Description of BitSight Security Ratings
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 organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk.
BitSight’s solutions for Security Performance Management, Third Party Risk Management, Critical National Infrastructure, and Cyber Insurance are further bolstered by partnerships with Solactive, Refinitiv and Kovrr, broadening BitSight’s offerings for investors and cyber insurers as cybersecurity ratings continue to demonstrate a strong correlation to business performance.
BitSight is the Standard in Security Ratings with over 2,100 global customers, including 20% of the Fortune 1000, and the largest ecosystem of users and information. The BitSight Security Rating was also used by 20% of the world’s governments in 2020 and is currently available on over 40 million organizations worldwide.