The Business Case for Investing in a Security Ratings Platform

According to a 2017 study conducted by Ponemon Institute, on average, the total cost of a data breach is more than $7 million for U.S. companies. Many cyber breaches occur as a result of third-party vendor relationships and these types of attacks are on the rise. The cost factors associated with a breach can include data loss, operational downtime, incident recovery, shareholder and customer lawsuits, regulatory fines, and reputational damage. In this white paper from SecurityScorecard and HMG Strategy, we’ll:

  • Help you build a business case for a security ratings platform
  • Show you examples of companies that have benefitted from the deployment of a security ratings platform, including a breakdown of the cost benefits that have been achieved

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