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Bitsight

What is BitSight 

The BitSight Platform is used to help companies measure and track the security of their own organization to understand and remediate risk across their supply chain. The Platform continues to expand value to companies in areas like Cyber Insurance Underwriting, Governments understanding risks across their nations and industries, and business being able to understand cyber risk associated with mergers and acquisitions. These expanding use cases show the value in the data we collect and its relevance in many disciplines.

How is the rating calculated 

1. Ratings are fed by a massive set of publicly accessible data: 200+ billion security events gathered (~10B/day) globally and processed every day. 

2. This data is then mapped to specific company IP addresses. 

3. Ratings are broken into 3 categories: Compromised Systems, Security Diligence, and User Behavior. If a breach has occurred, we capture that too. 

4. Our algorithm takes all of this information and calculates the top level rating on a daily basis. Our algorithm is updated annually to ensure that we are always factoring in the latest risks, given the changing nature of cybersecurity.

5. All of this is feeds the easy-to-understand 3 digit rating from 250-900

Why should I use BitSight to monitor my Infrastructure?

1. Instead of conducting point in time assessments (Pen testing, audits, etc), you can continuously monitor your infrastructure with updated data on a daily basis;

2. Enables you to benchmark against your industry and peers;

3. Enables you to discuss the cybersecurity strategy in a business understandable language (board-level reporting)

4. Enables you to improve your performance with verifiable, actionable data.

5. Reputation/ Brand Management: Your company can be continuously monitored by other companies.

Why should I use BitSight to monitor my critical suppliers?

1. Questionnaires and traditional methods lack visibility over a company’s IT security risk;

2. 63% of all data breaches happened because of third-parties (Delta Airlines, Sears, Marriott Hotels, Etc..)

3. BitSight enables you to view the risk of third-parties on a daily basis;

4. BitSight enables you to collaborate with critical vendors and help them remediate issues and improve cybersecurity performance.

BitSight Prices 

BitSight is SAAS product and its charged annually depending on the below information;

1. Level of service needed as specified below

2. Number of IP addresses (> or < than 4000 IPs) 

3. Number of third parties the customer wish to monitor 

BitSight References 

More than 2100 companies of all sizes and industries have chosen BitSight as their Security Ratings partner, including all of the Big 4 accounting firms, 4 of the top investment bank such as Wells Fargo and more than 40 governmental agencies around the globe. 

Cyber Security Solutions

Aegis Secure Solutions is the sole representative of cyber security solutions.

Click below to learn more details.

Ramadhan Al-Mubarak!

Ramadhan Kareem!

Inauguration of Aegis Secure Solutions Sdn Bhd’s (“Aegis”) Newly Renovated Cash Processing Center (“CPC”)

March 21 2022 –  Aegis celebrated the official launch of its refurbished CPC today at its headquarters. The facility is state–of-the-art and in full compliance with international banking standards. It can now accommodate 30 operators, capable of processing high volumes of notes and coins for all Financial Institutions and retailers of multiple sizes (small, medium & large) where previously there were only 5 workstations. 

The CPC was inaugurated by Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II. Also attending the opening ceremony and conducting the ribbon cutting were the Aegis Directors  Mr Musa bin Haji Adnin, Mr Ahmad Morshidi bin POK Di-Gadong Seri Diraja Dato Laila Utama Awang Haji Abdul Rahman, Ms Nur Khadijah Ahmad  and Mr Jorge Vega, CEO Aegis. Other guests included Yang Mulia Pg Maslina binti Pg Hj Mahmud, Executive Director, Brunei Darussalam Central Bank, and senior executives from the various Brunei financial institutions. 

Aegis executives walked the guests through its facilities to showcase the security features of the premises. The ribbon cutting was held inside the CPC, followed by a demonstration of Aegis’s new G+D counting machines and new software, and viewing of an armored vehicle; concluding with refreshments. Aegis has initiated the digitalization of the company by utilizing cutting edge world class solutions, equipment and software to conform with international standards. The Cash Services Department is the first division to achieve full digitalization – reducing paper usage by 90%, enabling real time tracking of cash services, and ensuring maximum security and accountability. This has resulted in impressive results with a decrease of 65% in  ATM/Cash Deposit Machine(CDM) replenishment time and a reduction in processing time of 25minutes per machine. 

Aegis shared its vision for the cash industry in Brunei. Mr Jorge Vega, CEO of Aegis, said in his welcoming speech, “…we believe that we can transform the cash cycle in Brunei. With  our new cash center, we are capable of handling all your cash cycle through a full outsourcing mode. We have a vision of a centralized unique ATM network for all banks nationwide; where banks do not need to manage ATM’s anymore and every citizen can go to any ATM to withdraw or deposit cash with minimal to no downtime…You run the business, lets us handle your cash.” He also expressed his confidence, based on international studies showing globally the use of cash continues to increase around 4% per annum, and that “cash is still king” despite the emergence of e-wallets and free interbanking. 

Mr Jorge Vega also officially announced Aegis’s investment and business venture in the Philippines with the addition of Aegis Corporation to the Aegis umbrella, stating “this demonstrates that Brunei companies are not held back by Brunei borders but can deliver a high quality service to customers overseas and transfer our expertise.” Aegis Corporation is already operational and servicing customers in Cebu and various islands. The Philippines is estimated to have a population of 23,000 ATMs which makes it a very exciting venture for Aegis.

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About Aegis Secure Solutions (“Aegis SS”)

Founded in 1999 Aegis SS is the only end-to-end secure transportation and cash management service provider in Brunei. Aegis SS utilizes a specially renovated security premises operating 24 hours 365 days a year and incorporating a state of the art Control Room, fleet of fully armoured and semi-armoured vehicles, CPC, and secure vault; delivering services including processing, counting, consolidation, verification, vaulting and banking. Aegis SS also provides Manned Secure Services, Electronic Security Services, and X-ray machine maintenance. In 2020 Aegis became an authorized dealer for G&D Currency Technology as well as DaHua Technology, products.