Study Commissioned by BitSight Demonstrates that Effective Security Performance Management is Crucial for Enterprise Success in the 21st Century
BOSTON, Sept. 3, 2019 /PRNewswire/ — BitSight, the Standard in Security Ratings, today announced the availability of a new study that evaluates how executives understand and effectively measure their cybersecurity performance and adequately communicate it to the board, senior executives, customers, and critical stakeholders. The September 2019 commissioned study conducted by Forrester Consulting on behalf of BitSight titled, “Better Security And Business Outcomes With Security Performance Management” indicates that cybersecurity performance is critical to achieving commercial success. Among the study’s most interesting findings is that nearly two in five (38 percent) of enterprises admit that they have lost business due to either a real or perceived lack of security performance within their organization.
“Financial success, brand perception, business continuity and company reputation now all hinge on security performance,” said Tom Turner, CEO, BitSight. “But in order to effectively manage performance, you have to measure it. We…
