Mitigate cyber risk with BitSight Security Ratings
BitSight Security Ratings are a powerful tool for proactively reducing risk throughout the attack surface. Providing an outside-in view of any organization’s security posture, security ratings provide cyber threat intelligence that takes the guesswork out of evaluating security performance and vendor cybersecurity hygiene.
BitSight Security Ratings range in value from 250 to 900, with higher ratings equating to better cybersecurity performance. To generate ratings, BitSight gathers and evaluates terabytes of publicly available data on security behaviors from more than 120 sources around the globe. Ratings are based on objective, externally verifiable information about a company’s security performance in four areas: compromised systems, security diligence, user behavior, and data breaches. By gathering this data daily and analyzing it for severity, frequency, duration, and confidence, BitSight can produce accurate Security Ratings that are proven to correlate to risk of breach.
The cyber threat intelligence generated by BitSight ratings lets you avoid blind spots across your digital perimeter, including third-party portfolios, subsidiaries, and M&A networks. With BitSight, you can easily report on aggregate cyber risk to meet internal, regulatory, and compliance requirements, identifying vulnerabilities and infections, as well as the specific vendors who are susceptible to them. Security ratings provide insight into the underlying technology that third parties rely on, helping you constantly monitor endpoints to proactively mitigate cyber risk throughout your organization.
Three ways to use BitSight Security Ratings
You can use BitSight Security Ratings and the cyber threat intelligence they provide to proactively mitigate risk in three critical ways:
Benchmark security performance
BitSight enables your organization to quantify cyber risk, measure the impact of mitigation efforts, and benchmark performance against industry peers. Through continuous controls monitoring, BitSight ratings can help identify the sources and root causes of risk, and the actions that can help to mitigate it.
Third-party risk management
BitSight Security Ratings enable your third-party risk teams to quickly and efficiently identify risk throughout the vendor lifecycle. BitSight can help determine which vendors to assess first, which to assess in greater detail, and which vendors to terminate because of unacceptable risk levels. Security ratings can also provide cyber threat intelligence as part of the M&A due diligence process.
Increase cyber risk awareness
As executives and boards seek greater visibility into security risk, BitSight tools for cyber risk quantification provide an easy way to assess risk in business terms and to facilitate productive conversations and decisions around cyber risk. Executive level dashboards can be used to educate management teams and provide context for decisions around funding for remediation efforts and business priorities.