- Why BitSight?
BOSTON — February 27, 2019 — BitSight, the Standard in Security Ratings, today announced the availability of BitSight Peer Analytics, the latest Security Performance Management offering on the BitSight platform. Leveraging the world’s most trusted and comprehensive view of security performance across hundreds of thousands of global organizations, BitSight Peer Analytics provides security and risk leaders unprecedented visibility into the relative performance of their security programs against their peers and sector. The solution enables organizations to meet and surpass their industry standard by setting achievable security performance improvement goals, effectively allocating limited resources, and efficiently prioritizing security efforts. Peer Analytics will be demonstrated at the BitSight booth #3434 at RSA Conference, being held March 4-8, 2019 in San Francisco.
BitSight Peer Analytics provides organizations with the world’s leading industry and critical peer group cybersecurity performance measurements. Security leaders now have real-time access to broad, deep, meaningful, objective data and metrics on industry-wide security and peer-level performance across multiple categories of vulnerabilities and incidents. The Peer Analytics solution allows customers to compare themselves to configurable groups of their peers -- a group of hundreds or even thousands of companies, by industry, sub-industry, company size, and other useful benchmarks. This information allows security and risk leaders to:
It has never been more important for security and risk leaders to know their industry’s security performance standards and perform peer and sector-wide security benchmarking. Organizations face legal liability for failing to meet customer requirements and industry-wide standards of care for cybersecurity. But due to the ever-changing nature of the cyber landscape, expectations and standards of care are constantly in flux -- what was “adequate” security yesterday may not be today. Traditional approaches to cyber assessment (like point-in-time security audits and compliance reviews) provide only limited internal security performance analysis with no insight into industry-wide standards for a comprehensive, real-time comparative assessment.
“Peer Analytics offers unprecedented visibility at the most granular level to help security leaders make data-driven, defensible decisions -- proactively rather than reactively,” said Dave Fachetti, Executive Vice President and Chief Marketing Officer at BitSight. “On a larger scale, this capability will help organizations meet industry standards of care for cybersecurity, enabling them to benchmark security performance against their peers in order to remain competitive and firmly aligned to their sector’s best practices. This standardization of security performance will be invaluable as we continue to see legal, financial and reputational fallout for organizations involved in major breaches.”
Stop by RSA booth #3434 for a demo of Peer Analytics in South Hall and talk to a BitSight security expert. To learn more, visit https://www.bitsight.com/rsa-conference-2019.
Founded in 2011, BitSight transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct M&A due diligence and assess aggregate risk. With over 1,500 global customers and the largest ecosystem of users and information, BitSight is the most widely used Security Ratings Service. For more information, please visit www.bitsight.com, read our blog or follow @BitSight on Twitter.