In the event you’re concerned in IT threat or cybersecurity, you’ve in all probability encountered BitSight Applied sciences. It’s considered one of a wave of promised options to the rising downside of managing third-party risk posed by your IT distributors within the cloud.
Previously, third-party risk management and vendor risk management was solved with a mixture of spreadsheet-based vendor assessments, sporadic penetration testing and vulnerability scans. In the event you mix this with subjective measurement and scoring of threat, you’re in all probability taking up much more cybersecurity risk than you need to be.
BitSight guarantees to translate the technical complexity of cyber security publicity right into a single BitSight security rating, a rating akin to a credit score rating you may take to administration and the board. You may also use cyber security ratings for pricing cyber insurance coverage insurance policies, due diligence for M&A and threat analytics.
This sounds nice. A measurable, repeatable method to managing cyber risk. However earlier than you commit, you must contemplate different SaaS options like SecurityScorecard, a New York primarily based firm or UpGuard. See our article on the distinction between BitSight and SecurityScorecard.
UpGuard does what BitSight does however higher with real-time risk intelligence and extra capabilities to cope with different cyber threats like malware and your IT infrastructure.
About UpGuard
UpGuard was based in 2012 by technologists from a few of Australia’s largest monetary service firms. Utilizing their first-hand expertise, they constructed a platform to cut back the chance of safety incidents.
With proprietary, patented information visualization and threat evaluation algorithms, UpGuard offers operations and safety departments the power to find and perceive their digital surfaces, community safety and digital provide chain to cut back their cybersecurity risk.
Now, these capabilities have been turned outward to the general public web to seize the digital surfaces past the boundaries of the enterprise comparable to cloud storage options. UpGuard is headquartered in Mountain View, California with workplaces in Sydney, Australia. UpGuard additionally works with insurance coverage firms and underwriters as a part of their cyber insurance coverage course of.
In contrast to our rivals, we have now clear transparent pricing so you can also make a call shortly.
Stop Knowledge Breaches and Knowledge Leaks
The actual energy of UpGuard is preventing data breaches. Data breaches and data leaks are probably the most important threat to what you are promoting. A breach in buyer information has the facility to break what you are promoting severely. Simply ask, Equifax, Yahoo or one of many different victims of the biggest data breaches.
UpGuard BreachSight is the one answer that repeatedly scans for and discovers information exposures associated to all components of what you are promoting. Stop reputational and regulatory hurt by securing leaked information earlier than it falls into the fallacious fingers.
We’ll warn you when worker login credentials are compromised or stolen. We scan hundreds of identified breaches for personally identifiable information (PII). The truth is, our data breach research has been featured within the New York Times, Bloomberg, Washington Post, Forbes and Techcrunch.
With over 3 million information breaches discovered we imagine that is an epidemic. Your essential metric ought to be ‘breaches prevented’, not ‘points discovered’.
Perceive Every Vendor’s Cybersecurity Posture
Together with safety questionnaires, UpGuard VendorRisk might help you discover, monitor and monitor your vendors‘ safety efficiency over time with our prompt vendor search. We’ll additionally benchmark their efficiency in opposition to their trade so you may hold your distributors accountable. We’ll price your vendor’s safety in opposition to 50+ standards and provides them a Cyber Safety Ranking that’s calculated day by day, with the choice to immediately refresh their security posture in real-time.
The truth is, we’ll even monitor the distributors of your distributors that will help you handle fourth-party risk.
Different merchandise like BitSight additionally rating distributors. Nonetheless, they take days to attain a brand new vendor versus UpGuard’s correct and prompt scoring.
Automate Safety Questionnaires
Safety questionnaires are a vital a part of your vendor risk management program and might uncover points referring to the seller’s information security policy and procedures that result in safety dangers. UpGuard VendorRisk might help you get deeper insights with questionnaires and scale your safety crew by serving to you create, ship and monitor safety questionnaires mechanically.
BitSight doesn’t make it easier to handle safety questionnaires.
Can’t determine? Assume In regards to the Drawback You’re Attempting to Remedy
There are many merchandise on the market with numerous options and variations between them. BitSight, SecurityScorecard and UpGuard are all succesful. However you will not but discover a silver bullet answer that covers all features of managing IT vendor threat.
It could be useful to ask your self what downside you’re actually attempting to unravel. We at UpGuard have a distinct view to our friends. We provide the potential to search out and shut information breaches earlier than they damage what you are promoting and your prospects.
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