class="post-template-default single single-post postid-12668 single-format-standard custom-background wp-custom-logo">

Independent Study Confirms Continuous Monitoring Gives Organisations Greater Control of Vendor Risk Management


83 Percent of North American and European Organisations Find Continuous Monitoring to be Very to Extremely Valuable in Understanding Their Vendors’ Security Posture

LONDON, UK- 13th March, 2018- 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.

BitSight logo

“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. “Understanding the security performance of your third-party ecosystem in real time enables companies to make better risk decisions quicker and at scale. With 1,000 customers actively monitoring and engaging with over 100,000 third parties, BitSight is driving innovation that we believe closely aligns with the findings of this study.”

The study surveyed 251 IT, risk, compliance and security decision makers in North America and Europe. Participants included managers, directors, vice presidents and c-level executives from organisations ranging from 1,000 to over 20,000 employees.

Key Findings:

  • It typically takes between two weeks and two months to adequately assess a vendor’s cybersecurity posture. It took 88% of organisations over two weeks to assess vendors’ cybersecurity using manual methods, leaving many organisations exposed to security control and performance gaps.
  • Outside vendor analytics are important. 87% of firms said a mixture of in-house and analytics from an outside vendor are very to extremely important when assessing third-party cyber risk management.
  • Firms recognise the value of continuous monitoring. 83% of firms said more frequent or continuous monitoring of their vendors’ cybersecurity posture would be very to extremely valuable.
  • Continuous monitoring is more than an annual survey. 49% of firms believe a key benefit of better third-party cyber risk management is improved vendor communication.
  • Firms are making the connection between continuous monitoring and improved security. 51% of firms believe a key benefit of third-party cyber risk management is improving collaboration to remediate security issues.

To download a full copy of the study, please visit http://bitsig.ht/2FlY6qQ

About BitSight
Founded in 2011, BitSight transforms how organisations manage information security risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help manage third party risk, underwrite cyber insurance policies, benchmark performance, conduct M&A due diligence and assess aggregate risk. Organisations worldwide, including seven of the top 10 cyber insurers, 20% of Fortune 500 companies, and 3 of the top 5 investment banks use BitSight’s proven Security Ratings technology on a daily basis to make integral risk and business decisions. With over 1,000 customers and the largest ecosystem of users and information, BitSight is the most widely used Security Ratings Service. For more information, please visit www.bitsighttech.com, read our blog or follow @BitSight on Twitter.

EMEA Contact Information:
Michael Bartley, C8 Consulting (UK)
+44 (0) 118 949 7750
michael@c8consulting.co.uk

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

WallStreet Forex Robot 2.0 Evolution

:::::::::::::::::::::::::::::Advt::::::::::::::::::::::::::

TRIO STEEL IS ONE OF THE MOST TRUSTED BRAND AND LEADING EXPORTER AND SUPPLIER OF CARBON STEEL, ALLOY STEEL & STAINLESS STEEL PIPES & PIPE FITTINGS MATERIAL. Triosteel is one of the leading Suppliers and Exporters of API 5L Pipe in Singapore. Triosteel also Exports to many countries like Indonesia, Iran, Saudi Arabia & many more. An API 5L pipe is manufactured by adhering to the specifications laid down by the International Organization for Standardization (ISO) 3183.

——————————————–

Wow, Super, hot Wow, Super, hot Wow, Super, hot

——————————————–

Sir Isaac Newton explained there is Gravity & Law of Gravitation but where does Gravity come from? Gravity Read everything about what are Black holes and do they really exist?

——————————————–

——————————————–

For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...

——————————————–

There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.

——————————————–

Lipodrene® é uma formulação poderosa para perda de peso e energia que contém 25 mg de extrato de efedrina marca Thermo-Z ™ e da Hi-Tech proprietária do blend Thermo-Rx ® uma mistura estimulante incrivelmente potente. lipodrene Lipodrene Reviews 1 : ”Comecei a tomar e logo na primeira dose já senti o corpo muito mais quente e energia, vamos ver o resultado final” – Hércules,31. São Paulo- SP Lipodrene Reviews 2 : ”O lipodrene foi o melhor termogênico que já tomei pq além

——————————————–

Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time

——————————————–

The Best Website Agen Poker Resmi www.sakupoker.com Terpercaya come join

——————————————–

Do you need edmonton phone systems service ? Call complete communications today!

——————————————–

High-tech solutions for easy start-up of your IPTV/OTT-business

——————————————–

——————————————–

If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.

——————————————–

——————————————–

For additional local bangkok self storage visit airportels.

——————————————–

——————————————–

——————————————–

Find all the info that you need about " testo hardworkout " at https://hardworkout.no

——————————————–

——————————————–

——————————————–