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Compliance, IT, and third-party risk teams are being challenged more than ever. Compliance teams are being met with growing cyber risks — and expanding regulations — on a daily basis that must be handled quickly. Much of that impact is coming from organizations leaning on more and more third parties for outsourcing than ever before. As a result, the need for automation, flexible tooling, regulatory guidance, and integrated data is paramount.

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BitSight Financial Quantification for Enterprise Cyber Risk simulates your organization’s financial exposure across multiple types of cyber events and impact scenarios to calculate a range of potential financial losses.

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Corporate leaders must be prepared with sound cybersecurity practices, which are critical for a company’s bottom line.

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For the last six years, we’ve watched our customers use Risk Cloud® (our nimble and collaborative GRC platform) to build powerful, easy-to manage risk programs.

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Third-party risk management has become a focus for most organizations due to the rise in disruptive incidents caused by a vendor operating with poor security practices.

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As businesses scale to keep up with the demands of digital transformation, the reliance on third parties and the
emergence of the digital supply chain is an innate part of almost every business function. According to a report by Audit Committee Leadership Network, two-thirds of nearly 400 private and public companies reported having over 5,000 thirdparty relationships, with some having many more.

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This ebook walks through five steps that help CISOs and non-technical executives evaluate their organization’s cybersecurity performance from a common and shared perspective.