Overview

Bitsight provides a powerful cybersecurity platform that delivers risk intelligence to financial institutions. It helps assess and manage digital security risks across third-party vendors, monitor potential threats in real-time, and ensure compliance with industry regulations. By quantifying cyber risk, financial organizations can prioritize actions to protect sensitive data, safeguard business operations, and improve their overall security posture. Bitsight’s tools enable more effective decision-making, from risk assessment to incident response, while promoting transparency and trust in digital operations.

Features and Capabilities

• Continuous Cybersecurity Monitoring: Bitsight tracks and evaluates cybersecurity risks in real-time, offering instant alerts on potential threats.
• Quantitative Risk Assessment: Measures cyber risk exposure by assigning financial values, helping organizations understand the financial impact of breaches.
• Third-Party Risk Management: Extends risk monitoring to external vendors, ensuring that all partners meet security standards.
• Regulatory Compliance Assurance: Facilitates compliance with standards such as FFIEC, GDPR, and DORA through automated checks.
• Incident Detection and Response: Identifies and assesses security incidents, enabling faster remediation actions.
• Cybersecurity Benchmarking: Offers benchmarking against industry peers to evaluate an organization’s security posture.
• Executive-Ready Reporting: Provides clear, actionable reports designed for executives to make informed decisions on risk management and security strategy.
• Performance Analytics: Tracks long-term trends in cybersecurity performance, helping organizations prioritize future investments.