Intelligent CISO Issue 74 | Page 7

Bitsight and Moody ’ s launch new cyber-risk solution covering more than 325 million organisations
Heimdal and DACTA forge strategic partnership to boost APAC cybersecurity

CISO news

Bitsight and Moody ’ s launch new cyber-risk solution covering more than 325 million organisations

itsight and Moody ’ s have announced the launch of the Implied Cyber Threat ( ICT ) – an offering built on Bitsight ’ s

B leading cyber-risk analytics engine and Moody ’ s Orbis company database .

The ICT provides cyber-risk insights and valuable market context for more than 325 million organisations worldwide – the highest coverage in the market by a factor of over 25x .
Matt McDonald , Managing Director , Moody ’ s , said : “ The ICT will help our customers assess their third-party cyber-risks . The scale of the ICT is a major advancement that will help provide actionable cyber-risk insight into extended business ecosystems .”
The ICT quantifies the inherent cyber-risk for an organisation based on Moody ’ s leading firmographic indicators including company size , sector and geography , plus a unique subset of Bitsight ’ s risk vectors including botnet infections and open ports .
The result is a highly actionable inherent risk indicator , with a significant correlation to breach and ransomware .
“ Our partnership with Moody ’ s is rooted in helping global institutions better understand , quantify and respond to cyber-risk . By bringing together Bitsight cyber analytics with Moody ’ s leading company information , the market now has a powerful mechanism for assessing cyber-risk at scale ,” said Derek Vadala , Chief Risk Officer , Bitsight .
“ The launch of the ICT is a critical step forward in ensuring cyber-risk assessment capabilities are highly accessible and understandable to all business audiences .”
The ICT is now available to customers of Moody ’ s Orbis and Catalyst offerings .

Heimdal and DACTA forge strategic partnership to boost APAC cybersecurity

H eimdal has entered a strategic partnership with DACTA aimed at strengthening APAC cybersecurity .

By uniting Heimdal ’ s cutting-edge cybersecurity technologies with DACTA ’ s established market presence and insight , the partnership is pitched as being ‘ uniquely positioned ’ to meet the rapidly growing demand for advanced digital protection services .
DACTA ’ s strong distribution network will make Heimdal ’ s suite of AIpowered cybersecurity products more accessible to businesses and government agencies in APAC .
Heimdal and DACTA are dedicated to creating an environment that fosters innovation .
This partnership is said to start an ‘ exciting journey ’ to discover novel cybersecurity strategies and technologies with the potential to transform cybersecurity paradigms in the APAC region and beyond .
“ Our collaboration with Heimdal marks a strategic step towards enhancing cybersecurity resilience in the APAC region ,” said Dr Benjamin Xie , CEO , DACTA . “ We are excited to bring Heimdal ’ s worldclass solutions to our markets and look forward to exploring further avenues for innovation and growth together .”
Morten Kjaersgaard , CEO , Heimdal , added :” This partnership with DACTA represents an important opportunity for Heimdal to expand its global footprint . We are confident that DACTA ’ s expertise in the APAC market will be instrumental in bringing our advanced cybersecurity solutions to a wider audience .”
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