Companies consume Bitsight data as the market standard — the only analytic correlated to business outcomes.
Cyber risk is business risk ... and the markets are watching
- Investors and other business leaders know that cyber is a critical piece of risk and impacts the bottom line. Security incidents and overall cybersecurity management has real impact on company performance and returns.
- Cyber risk can be simple. Our strategic partners use Bitsight as a relative benchmark to understand the relative risk of a company – and, where enhanced due diligence is necessary to drive down risk.
- We provide a piece of the bigger integrated risk management picture. If cyber risk of a portfolio is high, we make sure leaders have tools to understand and inform decisions.
*Image Source. Cyber impact on financial performance and risk, Moody's Whitepaper
Use Cases
Building trust in the digital economy
Use Cases
Bitsight data in action
Moody's
Moody’s and Bitsight: Enhancing Integrated Risk Decisions
Moody’s and Bitsight share a common goal of helping leaders make better risk decisions with data. Bitsight’s cybersecurity ratings and analytics are integrated into Moody’s suite of comprehensive risk solutions. Moody’s has produced over 30 research publications featuring Bitsight data, including multiple credit negative reports, further underscoring the relationship between cyber risk and financial performance.
Combining the power of Moody’s and Bitsight data empowers business and capital market leaders to understand cybersecurity as a piece of their bigger risk picture.
Glass Lewis
Glass Lewis and Bitsight: Strengthening Investor Confidence
Glass Lewis, a leading proxy advisory services firm, integrates Bitsight’s data into its Proxy Paper research reports, offering investors clear insights into a company’s cyber risk management. This collaboration helps investors make informed decisions, aligning with their priorities and safeguarding their investments.
By setting the market standard in cybersecurity ratings and creating tools and reporting that are actionable by non-cyber-technical audiences, Bitsight empowers business leaders to CISOs to enhance their security programs and build trust with stakeholders.
Solactive
Cybersecurity as a Competitive Advantage: Solactive Bitsight Cyber Risk Indices
Solactive leverages Bitsight’s cybersecurity ratings to create the Solactive Bitsight Cyber Risk Indices, The indices focus on companies with high BitSight Security Ratings, reflecting superior cybersecurity. Historical data indicates that companies in the top 25% of Bitsight ratings outperform the benchmark indices with excess returns of 1-7% and lower volatility, underscoring the investment value of strong cybersecurity practices. This partnership provides investors with reliable and actionable data to augment their investment strategies.
S&P Global
S&P and Bitsight: Enhancing Capital Market Decisions
S&P partners with Bitsight to provide asset managers with critical cybersecurity intelligence on organizations worldwide. This collaboration offers cybersecurity ratings that help assess and manage cyber risk, similar to credit ratings, driving stock selection and risk management decisions. By mapping Bitsight Security Ratings to individual securities, S&P enables precise measurement of cybersecurity risk, enhanced by additional metrics for deeper insights. Updated daily, these ratings cover over 3,000 global public companies, providing asset managers with essential data before market open.
LSEG
Elevating Due Diligence with LSEG and Bitsight
LSEG integrates Bitsight’s cybersecurity ratings into its due diligence reports, providing comprehensive insights into third-party cyber risk. By leveraging Bitsight data, LSEG enables organizations to manage compliance and integrity risks more effectively, enhancing decision-making and protecting reputational integrity.
Rob Fauber
President and Chief Executive Officer of Moody's
As organizations invest in cyber defense and resilience, another critical need has emerged: the ability to accurately measure and quantify cyber risk and exposure. Creating transparency and enabling trust is at the core of Moody’s mission – to help organizations assess complex, interconnected risks and make more informed decisions. Bitsight is the leader in the cybersecurity ratings space, and together we will help market participants across disciplines better understand, measure, and manage their cyber risks and translate that to the risk of financial loss."
Moody's connection between cyber and credit
Bitsight Analytics Correlated to Financial Risk and Firm Value per Moody's Analytics
“We [Moody’s Analytics] found that cybersecurity practices, as proxied by the Bitsight cybersecurity rating, are strongly correlated with the likelihood of a cyber incident.”