BitSight unveils cybersecurity performance planning and analytics solution

BitSight announced the availability of BitSight Forecasting, the analytics offering in the Security Rating Services industry to provide visibility into a company’s security program, as well as insights into the efficacy of its investments and initiatives.

BitSight Forecasting will help customers identify the course of action to improve their cybersecurity risk posture.

Leveraging risk and security analytics available through the BitSight ecosystem, customers can model various security scenarios and project how changes to processes, technologies and culture will impact their environment.

“Security is complex and today’s threat landscape has made it increasingly difficult for organizations to understand, in a quantifiable fashion, which investments will yield the greatest results,” said Stephen Boyer, CTO, BitSight.

“Businesses need a solution that will help them identify the proper strategy and resources necessary to mitigate risk. BitSight Forecasting, the first of many analytics offerings to come, helps our customers manage the complexity of investment prioritization options for measurable security improvement.”

Leveraging security performance data from organizations throughout the world, BitSight Forecasting offers an approach for companies to model different scenarios and outcomes within their security and risk programs.

With BitSight Forecasting, businesses can analyze questions about where to spend security budgets, and what sets of activities will help reduce risk.

Organizations now have confidence in taking actions to improve their cybersecurity risk posture, align their program to broader business goals and set expectations with senior leadership.

BitSight Forecasting delivers:

• Projected security performance: Organizations can explore different scenarios to identify opportunities for security performance improvement that best fit their resources and environment.
• Security action planning: Helps businesses generate logical, data-informed plans of action to execute on security performance goals, and explore and iterate these plans over time.
• Security progress tracking: IT and security leaders can monitor security performance against goals to update senior leadership on progress.

BitSight Forecasting is available today.