Cyber Risk in Financial Terms
Using the Open FAIR™ model, BlackKite calculates the potential financial impact (risk) to your organization in the case of a cyber breach.
Based on Open FAIR™
Open FAIR™ is the only international standard Value at Risk (VaR) model for cybersecurity and operational risk.
BlackKite uses the Open FAIR™ model to calculate the probable financial impact if a third-party vendor, partner, or supplier experiences a breach.
Measure Cyber Risk in Dollars & Cents
For the first time, CISOs, CROs, and CFOs have an automated tool that measures the probable financial impact of cyberattacks against your company or your vendors, suppliers, and trading partners — and communicates risks in quantitative, easy-to-understand business terms.
Mature Your TPRM Program
Having the capacity to use an Open FAIR™ assessment at scale for third-party risk management will elevate your risk management program. This tool will help attain the goal of cost-effectively achieving and maintaining an acceptable level of loss exposure, while also clearly conveying the breadth of risk factors across the organization.
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What Our Clients Are Saying
“An excellent platform that we used to replace a legacy security rating vendor. The level of detail that BlackKite provides is unparalleled. We are extremely pleased with the information that we are receiving and are using to not just evaluate ourselves and our third-party vendors but also other organizations that we have a stake in.”
“Much more attention to detail than competing solutions. Support and customer relations – very strong. Initially missing some features… this gap was promptly closed – as promised.”
“My overall experience with BlackKite has been nothing short of superb. The team is patient, knowledgeable, and demonstrates exceptional value in the third-party cyber risk space. We have been a customer for more than two years, love how they listen to our feedback and am always amazed when some of it shows up in a new release of the service. I would highly recommend BlackKite to any organization or entity looking to assess the cyber risk and financial impact of third parties.”
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