BitSight Technologies is used by the world’s largest investment banks, retailers, private equity companies, and insurers to evaluate the security risk of their third parties with objective, evidence-based security ratings. Its Security Rating Platform continuously analyzes terabytes of data on security behaviors in order to help organizations manage third party risk, benchmark performance, and assess and negotiate cyber insurance premiums.
BitSight Security Ratings measure organizations’ security performance using a proprietary algorithm that analyzes externally-observable data. These Security Ratings are similar to consumer credit scores with a higher rating equating to overall better security posture. Security Ratings provide a comprehensive, outside-in view of a company’s security risk. BitSight groups Security Ratings into categories from Basic to Advanced.
Katabat ranks in the highest of these, the Advanced rating. This achievement provides our clients, partners, and prospects continued assurance of our ability to protect personal and cardholder data. In fact, based on the BitSight data, Katabat outperforms most of our peer group in the financial industry.
“In addition to our SOC2 type2 report and our PCI DSS compliance,” said Katabat CISO Arthur Haigh, “the BitSight ratings attest to Katabat’s relentless focus on earning and maintaining our clients’ trust.”