Press Releases

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.

BOSTON, MASS. – JANUARY 22, 2019 -- Bitsight, the Standard in Security Ratings, today announced that the company finished 2018 with more than 1,500 customers, a suite of market-leading innovative products and services, and the most productive security ratings platform in the world. “With key personnel and significant financial resources in place, Bitsight is prepared in 2019 to help global customers in all sectors address critical cyber risk challenges” said Tom Turner, CEO of Bitsight.
2018 presented significant cyber risk management challenges for global organizations and their sta

BOSTON, Mass. – November 13, 2018 – Bitsight, the Standard in Security Ratings, today announced that it has been named a Leader in The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018 evaluation. Bitsight believes its inclusion and positioning in this report further affirms Bitsight’s visionary and strategic approach as well as its dominant market presence in the emerging, globally significant security ratings market. 
In Forreste

CAMBRIDGE, MASS. -- November 1, 2018 -- BitSi

CAMBRIDGE, MASS. -- September 20, 2018 -- Bitsight, the Standard in Security Ratings, today announced the agenda for EXCHANGE 2018, the premier event for security and risk professionals, taking place on October 9-10, 2018 at the InterContinental New York Times Square.
EXCHANGE 2018 is an exclusive gathering, where top business leaders will network

CAMBRIDGE, MASS. -- September 5, 2018 -- Bitsight, the Standard in Security Ratings, today announced the availability of Bitsight Forecasting, the first analytics offering in the Security Rating Services industry to provide direct visibility into a company’s current and future security program, as well as insights into the efficacy of its investments and initiatives. Bitsight Forecasting will help customers identify the optimal course of action to improve their cybersecurity risk posture. Leveraging unique risk and security analytics available only through the Bitsight ecosystem, customers can model various security scenarios and project how changes to processes, technologies and culture will impact their environment.
“Security is complex and today’s threat landscape has made it increasingly difficult for organizat

CAMBRIDGE, MASS. -- July 9, 2018 -- Bitsight, the Standard in Security Ratings, today announced EXCHANGE, the premier event for security and risk professionals. The event is being held on Wednesday, October 10, 2018 at the Intercontinental New York Times Square.
Designed to help organizations meet the demands of today’s dynamic cyber risk landscape, EXCHANGE is an exclusive gathering where top business

CAMBRIDGE, MASS. -- June 28, 2018 -- Bitsight, the Global Standard in Security Ratings, today announced that it has closed $60 million in Series D funding, bringing the company’s total funding to $155 million. Bitsight’s Series D financing was led by Warburg Pincus, with participation from existing investors Menlo Ventures, GGV Capital and Singtel Innov8. The financing enables Bitsight to continue its rapid global expansion and extend its portfolio of market-leading security risk management solutions, while further validating Bitsight’s leadership position as the global standard for security ratings.
Bitsight pioneered the security ratings market in 2011, as the first company to develop a security rati

CAMBRIDGE, MASS. -- May 16, 2018 -- Bitsight, the Standard in Security Ratings, today announced plans to relocate its headquarters to 111 Huntington Avenue, which is part of the Prudential Center complex located in Boston’s Back Bay. The new location  provides Bitsight with the ideal environment to keep pace with its tremendous business, customer and employee growth. Plans for the move are expected to take place toward the end of this year. 
“The Metro Boston  region is widely recognized as a hub for driving technology innova

The Verizon Risk Report combines Verizon’s Data Breach Investigations Report (DBIR) series’ extensive cybercriminal activity database, the company’s Professional Service consultants’ expertise and specialized data sources from technology providers including  Bitsight, Cylance, Recorded Future and Tanium to create an automated, comprehensive security risk scoring framework that identifies current security gaps, weaknesses and associated risks on a daily basis.
“Security strategies have historically been focused on static defenses,” said Alex Schlager, executive director, security services, for global products and solutions at Verizon, “but in today’s fast-evolving security landscape, to be truly effective they need to be dynamic, proactive and adaptable. Businesses can no longer wait for cyber-threats to occur, or rely on historical security strategies created to deal with yesterday

Bitsight, the Standard in Security Ratings, today released the results of a March 2018 commissioned study conducted by Forrester Consulting titled “Take Control of Vendor Risk Management Through Continuous Monitoring.” The findings reveal that current methods for managing third-party risk are inefficient and that companies must adopt continuous monitoring to detect security and risk issues to better understand their vendors’ cybersecurity posture and overall risk posed to their business.
“I believe this study validates what we’ve always known, continuous monitoring is critical for effective vendor risk management,” stated Tom Turner, CEO of Bitsight.

Bitsight, the Standard in Security Ratings, today released a new Bitsight Insights report titled, “Beyond Uncle Sam: Analyzing the Security Posture of U.S. Government Contractors and Subcontractors,” which examines the security performance of the federal government and the cyber risk third-parties, contractors, and subcontractors pose. The findings reveal that the cybersecurity performance of government contractors lags federal agency performance in a number of categories, placing sensitive government data at risk.
“Tens of thousands of government contractors hold sensitive data or perform services on behalf of federal agencies. The U.S. government must be focused on evaluat