The New Era of Digital Trust - Strategies to mitigate risk across the enterprise

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Presented by

Chris Poulin - Director, Technology & Strategy/ Deputy CTO, BITSIGHT; Bruno Horta Soares - Leading Executive Advisor, IDC

About this talk

Ecosystems based on trust will ensure integrity in transactions among entities by proactively managing the collective risk of an ecosystem that spans partners, suppliers, customers, and internal employees. Trusted ecosystems deliver integrity by design in digital transactions between partner entities.  Building trusted ecosystems will depend on new “rules of engagement” and new procedures across functional domains such as marketing, finance, procurement, and even with customers. Given the need for speed and agility in the hyperconnected digital economy, organizations will also develop a “trust framework” that allows for assessing, managing, and measuring risk in the ecosystem. These frameworks will help accelerate the process of establishing relationships that drive trustworthiness within the ecosystem. The webinar will discuss some of the main topics related with IDC vision of the “trust framework” and how Bitsight solutions are helping enterprises around the world creating trust outcomes, by improving security performance measurement across the Organization and ecosystem. Some of the discussing topics: ● Understanding the ecosystem cyber risk in its entirety (meaning understanding risk should go beyond immediate partners and include partner’s partners). ● Understanding all the potential risks to the ecosystem and prioritize those risks based on the impact to the entire ecosystem (Vendor risk tiering); ● Understanding what measures Organizations are required to implement based on European regulations; ● Developing plans for continuous monitoring of risks and vulnerabilities and creating ways to measure the collective “security rating” of the entire ecosystem.
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Bitsight is a cyber risk management leader transforming how companies manage exposure, performance, and risk for themselves and their third parties. Global enterprises, governments, and organizations rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss. When unrelenting market pressure pushes organizations to uncertainty and caution, they turn to Bitsight to confidently navigate cyber risk and grow with confidence. Bitsight’s universally recognized risk standard and market-leading data provides actionable insights into how companies set and manage to standards and report results to internal and external stakeholders. Built on over a decade of technological innovation, Bitsight’s integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance, and data analysis. Bitsight is on a mission to free the global economy from the material impact of cyber incidents. For more information, visit bitsight.com.