CEO: Shaun McConnon
BitSight Technologies is using threat intelligence to provide its users with a risk rating metrics service on the information security effectiveness of organizations. The company monitors externally visible network behavior to continuously keep track of an organization's security state. The startup secured $24 million in Series A funding in June.
Users of the service provide a list of partners for monitoring. The security effectiveness ratings range from 250 to 900 and are similar to consumer credit scores, said Stephen Boyer, co-founder and chief technology officer of BitSight. Boyer told CRN that the company combines threat intelligence feeds with sensors that monitor Internet traffic flowing to and from organizations. The service can detect suspicious behavior such as a denial-of-service attack or communication with a botnet command-and-control server. A dashboard provides ratings based on the severity and frequency of potential threats and their duration.