SecurityScorecard Reinforces Cybersecurity Trust and Transparency

SecurityScorecard Reinforces Cybersecurity Trust and Transparency

By Greg Tavarez

Cybersecurity is discussed often among C-suite and IT professionals, and for good reason. Cybersecurity is a digital shield that protects businesses and organizations from malicious actors who aim to steal, disrupt or harm. But unfortunately, assessing an organization's security posture is a challenge that many businesses cannot overcome.

Enter cybersecurity ratings – important tools that deliver data-driven insights.

Security ratings are a score, like a credit rating for cybersecurity, offering a clear view of an organization's overall cyber-hygiene. Using sophisticated algorithms and analyses of vast datasets, these ratings capture the effectiveness of security controls, preparedness against diverse threats and potential vulnerabilities across an organization's network.

Founded in 2013, SecurityScorecard is a renowned provider of cybersecurity ratings, response and resilience. SecurityScorecard's patented rating technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, general cyber due diligence, cyber insurance underwriting and regulatory oversight.

SecurityScorecard, with a decade-long commitment to providing free security ratings for all organizations, recently announced new capabilities to strengthen cybersecurity trust and transparency across the digital ecosystem.

The core of SecurityScorecard's offering remains its free security ratings, calculated from hundreds of continuously monitored data points. This provides any organization, regardless of size or budget, with insights into their own vulnerabilities and a valuable tool for establishing trust with partners and customers. Now, organizations can further personalize their ratings by integrating internal data such as security certifications, penetration test results and employee cybersecurity training.

Further bolstering transparency, SecurityScorecard offers a dispute process accessible to customers and non-customers alike. Disputed ratings are clearly marked as such until resolved and corrected or clarifying data is promptly reflected once validated. Organizations receive a response within 24 hours, with score adjustments finalized within 72 hours.

SecurityScorecard's dedication to eliminating false positives is another key differentiator. Through partnerships with organizations and rigorous validation methods, the company has achieved a false positive rate below 1%. This ensures that the data powering their ratings is reliable and actionable, minimizing potential disruptions or misjudgments.

“SecurityScorecard firmly believes that security ratings are a fundamental right necessary to safeguard society and the economy,” said Dr. Aleksandr Yampolskiy, CEO and co-founder of SecurityScorecard. “Since our founding over 10 years ago, we’ve upheld an ethos based on transparency, fairness, and inclusivity. This commitment is validated by the active participation of over 60,000 organizations on the SecurityScorecard platform.”

SecurityScorecard prioritizes trust and transparency throughout its offerings, starting with free account registration. Recognizing cybersecurity as a shared responsibility, the company encourages participation in maintaining accurate security ratings.




Edited by Alex Passett
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