Posted on Dec 8, 2017
“As security ratings continue to mature, more organizations in the public and private sectors leverage them in making business and risk decisions.”-- U.S. Chamber of Commerce in the Principles for Fair and Accurate Security Ratings.
With 75 percent of investigated breaches emanating from third parties, it’s become a widely accepted fact that effective cybersecurity risk mitigation requires keeping a close eye on the risks presented by vendors.
That is why organizations today are focusing on finding a solution for to how to monitor the vendors in their risk ecosystem more effectively. With reason, increasing importance is being given to risk measurement across the ecosystem; in fact, a recent study presented at Black Hat Europe revealed that despite concerns about new threats, risk measurement is the number two area where security professionals invest their time.
For many, part using security ratings as a metric has proven to be a powerful tool in their risk mitigation foundation.
Tune Into to the Webinar December 14th featuring Senior Forrester Analyst Nick Hayes.
Hayes will provide insights on how the security ratings space is evolving and how the use of the data behind the score is becoming more ubiquitous; he will discuss how to operationalize a security ratings tool, how to stay ahead of the curve, and more.
With hackers finding new ways to attack third-parties in hopes of infecting a larger organization, the third-party ecosystem is more fragile than ever before.
The purpose of IT security risk assessment is to determine security risks to your company’s critical assets, and how much funding and effort should be used in their protection. Get started with SecurityScorecard’s step-by-step guide to managing your cyber risk.
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