Measuring Security Outcomes: From Data to Insight for Third Party Risk Management

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Presented at SourceBoston 2014 by

Stephen Boyer

Organizations struggle with how to measure and manage the risks introduced through third-party relationships. In this presentation BitSight will articulate weaknesses in current approaches, demonstrate several examples the of types of data BitSight analyzes, discuss the implications for third party risk management, and examine the performance of companies in the S&P 500 as a benchmark for the cyber health of the US economy. In 2011, Stephen cofounded BitSight Technologies, where he currently serves as CTO. BitSight provides evidence based ratings of security effectiveness to help organizations manage their security risk. Previously, Stephen was President & Cofounder of Saperix. He also led R&D programs at MIT Lincoln Laboratory, and he designed, developed, and tested products at Caldera Systems. He holds a Bachelors in Computer Science from BYU and Master of Science in Engineering and Management from MIT.