The expansion of the extended enterprise has reached a tipping point, fueled by cloud-based technology and outsourcing. In parallel, third-party data breaches are at an all-time high. There is a growing awareness that third-party cyber risk must be managed.
Gartner estimates that by 2020, 75% of Fortune Global 500 companies will treat vendor risk management as a Board-level initiative to mitigate brand and reputation risk.
Current approaches to managing third-party cyber risk are helpful but only provide a brief snapshot. To proactively mitigate risk, organizations need automated tools that continuously measure and monitor the security performance of vendors.
BitSight for Third-Party Risk Management immediately exposes cyber risk within your supply chain, helping focus your resources, and work alongside you and your vendors to achieve significant and measurable cyber risk reduction.
BitSight gives you insight into the riskiest issues impacting your vendors, backed by data that correlates to potential security incidents and context from the most engaged community of risk and security professionals.
With BitSight, you can quickly launch, grow, or optimize a third-party risk management program with the resources you have today.
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BitSight’s View into the NSA’s Top Vulnerabilities
BitSight is helping organizations gain visibility into some of the most risky vulnerabilities identified by the NSA. We analyzed the security performance of more than 200,000 global entities across 22 sectors to identify trends across a number of high risk vulnerabilities highlighted in the NSA alert.