Press Releases

November 21, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced that it has been recognized as a BostInno Fire Award honoree for 2024.

November 19, 2024

Black Kite, the leader in third-party cyber risk intelligence, today introduced cloud asset mapping to enhance vendor risk management and bring organizations a new dimension of visibility.

November 4, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced that it was recognized with the “Red Dot” distinction for the 2024 Red Dot Design Awards.

October 15, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced it has achieved ISO 27001:2022 certification. This internationally recognized standard demonstrates Black Kite’s unwavering commitment to maintaining the highest levels of information security and data protection for its clients.

October 2, 2024

Black Kite, the leader in third-party cyber risk intelligence, today published the 2024 report: The Biggest Third-Party Risks in Manufacturing, which revealed that a staggering 80% of manufacturing companies have critical vulnerabilities putting them at high risk for exploitation. In creating the report, the Black Kite Research Team (BRITE) examined nearly 5,000 companies across 10 sub-categories in the manufacturing industry, exploring the third-party risk landscape and the impacts of cyberattacks within the sector.

September 23, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced that on September 20, 2024, in the United States District Court for the District of Massachusetts, the judge presiding over a lawsuit filed by Bitsight Technologies, Inc. against Black Kite, Bitsight Technologies, Inc. v. Normshield Inc. dba Black Kite Inc., Case No. 1:23-cv-12055 (D. Mass.), issued a ruling on Black Kite’s motion to dismiss Bitsight’s First Amended Complaint.

September 17, 2024

Black Kite, the leader in third-party cyber risk intelligence, today introduced Black Kite Bridge™, the industry’s first solution that enables customer and vendor collaboration for real-time risk mitigation and remediation throughout the supply chain.

July 23, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced Black Kite has successfully completed its Systems and Organizational Control (SOC) 2 Type 2 examination and achieved compliance with these standards.

BOSTON – April 30, 2024

Black Kite Research & Intelligence Team (BRITE) analysis of nearly 4,900 ransomware attacks sheds light on the evolving tactics of cybercriminals, their operations and the profound impact on victims worldwide

April 2, 2024

Black Kite, the leader in third-party cyber risk intelligence, today announced the availability of its Supply Chain & Nth Party Monitoring module. The new solution is the first in the industry to combine Nth-Party and high-profile cyber risk intelligence, including cascading and concentration risk, so organizations can anticipate and mitigate security incidents in their supply chains. In doing so, they can avoid the impacts these incidents have on their businesses, such as breaches at their own organizations, or damaging business disruptions.

March 21, 2024

Black Kite, the leader in third-party cyber risk intelligence, today released its fifth annual Third-Party Breach Report. The industry’s most comprehensive report, which is based on observable data and real incidents, analyzed 81 vendor breaches impacting 251 companies in 2023. In it the Black Kite research and intelligence team (BRITE) highlighted how third-party data breaches create critical weak spots in extended networks, potentially leaving businesses open to cyber attacks, which can have a negative ripple effect across the organization and its vast stakeholders.

January 24, 2023

Black Kite, the leader in third-party cyber risk intelligence, today unveiled the industry’s first monthly ransomware dashboard, featuring crucial insights for security teams, media, analysts, and other industry leaders. The resource provides data, graphs, trends, and key insights from Black Kite’s threat intelligence team about the top ransomware groups, their victims, and attack patterns. Black Kite also analyzes the top ransomware indicators to identify common vulnerabilities exploited by active ransomware groups, and using data and machine learning, Black Kite’s Ransomware Susceptibility Index (RSI) paints a comprehensive picture of the industry-specific cyber-risks that organizations face each month.

Sep 19, 2023

Black Kite, the leader in third-party cyber risk intelligence, today announced that it has been added to the Department of Homeland Security (DHS) Continuous Diagnostics and Mitigation (CDM) Program’s approved products list (APL) under the risk assessment capabilities. The inclusion of Black Kite’s solution strengthens national cybersecurity by empowering federal agencies with enhanced capabilities to safeguard critical assets.

Aug 8, 2023

Black Kite, the leader in third-party cyber risk intelligence, today unveiled three new features that automate cyber-ecosystem risk compliance. Together, Black Kite Enterprise Frameworks and Black Kite Compliance Gap Analysis — along with Black Kite Parser 2.0 — take a time-consuming process and make it scalable by eliminating much of the manual effort required for third-party compliance assessments, cutting manual effort from days or weeks down to minutes. Together, these three capabilities are transforming compliance automation for companies worldwide.

Jun 20, 2023

Black Kite, the leader in third-party cyber risk intelligence, today announced the release of automated cyber risk quantification (CRQ) modeling for ransomware and business interruption scenarios. The new capabilities, which automates FAIR™ methodology, extends Black Kite’s data breach CRQ model to now provide visibility into all third-party risk scenarios, adds environmental, social, and corporate governance (ESG) factors and makes it possible to continuously monitor supply chain risk.

Apr 25, 2023

Black Kite, the leader in third-party cyber risk intelligence, today released its highly anticipated report, “Ransomware Threat Landscape 2023™: Ransomware Resurgence”. The report provides a comprehensive analysis of 2,708 ransomware victims with detailed insights into attacks from April 2022 to March 2023. The findings reveal a major ransomware resurgence this year, with the number of victims in March nearly double that of last April and 1.6 times higher than the peak month in 2022.

Mar 28, 2023

Black Kite, the leader in third-party cyber risk intelligence, today announced Alpa Inamdar and JC Dodson have joined the company’s Advisory Board. Inamdar, a renowned strategic transformation leader, will bring her unique perspective on executing business strategies while Dodson, a pioneer in security risk management, will elevate the third-party risk conversation to C-suites and Boards for data-fueled decision making.

Mar 23, 2023

Black Kite, the leader in third-party cyber risk intelligence, was recognized today as a Strong Performer in the latest Gartner Peer Insights™ Voice of the Customer: IT Vendor Risk Management Solutions report. Based on end-user feedback, 94% of customers that reviewed Black Kite would recommend the platform to their peers – the highest percentage among all other vendors in this report.

Feb 1, 2023

Black Kite, the leader in third-party cyber risk intelligence, today released its annual Third-Party Breach Report, which examines the impact of third-party cyber breaches in 2022. The level of breach impact and destruction was catastrophic, doubling in 2022 with 4.73 affected companies per vendor compared to 2.46 companies per vendor in 2021. With 63 third-party breaches analyzed and at least 298 publicly disclosed victims last year alone, the magnitude of attack continues to increase significantly, putting organizations at heightened risk in 2023.

Dec 8, 2022

Black Kite, the only Cyber Security Security Ratings Service (SRS) to deliver the highest quality intelligence, today announced the appointment of Eireann Connolly as Chief Revenue Officer. A distinguished leader in building high-performing sales teams, Connolly will support Black Kite in driving customer and revenue growth as the company experiences record demand.

Nov 2, 2022

Aravo and Black Kite today announced a new partnership designed to empower organizations to improve their cybersecurity defenses by quantifying and monitoring cyber risk across the extended enterprise.

Oct 25, 2022

Black Kite, the leader in third-party cyber risk intelligence, today announced it was awarded two 2022 CISO Choice Awards by CISOs Connect™ for its technology platform and business practices. Black Kite won the Partner in Success and Third Party Risk Management categories, which were selected by a panel of 12 leading CISOs.

Aug 2, 2022

Black Kite, the leader in third-party cyber risk intelligence, today released The Cost of a Data Breach: A New Perspective, a global analysis curated with Open-Source Intelligence (OSINT) that examines the financial impact of 2,400 cyber incidents between 2017-2022. The most notable takeaway: of the 1,700 companies with a digital presence that could still be monitored, the overall average cost of a data breach is now $15.01 million.

Jun 14, 2022

Black Kite, the leader in third-party cyber risk intelligence, announces the availability of FocusTags™, a fast and simple way for users to track high-profile cyber events and quickly identify which vendors have been affected within their supply chain. This latest capability furthers the company’s mission to provide continuous monitoring of vendors to identify and mitigate ransomware and other risks. FocusTags are automatically applied following high-profile cyberattacks but can also be added to help with supply chain organization.

May 24, 2022

Black Kite, the leader in third-party cyber risk intelligence, today released Centralizing Supply Chain Cybersecurity: U.S. Federal Government Risk in 2022, which finds cyber risks for top defense contractors are rising. Most notably, 72% of contractors have had at least one leaked credential in the last 90 days – a 71% increase from six months ago.

May 17, 2022

Black Kite, the leader in third-party cyber risk intelligence, today announced it has successfully completed its Systems and Organizational Control (SOC) 2 Type II examination. It received accreditation for meeting the American Institute of Certified Public Accountants’ (AICPA) high requirements in Security, Availability and Confidentiality.

Apr 5, 2022

Black Kite, the leader in third-party cyber risk intelligence, today released A Fight for Coverage: Cyber Insurance Risk in 2022, a report that examines rising cyber risk concerns and ransomware susceptibility in the insurance sector. The most notable takeaway: nearly 20% of the top 99 insurance carriers have a high susceptibility to ransomware.

Mar 29, 2022

Black Kite, the leader in third-party cyber risk intelligence, today announced former Gartner analyst Jeffrey Wheatman has joined the company as Senior Vice President Cyber Risk Evangelist (SVP CRE). Wheatman will not only help clients identify and understand their cyber threat risks, but work with them to strengthen their infrastructure and mitigate third-party risk.

Mar 7, 2022

Black Kite, the leader in third-party cyber risk intelligence, was recognized today as a Customers’ Choice in the latest Gartner Peer Insights™ ‘Voice of the Customer’: IT Vendor Risk Management’ report. Based on end-user feedback (32 reviews as of Nov ‘21), 100% of the customers that reviewed Black Kite would recommend the platform to their peers, and the company is one of only two vendors to score perfectly in that category.

Mar 3, 2022

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.

Jan 20, 2021

Black Kite, the leader in third-party cyber risk intelligence, today released its annual Third-Party Breach Report, which examines the impact of third- party cyber breaches in 2021.Ransomware was the most common attack method behind third-party breaches in 2021, initiating more than one out of four incidents analyzed.

Oct 26, 2021

Black Kite, the standard in third-party cyber risk ratings, has won the CISO Choice Award for Risk Management for a second consecutive year.

Oct 13, 2021

Black Kite, the standard in third-party cyber risk ratings, announced today a $22 million Series B investment led by Volition Capital, with participation from existing investors Moore Strategic Ventures, LLC (MSV), Glasswing Ventures, and Data Point Capital.

Oct 4, 2021

One-quarter of the 150 largest energy companies in the U.S. are highly susceptible to a ransomware attack, new research from Black Kite revealed today.

Sep 15, 2021

More than 90 percent of Nasdaq-100 companies are operating out-of-date systems, and 82 percent have publicly visible ports, increasing the risk of a ransomware attack, new Black Kite research revealed today.

Aug 16, 2021

Black Kite, the trusted cyber risk ratings company, today launched the Black Kite Aviator partner program. Aviator enables IT solutions providers to bolster their portfolio of cyber risk services and help customers secure their supply chains. More than 50 companies have already signed on to the Aviator program.

May 18, 2021

New research in Black Kite’s 2021 Ransomware Risk Pulse: Pharmaceutical Manufacturing reveals one in 10 global pharmaceutical manufacturers are at a high risk of suffering a ransomware attack. The report evaluates the cybersecurity posture of the 200 largest global pharmaceutical companies and 166 associated third-party vendors, uncovering the biggest threats facing the supply chain.

May 3, 2021

Black Kite, a leading cybersecurity ratings provider, today released the first automated ransomware service that assesses the likelihood of a ransomware attack on organizations and their vendors, suppliers, and business partners. The Ransomware Susceptibility Index (RSI) enables companies to gauge the ransomware attack risk of any vendor within minutes.

March 16, 2021

Cybersecurity vulnerabilities among credit unions and their vendors create the potential for large financial impacts to the credit union industry, according to the 2021 Third-Party Risk Pulse: Credit Unions and Vendor Ecosystems report released by Black Kite today.

March 4, 2021

Black Kite, a leading cybersecurity ratings provider, today announced a value-added reseller agreement with Templar Shield, a premier information security, risk and compliance technology professional services firm. The partnership combines Black Kite’s software- as-a-service (SaaS) cyber risk tools with Templar Shield’s third-party risk management (TPRM) consulting services.

January 11, 2021

Black Kite, the cyber risk rating company, announced today the closing of $7.5 million in Series A funding led by Moore Strategic Ventures, LLC (MSV). The financing round also includes participation from existing investors, Glasswing Ventures and Data Point Capital. Since its inception in 2016, Black Kite has secured a combined total of $11.1 million in financing.

October 6, 2020

NormShield, the cyber risk rating company, announced today the closing of $7.5 million in Series A funding led by Moore Strategic Ventures, LLC (MSV). The financing round also includes participation from existing investors, Glasswing Ventures and Data Point Capital. Since its inception in 2016, NormShield has secured a combined total of $11.1 million in financing.

November 12, 2019

VendorInsight®, a leading provider of vendor risk SaaS software and integrated vendor evaluation reporting, today announced its OEM Partnership with NormShield® and its Cyber Risk Monitoring solutions.

September 24, 2019

No matter how hardened a company’s cyber defenses are, significant risk remains when suppliers and third-party trading partners are attacked and compromised. Today, NormShield, the only provider of a standards-based external cyber risk assessment platform, unveiled the first-ever automated tool to combine and assess both cyber and financial risk.

June 25, 2019

The list of declared Presidential candidates is long and diverse but all seem to be on the same page when it comes to their cybersecurity protections, according to new research from NormShield, the only provider that assesses and prioritizes the cyber risk of any organization within 60 seconds.

May 30, 2019

DDVV Solutions, a leading provider of Third-Party Risk Management (TPRM) and IT Security services, today partnered with NormShield, the only provider of standards-based external cyber risk assessment and mitigation recommendations. DVV Solutions customers will now have the capability of assessing, measuring and mitigating cyber risk associated with their suppliers and third parties.

May 10, 2019

The 50 fastest growing companies in the U.S. all earn above average cybersecurity risk scores, but half fail to protect their customers, partners, and employees from phishing risk, NormShield, the only provider of standards-based cyber risk assessment and mitigation tools, revealed today.

April 10, 2019

A new partnership between Supply Wisdom, the industry-leading continuous risk monitoring solution, and NormShield, the only provider of standards-based cyber risk assessment and mitigation tools, will provide global enterprises with comprehensive risk coverage to eliminate the need for subscriptions with multiple risk intelligence vendors.

April 1, 2019

NormShield, provider of on-demand cyber risk scorecards for enterprises, has launched its industry-first Rapid Cyber Risk Scorecard, the only risk assessment solution that delivers detailed, accurate data on any company’s security vulnerabilities in 60 seconds or less.

December 25, 2018

“CIOReview has shortlisted the most cutting-edge solutions that offer tailor-made and efficient solutions for cybersecurity”. The annual list consists of 10 companies at the forefront of providing cybersecurity solutions and impacting the industry.