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Press Releases

Read recent press releases to learn about the latest company and product news from Bitsight.

For media inquiries, please contact pr@bitsighttech.com.

June 08, 2017

Thousands of Organizations Run the Majority of their Computers on Outdated Operating Systems, Nearly Tripling Chances of a Data Breach

Bitsight, the Standard in Security Ratings, today released a new report titled, “A Growing Risk Ignored: Critical Updates,” analyzing more than 35,000 companies from industries across the globe over the last year, to better understand the usage of outdated computer operating systems and internet browsers, the time to it took to update operating systems once a new release was made available, and how these practices correlate to data breaches. The data shows that there are large gaps in asset management programs across the globe. Organizations must be more vigilant about limiting their attack surface by more rapidly addressing exploitable vulnerabilities.
The conclusion of this research coincides with “WannaCry,” a strain of ransomware that affected over 300,000 computers w
April 06, 2017

Bitsight Delivers First Objective Measurement of National Cybersecurity Risk

Bitsight, the Standard in Security Ratings, today announced the general availability of Sovereign Security Ratings, the first objective measurement of national cybersecurity risk. Sovereign Security Ratings enable national intelligence and law enforcement organizations to align security initiatives within a country and its industries, identify risks and vulnerabilities, and drive improvement through a nation’s critical infrastructure organizations.
Governments tasked with securing their nation’s critical infrastructure from cyber threats are often left without credible context wh
March 08, 2017

Fortune 1000 Companies Breached Nearly Twice as Often as Their Peers

Bitsight, the Standard in Security Ratings, today released a new report titled, “How Secure Are America’s Largest Business Partners? Rating The Cybersecurity Performance of the Fortune 1000,” which analyzed the security posture of some of the world’s largest organizations. Leveraging the Bitsight Security Ratings Platform that generates objective, outside-in ratings, the report presents data on the cybersecurity performance of Fortune 1000 companies, identifies the most common system compromises, and outlines recommendations for improvement. For comparison, Fortune 1000 companies were studied alongside a random sample of 2,500 companies with a similar industry breakdown and with at least 2,500 employees.
“Understanding the security maturity of Fortune 1000 companies provides greater context for any organization looking to benchmark their own performance,” said
February 13, 2017

Bitsight Strengthens Executive Team with Appointments of CFO, General Counsel and SVP of Partnerships

Bitsight, the Standard in Security Ratings, today announced the appointment of three key hires that strengthen its executive team and support the company through its next stages of hyper-growth. In newly created positions, Brian Cohen joins Bitsight as the company’s first Chief Financial Officer (CFO), Elizabeth Fischer joins as the General Counsel, and Dave Fachetti, Bitsight Board Member and investor from leading venture capital firm Globespan, joins Bitsight as the Senior Vice President of Partnerships.
The Bitsight Security Ratings Platform generates objective, outside-in ratings on companies’ security performance. Ratings range