Cybersecurity performance is critical to achieving commercial success, according to a BitSight study.

Among the study’s most interesting findings is that nearly two in five (38 percent) of enterprises admit that they have lost business due to either a real or perceived lack of security performance within their organization.

Based on a survey of 207 security decision makers with responsibility for risk, compliance, and/or communications with boards of directors, the study explores the organizational misalignment and technological complexities that commonly prevent organizations from realizing effective security performance management (SPM).