CAMBRIDGE, Mass., Nov. 16, 2017 /PRNewswire/ -- BitSight, the
Standard in Security Ratings, today announced accelerated momentum
for its Global Channel Program. In addition to technology and
strategic partners, BitSight now has more than 120 partners across
the globe, including value-added resellers, referral partners and
consulting partners, who work with customers to understand their
security posture, as well as how to incorporate BitSight Security
Ratings into their larger security and risk management
strategy.
BitSight pioneered the Security Rating Services market in 2011
and transforms how companies manage third and fourth party risk,
underwrite cyber insurance policies, benchmark security
performance, and assess aggregate risk. The BitSight Security
Ratings Platform generates daily, objective, outside-in ratings on
companies' security performance ranging from 250 to 900, where
higher ratings equate to lower risk.
"We are seeing phenomenal growth in channel-driven business as
our partners experience BitSight's value and the opportunity to
extend their own services and consulting alongside our platform,"
said Carla Morss, senior director of
worldwide partner sales and alliances, of BitSight. "We are
committed to building strong channel and partner relationships
across the globe, supporting our partners with specialized training
and support, and financial incentives, including attractive margins
and marketing development fund programs."
Global Channel Program Highlights
- Revenue from the channel has increased more than 100 percent
year-over-year since program creation in 2014 and is expected to
account for half of all revenue by the end of 2017.
- Increased number of global partnerships by 120 percent in the
last 18 months. New partners include Telefónica, Portugal Telecom,
Protea, World Wide Technology, ePlus and more.
- Continued commitment to the success of the program with
five-fold expansion of BitSight's dedicated channel team in the
last two years.
- Carla Morss again recognized by
CRN in 2017 Women of the Channel list.
Partner Quotes
"Third-party risk programs are a critical component to any
comprehensive security program, but they can be complex and costly
to plan, develop and manage. Organizations need help making clarity
of out of the chaos caused by managing hundreds or even thousands
of partners, vendors and suppliers. The combination of Optiv
Evantix with BitSight offers organizations a 360-degree view of
their third-party risk while providing actionable intelligence to
make more informed and cost-effective decisions related to outside
entities with which they do business."
-- James Christiansen, vice
president of information risk management, Optiv
"Understanding and mitigating cybersecurity and third party
risks is a top priority for firms globally. New regulatory
requirements including the New York Department of Cybersecurity
Regulation and the impending General Data Protection Regulation
continue to elevate the importance of greater due diligence at the
board level. With KY3P for third party risk management and
BitSight's security rating capabilities, we are providing a
holistic solution to monitor, track and quickly remediate any major
security issues that arise."
-- Ellen Schubert, CEO of KY3P
at IHS Markit
"In Europe, the actions of cyber criminals & stringent
regulations such as GDPR are increasing the attention to cyber
security from every type of organization. Investing in cyber
security is no longer an option, it is a necessity; CEOs and Boards
of Directors want to know exactly how their companies plan to
mitigate risk. That is one of the major reasons for the success of
BitSight, which is considered a tool that any CISO must have to
succeed. Our customers are not just happy about BitSight, they are
enthusiastic."
-- Walter Marmo, President and
CEO at Eurosel
For more information on the BitSight Partner Program, visit
https://partners.bitsighttech.com.
About BitSight
BitSight is transforming how companies
manage information security risk with trusted, time-tested and
actionable security ratings. Founded in 2011, the company built its
Security Ratings Platform to continuously analyze vast amounts of
external data on security issues and behaviors in order to help
organizations manage third party risk, underwrite cyber insurance
policies, benchmark performance, conduct M&A due diligence and
assess aggregate risk. Seven of the top 10 cyber insurers, 80
Fortune 500 companies, and 3 of the top 5 investment banks rely on
BitSight to manage cyber risks. For more information, please visit
www.bitsighttech.com, read our blog or follow @BitSight on
Twitter.
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SOURCE BitSight Technologies