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Bitsight: Cyber Risk Management for Federal Organizations

Executive Summary
As the pioneer of the cybersecurity ratings market and the recognized leader in third-party and supply chain risk management, Bitsight Technologies provides extensive experience supporting federal agencies and critical infrastructure operators worldwide. Bitsight enables federal cyber risk leaders to identify exposure to attack surfaces, prioritize investments, and effectively communicate cyber risk with stakeholders to mitigate exposure. Currently, the platform supports over 3,500 global customers, including more than 180 government agencies.

Strategic Value and Federal Alignment
Bitsight's solutions are specifically engineered to align with critical federal mandates and frameworks:

  • Executive Order 14028: Supports enhanced assessment of supplier software supply chain controls, focusing on vendor SDLC capabilities and Foreign Ownership, Control, or Influence (FOCI) risks.
  • NIST Frameworks: Recommended for assessing and analyzing vendors via commercially available third-party security ratings platforms.
  • CISA BOD 22-01: Facilitates ongoing remediation of known exploited vulnerabilities within the CISA-managed catalog.
  • CMMC Compliance: Directly supports supply chain risk management (SCRM) and regulatory compliance as agencies prepare for phased CMMC rollout.

Unmatched Data Depth and Accuracy
The foundation of Bitsight’s value is the world’s most comprehensive cyber risk dataset:

  • Vast Scale: The platform processes over 400 billion security events daily from more than 100 partners.
  • Continuous Monitoring: Bitsight provides real-time visibility into the security performance of millions of organizations across 23 risk vectors.
  • Validated Correlation: It is the only ratings solution with an independent, third-party verified correlation to data breaches and ransomware risk. For instance, organizations with a rating below 400 are five times more likely to suffer a breach than those with a rating of 700 or higher.

Integrated Threat Intelligence and Supply Chain Visibility
With the acquisition of Cybersixgill, Bitsight has integrated autonomous threat intelligence to identify and prioritize threat activities across the clear, deep, and dark web, including messaging platforms like Telegram. This capability allows agencies to operationalize exposed assets and conduct active threat hunting. Furthermore, Bitsight provides automated visibility into 80+ categories of technology service providers and 15,000+ technology products, enabling comprehensive concentration risk analysis.