Bitsight, a leader in cyber risk management, announced record adoption of its integrated third‑party risk and exposure management platform. Enterprises are moving away from point solutions and adopting Bitsight’s AI‑driven workflow, which has led to a 40% growth in its vendor network and reduced vendor onboarding time by up to 70%. Bitsight’s platform helps organizations mitigate third‑party risks and reduce breach exposure by as much as 75%, while simplifying assessment processes.

Bitsight attributed the momentum to its Framework Intelligence capability, which automates mapping of vendor questionnaires to industry standards like SIG, NIST CSF, and ISO 27001. The tool reduces a task that previously required eight hours of manual work to around 90 seconds, providing dynamic, continuous views of vendor risk and compliance. This integrated approach eliminates fragmentation and enables security, procurement and IT teams to collaborate on a single source of truth.

The company noted that more than 68,000 organizations now participate in the Bitsight Trust Management Vendor Network. New features expected later this year include deeper workflow automation, smarter vendor risk management agents, and a new threat intelligence overlay for faster risk prioritization. Vanessa Jankowski, senior vice president and general manager of TPRM at Bitsight, said the record adoption reflects a shift toward integrated, AI‑enabled third‑party risk management that delivers both speed and risk reduction.