Understanding Optimism Bias of Security Performance

Understanding Optimism Bias of Security Performance

Without the ability to benchmark security performance against peers and industry averages, businesses can suffer from optimism bias. To understand optimism bias of cybersecurity performance, we asked IT professionals about their organization's performance relative to industry peers. Survey respondents included IT professionals from four key industries: Healthcare, Retail, Finance and Energy/Utilities. The results were compared with BitSight's Security Ratings data on the cyber security performance for thousands of companies.

Download this report to learn how businesses can gain actionable intelligence and combat optimism bias, as well as:

  • Why optimism bias is harmful to an enterprise risk management strategy
  • How adopting BitSight Security Ratings can help identify security issues that traditional audits may miss
  • How benchmarking security performance against industry peers can provide a more accurate view of cyber security posture
  • How optimism bias extends to third parties and vendors

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