Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Today we are announcing updates to the Bitsight ratings algorithm. Bitsight is committed to creating the most meaningful, trustworthy, and actionable security ratings and analytics in the marketplace. As part of this commitment, we periodically make updates to our ratings algorithm based on new data observations and capabilities, internal and external research, and market feedback. For this year’s update, we have made several adjustments, including modifying the weights of several risk vectors.

In 2011, Bitsight invented the security ratings industry. As the market leader, we are still the standard in how organizations quantify, manage, and monitor cyber risk. Today, that universal metric is used by entities from national governments to global enterprises to Fortune 500 companies to interpret cyber risk. And now, we’re disrupting the industry once again. Waves of change are constantly disrupting companies of all sizes around the world, particularly when it comes to cybersecurity.

Dave Krasik, Director of Product Management at ThreatQuotient, recently had a chance to speak with Ed Amoroso, CEO and founder of TAG Cyber, a leading cybersecurity advisory group, about the state of cybersecurity automation. They covered a lot of ground, and you can listen to the full interview here. Following are a few of the highlights.

Firewalls are a key component in cybersecurity to protect corporate networks from external threats. However, these barriers must be accompanied by solutions that complement each other and build a layered security posture to help prevent vulnerabilities from exposing networks to malicious activity, at all and any cost.

Today I’m excited to share the latest milestone in our growing partner ecosystem: Vanta has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. ‍ The AWS ISV Accelerate Program is a co-sell program for AWS Partners who provide software solutions that run on or integrate with AWS. Vanta’s acceptance into the program enables us to work in close collaboration with the AWS sales team to meet customer needs and provide better outcomes. ‍

We’ve noticed that many of our customers are currently undergoing a significant transformation in their application architecture, transitioning from legacy vertical applications to distributed microservices running on Kubernetes. This shift brings along a range of benefits, such as improved scalability, resilience, and agility. However, it also creates a larger attack surface that needs to be managed effectively.

Read also: Bitrue crypto platform hacked for $23 million, Ryuk crypto broker sentenced to no jail time, and more.

New data shows that cybercriminals started this year off with a massive effort using new techniques and increased levels of attack sophistication. According to cybersecurity vendor Vade’s Q1 2023 Phishing and Malware Report, the number of phishing attacks in Q1 this year reached the highest total since 2018. While January represented the lion’s share of Q1 phishing volume (approximately 87%), Vade detected over 562 million phishing emails.

At a time when cyber attacks are achieving success in varying degrees and IT pros are keeping quiet about resulting breaches, there is one specific type of attack that has them most worried. Despite us all working in IT at a time where the sharing of threat data is at its highest, there is still the notion that organizations don’t want the public finding out about data breaches for fear of the repercussions to the company’s revenue and reputation.