DVV Solutions Partners With BitSight To Enhance Third-Party Risk Management And Monitoring Services

DVV Solutions, specialists in Third-Party Risk Management (TPRM), embarked on a strategic managed service provider relationship with BitSight, the Standard in Security Ratings.

DVV Solutions and BitSight announced a new channel partnership agreement that will enable DVV Solutions to provide BitSight’s Security Ratings Service and add significant value to DVV’s Third-Party Risk Management and continuous monitoring offerings.

Identifying and mitigating risk

By integrating the BitSight Security Ratings Service into its ‘TPRM-as-a-service’ managed service portfolio, DVV Solutions customers will have access to daily security ratings that provide forensic insight, allowing them to more proactively identify, quantify and mitigate risk in their organization in five key areas:  

• Continuous monitoring of an organization
• Third-Party risk management
• Benchmarking against peers in their market segment
• Industry indices for comparing security performance
• Support compliance regulations

“BitSight is a powerful addition to our existing portfolio and presents a very exciting opportunity for our customers, providing even greater depth and relevance in their understanding of Third-Party risks,” said Sean O’Brien, Managing Director at DVV Solutions.

Expanding reach across UK, Europe

DVV Solutions has the market vision, customer relationships and technical expertise to take BitSight forward"

“We are excited to partner with DVV Solutions as we expand our reach across the UK, Europe and further afield,” said Ewen O’Brien, VP Enterprise Sales, EMEA at BitSight. “DVV Solutions has the market vision, customer relationships and technical expertize to take BitSight forward into new markets and applications.”

Both BitSight and DVV will be in attendance at this week’s Vendor & Third-Party Risk Europe event, organized by CeFPro. Sean O’Brien, Managing Director, DVV will discuss how cloud providers can understand where data is stored and pinpoint liability.

Ewen O’Brien, VP Enterprise Sales, EMEA at BitSight, will also chair a ‘Tangible Risk Reduction’ session with Lloyds Banking Group to discuss how Lloyds has utilized BitSight’s Security Ratings to better manage its cybersecurity and risk.