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BitSight In The News

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Though the government and education sectors are not widely considered to be extensively threatened by ransomware, recently released research report by security ratings firm BitSight found the...
A new report from BitSight shows that education is the number one target for ransomware attacks.
A report from BitSight found education is the sector with the highest rate of ransomware attacks, with three times the rate of ransomware found in healthcare.
Ransomware has been one of the buzzwords in the health IT world all year long, but believe it or not, education receives three times as many ransomware threats as health care, according to a new...

"Given Yahoo's pending acquisition by Verizon, this provides yet another example of why monitoring the cyber security posture of a merger/acquisition target is such a critical element throughout...

“Cybersecurity can absolutely affect a valuation, and these are important questions that investors need to be asking,” said Jacob Olcott, vice president of BitSight Technologies, a security...
A recent BitSight report titled “The Rising Face of Cybercrime: Ransomware ,” cited data from across six industry sectors and 18,996 companies. It examined the prevalence of ransomware in the...
Education received the highest amount of ransomware attacks this year, followed by government and health care, according to a BitSight report .
An analysis of 20,000 organizations by security ratings firm BitSight found education institutions suffered malware attacks in greater proportions than their peers in government, healthcare,...
An analysis of 20,000 organizations by security ratings firm BitSight found education institutions suffered malware attacks in greater proportions than their peers in government, healthcare,...
"Ransomware is a legitimate threat, with estimates from the U.S. Justice Department showing that over 4,000 of these attacks have occurred every day since the beginning of 2016," said Stephen...

BitSight analyzed the security ratings of nearly 20,000 companies to identify common forms of ransomware and to determine which industries (amongst Finance, Healthcare, Education,...

"Our analysis shows that the education sector is actually the most impacted group, followed by government,” Stephen Boyer, co-founder and CTO of BitSight, said in a statement.
“While there are some institutions that have made great strides, and their security is comparable to even good private organizations, many institutions have a long, tough road to improve their...
Government entities are second most likely to be targeted by ransomware attacks, following only the education sector, an analysis from cybersecurity ratings company BitSight concluded. Ransomware...

BitSight, a leading cyber-security rating company, has released a report examining ransomware infection across six industry sectors compiled from 18,996 companies. BitSight’s results support the...

BitSight, which rates the security posture of organizations based on external data showing malicious activity surrounding them, in a new report today found that education is hit most by ransomware...

The highest rates of ransomware are now found in the education and government sectors according to the findings of a new report from BitSight.

Politico highlights the latest BitSight Insights report on Ransomware in the Morning Cybersecurity.
It should surprise no one that ransomware is on the rise, but it may be news that education -- not healthcare -- is outstripping other industries for rate of infection, according to a study by...

"With third-party breaches on the rise, government contractors and subcontractors also carry a large amount of risk," explained BitSight Technologies Vice President of Business Development Jacob...

As organizations enhance their own defenses, federal regulators in critical industries such as financial services, healthcare and energy are also becoming more involved, examining companies'...
As it stands, investors are largely expected to do their own research to make investment decisions, Jacob Olcott, a vice president at security ratings firm BitSight, said.
The Bank of England will use BitSight as well as other services for its interbank blockhain settlement service.
There’s much more to cybersecurity than just fending off attacks against a company’s internal infrastructure.
BitSight, a Cambridge-based cybersecurity ratings startup, received an unexpected surprise on Thursday: $40 million in funding.
GGV Capital led the round with participation from other investors that included Flybridge Capital Partners, Globespan Capital Partners, Menlo Ventures, Comcast Ventures, Liberty Global...
The company's founder explains how BitSight not only rates other companies' security posture, but also rates itself.
BitSight Technologies Inc. has raised $40 million to provide security ratings. GGV Capital led the Series C round, with participation from existing investors Flybridge Capital Partners,...
BitSight provides Security Ratings to more than 450 companies, including Lowe’s, Ferrari, Hess, Mondelez and The Hartford, among others.
BitSight CEO Shaun McConnon says that with the new funding, the company now has $60 million in the bank and is ready to continue its rapid growth. 
BitSight’s latest cash influx takes its total funding to $95 million, and the company says it will now ramp up its expansion, forge partnerships around the world, and pursue acquisitions.
This latest round comes on the heels of a year of strong growth for BitSight, President and COO Tom Turner told CRN.
“We’re delighted to have this unsolicited round of funding,” Turner says. “We plan to use it aggressively, but wisely.”
Just over the last year, [BitSight] has quadrupled its number of enterprise customers to over 450, with sales doubling and headcount growing 58 percent to 185 employees.
"GGV did an awful lot of due diligence, and they were very interested in the space and our accomplishments, and it was an unsolicited fundraising," said Tom Turner president and chief...
BitSight , a Cambridge, Mass.-based cybersecurity ratings startup, has raised $40 million in Series C funding.
BitSight said it plans to spend the money on hiring, expanding sales and marketing, and building or acquiring new products.
BitSight Technologies said on Thursday that it has closed $40 million in series C funding, in a round led by GGV Capital.
BitSight, a Cambridge-based cybersecurity ratings startup, received an unexpected surprise on Thursday: $40 million in funding.
eWeek cites BitSight industry research on the security performance of the Education sector.
Tom Turner, President & COO of BitSight offers tips on how to create a market at a startup.
The security rating services -- in this case, the BitSight Security Rating Platform -- give Fannie Mae the ability to make better decisions on which companies to add as business partners, plus it...
"I think all parties – investors, companies and the SEC – will want to take a closer look at existing investor disclosure policies to evaluate whether the current approach is effective," Jacob...

With all of the recent high-profile security breaches taking place, it is critical that business leaders from organizations of all sizes analyze their security posture and processes. For many...