The report states that Bitsight boasts an unparalleled commitment to innovation and builds trust through advanced analytics.
boston, May 20, 2024 /PRNewswire/ — bit site Today, the company announced that it has been named a leader. Forrester Wave™: Cybersecurity Risk Assessment Platform, Q2 2024The new report evaluates the 10 most significant Cybersecurity Risk Assessment (CRR) platform vendors, with Bitsight receiving the highest possible scores across 18 criteria and ranking highest among all vendors in the Strategy category.
This report discusses the growing importance of cybersecurity risk assessment platforms in the global market. According to Forrester, cybersecurity risk assessment has a “very real place” among today's regulators, insurers, governments, contracts, and business relationships of all kinds. Forrester says, “Buyers are now finding even more value from these platforms.The majority of CRR customers are now using these platforms to enhance their third-party cyber risk assessment and monitoring capabilities. “I am using it.”
In addition to receiving top scores in the strategy category, Bitsight is the only leader with top scores in innovation and adoption criteria. As a pioneer in this category, Bitsight has a strong commitment to advancing the market through innovation. The report notes that Bitsight has “earned 58 patents to date” and has “the largest R&D investment compared to other vendors.”
“The world's most risk-conscious governments, regulators, investors, insurers, and enterprises rely on Bitsight's ratings and insights to make critical decisions and take action. Our innovation in ratings With our rigorous, rigorous and tested approach, we are a market leader and continually raise our ratings as the “market standard.'' steve harvey, CEO of Bitsight. “Recognition from Forrester, including top scores in innovation and adoption criteria, confirms the exceptional value our customers receive from Bitsight, which provides mission-critical cyber risk management to security and risk leaders around the world. It confirms our team's unwavering commitment to achieving this goal.” ”
According to a Forrester report, “How CRR vendors discover, attribute, and validate assets and findings separates the good from the great.” , achieved the highest possible score on the criteria of diversity of data sources, evaluation correlation tests and their results. Bitsight also received the highest scores for the following product-related criteria:
- Security performance analysis
- Exposure prioritization and remediation
- Third-party cyber risk quantification support
- Resolution of rating disputes
- In platform cooperation
- Reports and visualizations
- user experience
“Bitsight builds trust through advanced analytics and industry support.”
According to the report, “Bitsight is ideal for customers looking to centralize attack surface management, third-party risk management, and cyber insurance use cases.” Additionally, reference customers also benefit from Bitsight's executive reports and analytics. I admired it.
The report also states that “Bitsight focuses on validation of rating models and correlation studies to continually test the consistency of ratings with real-world incidents.” Additionally, “the company's state-of-the-art security performance analysis module provides deep insight into control performance.”
The recognition from Forrester comes on the heels of several recent product innovations by Bitsight, including new products in the past six months. AI-powered discovery and attribution engine and Integrated third-party risk management solutionand that new Vendor discovery and Portfolio risk analysis ability.
Download the report here.
About bit site
Bitsight is a global cyber risk management leader that transforms how organizations manage exposure, performance, and risk for themselves and third parties. Businesses rely on Bitsight to prioritize cybersecurity investments, build greater trust within their ecosystem, and reduce the potential for financial loss. Built on more than a decade of market-leading innovation, its integrated solutions deliver value across enterprise security performance, digital supply chain, cyber insurance, and data analytics. For more information, please visit: bitsight.com Or contact us here linkedin.
1 The Forrester Wave: Cybersecurity Risk Assessment Platform, Q2 2024
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