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Bitsight Securely Holds Its Ground in Cyber Risk Management

In a technological landscape where cyber threats are always evolving, Bitsight, recognized as a leader in Frost & Sullivan's Frost Radar™: External Attack Surface Management report for 2024, asserts its commitment to proactive security measures. This prestigious acknowledgment not only highlights Bitsight's innovative capabilities but also its significant market presence and robust global leadership in the cyber risk management sector.

The report evaluates the top 19 vendors in the External Attack Surface Management (EASM) field, recognizing Bitsight for three core strengths:
1. Innovation: Bitsight was ranked among the top three for innovation in the industry, notably for its recent launch of AI-powered features that refine asset mapping and attribution. This indicates not just a commitment to staying ahead of the curve but also an understanding of the complexities associated with digital security.
2. Market Share: Bitsight’s substantial share in the global market further cements its status as a significant player in this sector, demonstrating its ability to deliver consistent value to clients.
3. Strategic Acquisition: The acquisition of Cybersixgill, a leading threat intelligence provider, enhances Bitsight’s capabilities in threat intelligence and solidifies its market leadership.

A Dynamic Response to Growing Cyber Threats

According to Frost & Sullivan, the demand for EASM is set to surge, with expectations of over a 33% annual growth for the next five years. This surge is attributed to a growing need for integrated risk management solutions that are both proactive and comprehensive. Bitsight's investments in AI-enhanced attack surface discovery position it as a frontrunner in this critical transformation of the cybersecurity landscape.

Greg Keshian, Chief Product Officer at Bitsight, underscores the dual challenge faced by security leaders. They must manage an expanding attack surface while navigating vast quantities of unverified risk data. As organizations grapple with crises reactively, Bitsight's commitment to providing real-time cyber risk intelligence offers a pathway toward more strategic decision-making in risk mitigation.

Empowering Organizations with Visibility and Insights

Bitsight's EASM solutions provide organizations with the tools they need to protect their external digital footprint effectively. Key features of their platform include:

• - Complete Asset Visibility: Identify and map all externally exposed assets, regardless of their visibility status.
• - Risk Assessment: Leverage AI-enhanced analytics to evaluate and prioritize risks, helping organizations focus their efforts where they are most needed.
• - Stakeholder Communication: Effectively convey cyber risks to various stakeholders, ensuring everyone understands the potential implications.
• - Real-Time Threat Intelligence: With access to threat intelligence from across the clear, deep, and dark web, organizations can act swiftly to mitigate emerging threats.
• - Continuous Monitoring: Maintain an ongoing watch on potential cyber risks, enabling proactive defense against continuously evolving threats.

For those interested in exploring Bitsight's EASM solutions or reading the full Frost Radar report, additional information can be found at Bitsight's website.

About Bitsight

Bitsight is a global leader in cyber risk management dedicated to transforming how organizations assess their exposure, performance, and risk, both internally and externally. Over more than a decade of innovation, Bitsight has built a reputation for empowering companies to better prioritize their cybersecurity investments, enhance trust, and reduce the risk of financial loss due to cyber incidents. Whether tackling enterprise security performance, digital supply chains, or cyber insurance, Bitsight's integrated solutions deliver comprehensive value and resilience in this rapidly changing environment. For more information, visit Bitsight.com or follow them on LinkedIn.