Black Kite Offers Free Self-Monitoring as Third-Party Cyber Risk Increases

Leader in Third-Party Cyber Risk Intelligence to Help Customers Protect Critical Data with Free License

BOSTON--(BUSINESS WIRE)-- Black Kite, the leader in third-party cyber risk intelligence, today announced a free self-monitoring license for all customers with the purchase of 15 continuous annual vendor licenses. The offer follows an increasing demand for vendor risk management following a recurring annual spike in third-party breaches.

“Organizations will always prioritize self-monitoring – but year after year, the increasing risk lies with your most vulnerable partners and suppliers,” said Paul Paget, CEO of Black Kite. “Black Kite’s platform is built for identifying third-party risk. This free self-monitoring license means you no longer have to choose either/or. We’re helping companies reallocate costs to what’s important as third-party cyber risk continues to skyrocket.”

According to Gartner, only 17% of Supplier Risk Management (SRM) leaders continuously monitor third parties and suppliers in real time. Black Kite Research identified that only 5% of these leaders are monitoring their overall digital supply chain. These statistics are alarming, especially as a recent survey of 250 CISOs revealed 69% of companies expect to be hit by a ransomware attack in 2022.

In fact, Black Kite’s annual Third-Party Breach Report uncovered 1.5 billion users' personally-identifiable information (PII) was leaked as a result of third-party breaches in 2021, with ransomware initiating more than one out of four incidents analyzed.

In an effort to make third-party risk management accessible to organizations of all shapes and sizes, Black Kite’s self-monitoring initiative will further the organization’s vision: To improve the health and safety of the entire planet’s cyber ecosystem.

“Not only can our platform gather intelligence on any company in the world, it delivers the intelligence to end users in minutes,” said Chris Bush, Chief Customer Officer at Black Kite. “With this leading intelligence, stakeholders can focus on the real issues important to their business.”

To learn more about uncovering your third-party risks from a hacker’s perspective, test drive the Black Kite platform with a free demo today: https://blackkite.com/request-a-demo/.

About Black Kite

One in four organizations suffered from a cyber attack in the last year, resulting in production, reputation and financial losses. The real problem is adversaries attack companies via third parties, island-hopping their way into target organizations. At Black Kite, we're redefining vendor risk management with the world’s first global third-party cyber risk monitoring platform, built from a hacker's perspective.

With 300+ customers across the globe and counting, we're committed to improving the health and safety of the entire planet's cyber ecosystem with the industry’s most accurate and comprehensive cyber intelligence. While other security ratings service (SRS) providers try to narrow the scope, Black Kite provides the only standards-based cyber risk assessments that analyze your supply chain's cybersecurity posture from three critical dimensions: technical, financial and compliance.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220303005253/en/

Danielle Lewan, VP of Marketing
[email protected]
706-474-5703

Source: Black Kite

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