How is BitSight calculated?
BitSight.com | 11 The risk vector ratings are multiplied by risk vector weights and summed to compute a raw overall rating. To compute the security rating that we show in the product, we first normalize the raw rating. This produces the desired distribution of security ratings, on a scale of 250-900.
How reliable is BitSight?
Accuracy and Validation: BitSight is proud to be the only security rating company with third-party validation of how our ratings correlate to breaches. We incorporate only the most critical, high quality risk vectors into the Security Rating to ensure the results are actionable for customers.
What does BitSight scan?
BitSight for Third-Party Risk Management scans and evaluates vulnerabilities across all of your network endpoints. By continuously monitoring your vendors, and grouping them into tiers based on the types of company data they work with will make your vendor risk management more efficient.
What is a good BitSight score?
250 to 900
BitSight’s ratings range from 250 to 900, with a higher rating indicating better cybersecurity performance. These scores are used by CISOs, CIOs, security managers, underwriters, auditors, and many others to address a company’s procedures and level of risk awareness and management.
Who owns BitSight?
BitSight
| Type | Private |
|---|---|
| Founded | 2011 |
| Founders | Nagarjuna Venna Stephen Boyer |
| Headquarters | Back Bay, Boston, United States |
| Key people | Stephen Harvey, CEO |
Who are BitSight competitors?
Competitors and Alternatives to BitSight
- SecurityScorecard.
- OneTrust.
- Prevalent.
- UpGuard.
- MetricStream.
- Black Kite.
- CyberGRX.
- NAVEX Global (Lockpath)
How much does BitSight cost?
BitSight: Public pricing information is not directly available, but prices are reported to be around $2000-$2500 per vendor per year.
What type of company is BitSight?
cybersecurity ratings company
BitSight is a cybersecurity ratings company that analyzes companies, government agencies, and educational institutions. It is based in Back Bay, Boston. Security ratings that are delivered by BitSight are used by banks and insurance companies among other organizations.
How many events are in a BitSight rating?
One Simple Rating. 44 Trillion Raw Events. One Simple Rating. Similar to a credit score, BitSight Security Ratings can range in value from 250 to 900, with the higher your rating equaling better cybersecurity performance.
What is BitSight?
Make better, faster decisions about cyber risk with BitSight, the only Security Rating with proven correlation to business outcomes. Your browser does not support the video tag. Make better, faster decisions about cyber risk with BitSight, the only Security Rating with proven correlation to business outcomes.
Why bitbitsight security ratings?
BitSight is the only security ratings provider with proven outside validation of its ratings, which have been demonstrated to correlate with data breach risk as well as business financial performance.