchmarking, a tool used by businesses to track performance, can (and should) be used to better communicate and understand security posture.
Last week Stephen Boyer, CTO and Co-Founder of Bitsight, and Oliver Brew, VP of Professional, Privacy and Technology Liability at Liberty International Underwriters, hosted a webinar titled, "Security Ratings: A Big Data Approach to Measuring and Mitigating Security Risk". During this webinar, they discussed the challenges to measuring security risk and how Security Ratings can give businesses the tools to proactively identify and mitigate risk.
In light of the recent news of retailers being attacked late last year, we at Bitsight looked into our security ratings (an external measure of a company’s security posture) to gain some insight into these attacks.
With increased emphasis on third party risk management coming down from regulators and executive boards alike, cyber risk in the extended enterprise is shaping up to be a hot topic in 2014.