Leading analyst firm recognizes Bitsight for innovation, leadership in proactive security and risk management, and its substantial global market share
Bitsight, the global leader in cyber risk management, today announced it has been named a global leader in Frost & Sullivan's Frost Radar™: External Attack Surface Management, 2024report. This recognition underscores Bitsight's leadership in delivering proactive cyber risk intelligence, innovative AI-driven solutions, and its strong market presence.
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“Bitsight's Exposure Management, Governance and Assurance, and Cybersecurity Data are seamlessly integrated into a unified ecosystem. New AI-powered features optimize asset mapping and attribution, and the addition of Cybersixgill, a leading threat intelligence provider, reinforces Bitsight's position as a proactive cyber risk management leader,” said Martin Naydenov, Industry Principal, Cybersecurity at Frost & Sullivan.
Out of the top 19 EASM (External Attack Surface Management) vendors evaluated in the report, Bitsight was recognized as a leader for its:
— Strength in innovation, ranked among the top three for strength in innovation, including the launch of new AI-powered features that optimize asset mapping and attribution.
— Significant global market share, ranking among the top vendors in the space.
— Strategic acquisition ofCybersixgill, enhancing its threat intelligence capabilities and furthering its market leadership.
Advancing Cyber Risk Intelligence in a Rapidly Evolving Market
According to Frost & Sullivan, the EASM market is expected to grow by over 33% annually over the next five years, driven by increasing demand for proactive security measures and integrated risk management solutions. Bitsight's investment in AI-driven attack surface discovery and attribution has positioned the company at the forefront of this industry transformation.
“Security leaders today face an overwhelming challenge-managing an expanding attack surface while sifting through massive volumes of unverified risk data. Many remain stuck in a reactive cycle, constantly responding to crises instead of proactively mitigating threats,” said Greg Keshian, Chief Product Officer, Bitsight. “Frost & Sullivan's recognition reinforces our commitment to delivering the real-time cyber risk intelligence that organizations need to enable smarter prioritization and take decisive action.”
The Power of Bitsight's External Attack Surface Management Solutions
Bitsight's EASM platform is designed to give organizations complete visibility into their external digital footprint, enabling them to:
— Discover and mapall externally exposed assets, known and unknown.
— Assess and prioritize riskswith AI-enhanced analytics and risk scoring.
— Communicatecyber risks to stakeholders.
— Mitigate threats fasterwith real-time threat intelligence across the clear, deep and dark web.
— Ensure continuous monitoringto proactively protect against evolving cyber risks.
To learn more about Bitsight's offerings for EASM or to read the report, visit: https://www.bitsight.com/resources/bitsight-named-leader-frost-radartm-external-attack-surface-management-2024.
About Bitsight
Bitsight is a global cyber risk management leader transforming how organizations manage exposure, performance, and risk for themselves and their third parties. Companies rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss. Built on over a decade of market-leading innovation, Bitsight's integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance and data analysis. For more information, visit Bitsight.comor connect with us on LinkedIn.
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