SecurityScorecard Recognized as a Leader in the Cybersecurity Risk Ratings Report
New York, NY, November 13, 2018 - SecurityScorecard, the leader in security ratings, today announced it has been recognized by Forrester Research, Inc. as a Leader in The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018 report. The report assessed nine vendors in the cybersecurity risk ratings market and recognized SecurityScorecard with a “differentiated” rating in six of ten criteria.
“[SecurityScorecard] leads the pack with robust collection and risk analysis,” wrote report authors Trevor Lyness and Nick Hayes. The report also stated: “SecurityScorecard stands out for its core cyber-risk rating capabilities: data collection, rating efficacy and transparency, and vendor review and collaboration.”
SecurityScorecard earned a differentiated rating (the highest rating possible) in the following evaluation criteria:
- Thought Leadership & Strategic Partnerships
- Dashboards & Alerts
- Rating Efficacy & Transparency
- Risk Analysis & Attribution
- Dark Web & Technical Intelligence
- Surface & Deep Web Intelligence
Customers interviewed for the report cited the platform’s, ‘Great UI; compelling reporting and data visualization features’ and stated that ‘the scoring methodology is easy to understand and explain.’
“In our view, Forrester’s research confirms what we are seeing in the marketplace,” said Sam Kassoumeh, COO and Founder of SecurityScorecard. “We believe that our performance in this evaluation is a testament to our innovation driven culture. We look forward to continuing to drive innovation in the space and execute on our vision to create a new language for companies and their partners to communicate, understand, and improve their cybersecurity posture.”
SecurityScorecard is leveraged by hundreds of customers across the globe to meet security and compliance needs throughout a number of use cases, including vendor risk management, cyber insurance, mergers & acquisitions, board reporting and security benchmarking.
“As both an investor and cyber insurance partner to SecurityScorecard, AXA can attest to the innovation and commitment SecurityScorecard has to leading the market as the most comprehensive and trusted security ratings platform,” said Sébastien Loubry, Partner, AXA Venture Partners. “As we continue to define the parameters for cyber insurance as an industry, SecurityScorecard’s ability to correlate risk data across the vendor ecosystem is paramount to successfully insuring organizations against cyber attacks.”
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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, AXA Venture Partners among others. For more information, visit securityscorecard.com.