Managing cyber risk is no small task. Companies limit cyber risk and access with tools like firewalls, IDS, IPS, and malware protection.
But what about your business partners and vendors? How do you ensure their security is as strong as yours?
Sure, contractual agreements and vendor audits pass most company liabilities to their vendors or their partners. And certifications and audit standards such as SOC, FISMA, and ISO gauge an organizations’ commitment to security and process.
But these methods are decidedly non-digital. Aside from actively scanning your vendors, how do you know that they protect your data as diligently as they claim?
To solve these challenges, Hypershift has partnered with Bitsight. Bitsight is the world’s preeminent cyber risk reduction platform.
Today, organizations share sensitive data with dozens or hundreds of business partners. This exposes them to the risk of a breach through a partner network. BitSight gathers data from multiple massive sources to provide a comprehensive view of a company’s security posture. This information is then federated to a security rating which, like a credit rating, quantifies the efficacy of a partner’s security program.
See how Bitsight can help your organization:
How does Bitsight work?
Bitsight provides a security rating to help your company understand its own performance, assess the cyber risks within their industry, and have objective, verifiable, and actionable data that can be used to improve your security posture or measure a business partner or vendor.
What are Bitsight’s Security Ratings?
Security Ratings are like a credit score for your IT Security. Bitsight’s ratings range from 250 to 900, with higher scores indicating better cybersecurity performance.
They are used by CISOs, CIOs, IT auditors and security managers, and underwriters (who assess you when applying for cyber insurance). They are updated daily from a variety of data sources, including the largest most advanced honeypot network, crowdsourcing, and other public internet-based passive monitoring.
Security ratings take historical security performance and current performance into account. You can configure alerts based on changes in ratings to ensure you and your vendors stay above a certain threshold.
Bitsight collects data on billions of online events. From that data, you can see:
Request more information or your company’s own security rating snapshot here.