New York, NY, December 20, 2018 – SecurityScorecard, the leader in security ratings, announced today the company’s achievement of reaching 1 million companies rated across 175 countries and 17 major industries. With small and mid-size companies representing significant risk within vendor and partner ecosystems, SecurityScorecard’s ability to rate over a million companies provides the industry’s broadest range of rated companies, offering its customer community an incredible amount of historical data to contextualize cybersecurity risk.
SecurityScorecard affords enterprise security and risk management professionals the ability to instantly understand the security posture of any organization in a matter of seconds. This capability combined with the power of an expansive scorecard data set, results in unparalleled cyber risk data at the fingertips of vendor risk managers, cyber insurance underwriters, procurement and M&A professionals at scale.“At SecurityScorecard, we have created a global community that spans 1 million rated companies and growing daily. The value we bring to our customers today stems from our ability to pull history and insights from this wide base to reach the ever-present goal of improving a company’s cybersecurity posture,” said Aleksandr Yampolskiy, Co-Founder and CEO of SecurityScorecard. “As we pass the 1 million scorecard marker as we close out 2018, SecurityScorecard is committed to continuing to innovate ahead of the industry and provide our customers with the most accurate, scalable platform on the market.”
Enabled by architecture that’s built to scale and provide continuous monitoring, the logic of hand curation being a more accurate solution goes out the window when the dynamic nature of the internet is considered. SecurityScorecard’s fully automated, scalable solution completes daily security ratings driving continued accuracy and a high level of fidelity. This methodology trumps any human-driven solution on the market today, as it encompasses 5-10x more companies rated than any other provider in the industry.
“The latest cybersecurity job report predicts a 3.2 million cyber deficit by 2021. Companies cannot rely on human validation as a viable solution to scale in assessing cyber risk across the entire ecosystem, which may include hundreds of thousands of vendors,” said Sam Kassoumeh, Co-Founder and COO of SecurityScorecard. “Through the milestone of reaching 1 million companies rated, SecurityScorecard is doubling down on its ability to provide risk visibility to all types of businesses globally, with contextual insights from the company’s deep historical data set.”
Founded in 2013 by former CISOs, Aleksandr Yampolskiy, CEO, and Sam Kassoumeh, COO, SecurityScorecard was created in recognition of the need to address third-party vendor risk, as well as better understand an organization’s overall risk. Today, SecurityScorecard’s platform is used across 175 countries globally and finds utility in the cybersecurity insurance underwriting process, M&A vetting, and vendor risk management.
To learn more about SecurityScorecard’s 1 million companies rated milestone, please visit: https://securityscorecard.com/one-million
Headquartered in the heart of New York City, SecurityScorecard’s vision is to create a new language for measuring and communicating security risk. The company was founded in late 2013 by Dr. Aleksandr Yampolskiy and Sam Kassoumeh, two former cybersecurity practitioners who had served, respectively, as Chief Information Security Officer and Head of Security and Compliance. With cloud solutions becoming an increasingly integral part of the security technology stack Yampolskiy and Kassoumeh recognized the need to address third- and fourth-party risk as well as better understand the security capabilities of their business partners. Since its founding, the company has grown dramatically and now counts hundreds of leading brands as customers. SecurityScorecard is backed by leading venture capital investors including Sequoia Capital, GV, NGP Capital, Evolution Equity Partners, Boldstart Ventures, and AXA Venture Partners, among others. For more information, visit securityscorecard.com.