Announcing a landmark partnership.
Bitsight receives $250 million investment and acquires VisibleRisk, ushering in a new era of cybersecurity.
A Note From Bitsight's CEO, Steve Harvey
Cybersecurity is the biggest threat to global commerce in the 21st century.
The last 18 months have highlighted the financial and operational impact that cyber attacks can have on businesses of all sizes and sectors, and their supply chains.
At Bitsight, our cybersecurity ratings and analytics provide valuable insight to help insurers, investors, enterprises, and governments manage cyber risk.
And we have some exciting news to share.
In a landmark deal, Bitsight and Moody’s are partnering to empower the market to make better, informed decisions about cyber risk.
- Moody’s is investing $250 million in Bitsight. This will accelerate Bitsight’s ability to deliver our cybersecurity ratings and insights to new executive audiences.
- Bitsight is acquiring VisibleRisk, an innovative cyber risk quantification firm backed by Moody’s and Team8.
Working together, we’re transforming the way that the global marketplace measures and manages cyber risk.
Rob Fauber
President and Chief Executive Officer of Moody’s
“As organizations invest in cyber defense and resilience, another need has grown increasingly urgent: the ability to accurately measure and quantify cyber risk and exposure. Creating transparency and enabling trust is at the core of Moody’s purpose – to help organizations assess complex, interconnected risks and make informed decisions. Bitsight is a leader in the cybersecurity ratings space, and together we will help market participants across disciplines better understand and confidently manage their cyber risks.”