Benefits of a cybersecurity assessment tool
When using Bitsight Security Ratings as a cybersecurity assessment tool, organizations can:
Benchmark security performance.
Bitsight helps organizations quantify their cyber risk, measure the impact of their security efforts, and benchmark their performance against peers. With a detailed view into compromised systems and diligence data, organizations can better identify the sources of risk and take quick action to address them. By benchmarking security performance, organizations can more easily share cybersecurity KPIs with stakeholders while giving risk and security teams the information and intelligence they need to address serious issues and improve cybersecurity planning.
Manage third-party risk.
The security posture of vendors, clients, partners, and acquisition targets can significantly impact an organization's risk management efforts. Bitsight's security ratings serve as a vendor risk assessment to help organizations quickly and cost-effectively understand risk within third-party networks, prioritize assessments, and adjust security controls.
The ideal cybersecurity assessment tool
While cybersecurity threats and vulnerabilities continue to proliferate and evolve, organizations are often in the dark today when it comes to understanding security performance. Many lack the ability to evaluate their own security performance, let alone the risk posed by third-party vendors. The right cybersecurity assessment tool can help by accurately measuring both an organization's security posture and its vendor ecosystem.
Bitsight, a pioneer in the security ratings market, provides a powerful cybersecurity assessment tool that transforms how organizations evaluate risk and security performance. Employing the outside-in model used by credit rating agencies, Bitsight's automated tools continuously measure and monitor security to improve Security Performance Management and Third-Party Risk Management.
Cybersecurity assessment with Bitsight
Bitsight Security Ratings provide a cybersecurity assessment tool that can mitigate cybersecurity risk across the enterprise. Security Ratings from Bitsight don't rely on traditional techniques like questionnaires, on-site visits, or penetration testing. Rather, security ratings provide objective indicators of an organization's security performance by leveraging observable data from a wide range of sources.
Bitsight's cybersecurity assessment tool gathers four categories of data to produce security ratings.
- Compromised systems are devices in a network infected with malware. They may be infected with botnets, sending large volumes of spam, hosting a malicious website, sending unsolicited communications, or potentially running unwanted applications that leave the system open to adware, spyware, and remote access tools.
- Diligence records identify the measures a company has taken to thwart attacks. Bitsight identifies things like patching cadence, TLS/SSL configuration, open ports, SPF/DKIM, domain squatting, and other risk vectors.
- User behavior data shows activities like filesharing or exposed credentials that can open the organization to risk.
- Publicly disclosed breaches and interruptions to business continuity help identify incidents where the company was at fault for data loss.
By weighing this data according to the risk it presents to the organization, Bitsight calculates a daily rating – a number between 250 and 900 – for more than 540,000 organizations.
Why choose Bitsight?
An industry-leading solution
Bitsight is the world’s leading provider of cyber risk intelligence, transforming how security leaders manage and mitigate risk. Leveraging the most comprehensive external data and analytics, Bitsight empowers organizations to make confident, data-backed decisions and equips security and compliance teams from over 3,300 organizations across 70+ countries with the tools to proactively detect exposures and take immediate action to protect their enterprises and supply chains. Bitsight customers include 38% of Fortune 500 companies, 4 of the top 5 investment banks, and 180+ government agencies and quasi-governmental authorities, including U.S. and global financial regulators.
Extensive visibility
Bitsight operates one of the largest risk datasets in the world. Leveraging over 10 years of experience collecting, attributing, and assessing risk across millions of entities, we combine the power of AI with the curation of technical researchers to unlock an unparalleled view of your organization. Bitsight offers more complete visibility into important risk areas such as botnets, mobile apps, IoT systems, and more. Our cyber data collection and scanning capabilities include:
- 40 million+ monitored entities
- 540 billion+ cyber events in our data lake
- 4 billion+ routable IP addresses
- 500 million+ domains monitored
- 400 billion+ events ingested daily
- 12+ months of historical data
Superior analytics
Bitsight offers a full analytics suite that addresses the challenges of peer comparison, digital risk exposure, and future performance.
Ratings validation
Bitsight is the only rating solution with third-party validation of correlation to breach from AIR Worldwide and IHS Markit.
Quantifiable outcomes
Bitsight drives proven ROI with significant operational efficiency and risk reduction outcomes.
Prioritization of risk vectors
Bitsight incorporates the criticality of risk vectors in to calculation of Security Ratings, highlighting risk in a more diversified way to ensure the most critical assets and vulnerabilities are ranked higher.
