Security News > 2021 > January > Refinitiv expands due diligence reports, adds cybersecurity and company credit risk ratings

Refinitiv is further expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk ratings from BitSight and Creditsafe.

Compiled by an experienced team of 450 analysts, the due diligence reports offer customers objective risk ratings according to six main categories of risk; identity, integrity, finance, ESG, cyber, and operational and quality risks.

With the addition of cybersecurity and credit ratings, Refinitiv's due diligence reports now draw on more than 200 billion cyber events monitored daily through 120 data sources, and more than 330 million company credit reports on both private and public companies collected from 9,000 sources.

Refinitiv Due Diligence is the new go-to-market name for the Enhanced Due Diligence business of Refinitiv following the acquisition of The Red Flag Group by Refinitiv on October 5th, 2020.

Refinitiv Due Diligence is the leading global provider of due diligence reports, onboarding workflow, data-based insights, ratings and managed services.

Using an approach similar to credit ratings for financial risk, BitSight collects data on over 200 billion cyber events every day from over 120 sources and applies sophisticated algorithms to produce daily cybersecurity ratings that range from 250 to 900, along with 23 risk factors and a minimum 12 month history for all companies.

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