Bitsight Third-Party Risk Management

Bitsight Third-Party Risk Management helps organizations assess, monitor and reduce cyber risk from vendors and suppliers across the full vendor lifecycle. It combines Bitsight Security Ratings with questionnaire automation, workflows and continuous monitoring in one product.

During onboarding, teams can tier vendors by criticality, review outside-in security ratings and send tailored questionnaires, while Bitsight's vendor risk management capabilities, strengthened by its acquisition of ThirdPartyTrust, help collect and validate evidence. After onboarding, vendors are monitored continuously for rating drops, new vulnerabilities, compromised systems and exposure to zero-day events, with alerts when risk changes. Bitsight can also identify fourth parties and concentration risk across the supply chain, and collaboration tools let teams share findings with vendors and track remediation. Reporting shows program coverage and risk trends for executives and regulators.

Organizations use Bitsight TPRM to scale vendor assessments with limited staff, respond quickly to supply chain incidents and meet regulations such as DORA and NYDFS that require oversight of third-party cyber risk.