Press Releases

BOSTON — March 10, 2020 — Bitsight, the Standard in Security Ratings, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2020.
The World’s Most Innovative Companies list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in to

BOSTON — February 24, 2020 — Bitsight, the Standard in Security Ratings, today announced Bitsight Attack Surface Analytics, a new Security Performance Management solution, at RSA Conference 2020 San Francisco. With Bitsight Attack Surface Analytics, security and risk leaders can quickly validate their organizations’ digital footprint, assess security posture and cyber risk reputation, and take steps to reduce their cyber risk exposure. In addition to this new innovation, Bitsight is moderating a panel at the conference with thought leaders from Goldman Sachs, Moody’s and Rain Capital about the impact of cyber risk on financial investment decisions.
Bitsight Attack Surface Analytics: Mitigating Risk in an Expanding Digital Ecosystem
As organizations’ digital ecosystems co

BOSTON — February 3, 2020 — Bitsight, the Standard in Security Ratings, today announced that the company closed its fiscal year ending January 31st with more than 2,100 customers worldwide, demonstrating that the company’s solutions for Security Performance Management, Third Party Risk Management, Critical National Infrastructure, and Cyber Insurance are helping organizations reduce risk, achieve better operational efficiency, safeguard their reputation, and securely scale their business. Bitsight’s solutions are based on the industry’s broadest, most unique, and most credible collection of cybersecurity performance data, which surpassed 200 billion data points collected per day in FY 2020.
Bitsight set new usage milestones in FY 2020 as the company continues to provide the most efficient, productive and useful

BOSTON — January 7, 2020 — Bitsight, the Standard in Security Ratings, today announced it has appointed Stephen Harvey as CEO. Harvey joins Bitsight from Institutional Shareholder Services (ISS), a private equity-owned and rapidly growing fintech, data and proxy advisory firm, where he served as Chief Operating Officer.
Harvey replaces Bitsight CEO Tom Turner, who is stepping down after a six-year tenure with the company and will continue to serve as an advisor to

BOSTON — December 16, 2019 — Bitsight, the Standard in Security Ratings, today announced several enhancements to its Bitsight for Fourth-Party Risk Management solution that provides organizations with deeper, automated and continuous visibility into their extended business ecosystem to help them more effectively manage fourth-party risk. The only solution of its kind in the security ratings market, Bitsight for Fourth-Party enables organizations to identify areas of concentrated business and cyber risk by automatically pinpointing connections between any organization, its business partners, and potentially risky fourth-parties. Updates include expanded observable fourth-party datasets, including 80 categories of technology service providers (e.g. hosting, DNS, CDN, security, expense management) and more than 11,000 technology products (e.g. Amazon Web Services, Microsoft Azure, Dyn DNS, Microsoft Office 365), and an enhanced user experience.
As organizations’ vendor and fourth-party ecosystems continue to expand, so does their risk surface; however, lack of visibility into that ecosystem

BOSTON, MASS., November 7, 2019 — Bitsight, the Standard in Security Ratings, today announced it ranks #246 on the Deloitte Technology Fast 500™ list of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Bitsight grew 447% during the fiscal period between 2015 and 2018.
Bitsight’s Chief Executive Officer, Tom Turner, credits product and service innovation, a strong leadership team, and heightening recognition of the importance of cy

BOSTON — October 2, 2019 — Bitsight, the Standard in Security Ratings, today announced the agenda for EXCHANGE 2019, the leading annual gathering for security and risk professionals, taking place on October 16-17, 2019 at The Manhattan Center in New York City.
EXCHANGE 2019 brings business, technology and government leaders together to discuss strategies for monitoring, managing and reducing the growing cyber risk facing all organizations today. The collaborative event will examine “The Inte

BOSTON — September 24, 2019 —  Bitsight, the Standard in Security Ratings, and ServiceNow (NYSE: NOW) today announced the launch of two new certified ServiceNow applications – Bitsight for Vendor Risk Management and Bitsight for Security Incident Response – now available in the ServiceNow app store. These applications unleash a new level of automation, prioritization, and insight, providing customers with clarity on cyber risk and security performance as part of digital workflows.  

BOSTON — September 3, 2019 — Bitsight, the Standard in Security Ratings, today announced the availability of a new study that evaluates how executives understand and effectively measure their cybersecurity performance and adequately communicate it to the board, senior executives, customers, and critical stakeholders. The September 2019 commissioned study conducted by Forrester Consulting on behalf of Bitsight titled, “Better Security And Business Outcomes With Security Performance Management” indicates that cybersecurity performance is critical to achieving commercial success. Among the study’s most interesting findings is that nearly two in five (38 percent) of enterprises admit that they have lost business due to either a real or perceived lack of security performance within their organization. 
“Financial success, brand perception, business continuity and company reputation now all hinge on security performance,” said Tom Turner, CEO, Bitsight. “B

BOSTON — August 13, 2019 —  Bitsight, the Standard in Security Ratings®, today announced Bitsight Enterprise Analytics, the latest Security Performance Management solution available on the Bitsight platform. Bitsight Enterprise Analytics helps security and risk leaders quickly gain insight into the impact of risk introduced at the organizational group level – from subsidiaries to business units and departments – enabling them to identify the areas of highest risk concentration within their organizations. The solution provides visibility into which groups have the biggest impact on their organizations’ overall cyber risk posture and helps identify areas for security performance improvement.

Large enterpris

Boston, Mass. — April 2, 2019 — Bitsight, the Standard in Security Ratings, and the Center for Financial Professionals (CeFPro) today released a joint study shedding light on how financial institutions are addressing challenges associated with third-party cyber risk. Based on a survey of financial services professionals from around the world, the “Third-Party Cyber Risk for Financial Services: Blind Spots, Emerging Issues & Best Practices” report found that managing third-party cyber risk is critical to their businesses, but a lack of continuous monitoring, consistent reporting, and other blind spots are creating challenges that could leave organizations vulnerable to data breaches and other consequences.
Most organizations work with hundreds, if not thousands, of third parties, creating new risks that must be actively managed. The financial industry, in particular, has a massive business ecosystem made up of legal

BOSTON — March 19, 2019 — Bitsight, the Standard in Security Ratings, today announced the availability of a new capability for insurers that delivers accurate, trusted security performance information on millions of small- and medium-sized insurance applicants in just seconds, enabling underwriters to rapidly evaluate and price cyber risk for the growing SMB market. This new rapid cyber underwriting assessment leverages Bitsight’s market-leading security ratings platform and provides the most comprehensive, trustworthy security performance information available in the marketplace today.
“Nearly half of the global cyber premium is written by Bitsight’s insurance customers, so we understand the unique challenges facing this community,” sai