SecurityScorecard Designated a 2020 Cyber Catalyst by Marsh(SM)
NEW YORK, Jan. 15, 2021 /PRNewswire/ -- SecurityScorecard, the global leader in cybersecurity ratings, today announced that the SecurityScorecard Security Ratings Platform has been recognized as a 2020 Cyber CatalystSM solution following an independent evaluation by Marsh, the world's leading insurance broker and risk adviser. SecurityScorecard received designations for its full suite of products and services, including Security Ratings, Atlas questionnaires, Security Data, APIs & Integrations, and Professional Services, for efficiency in supply chain/vendor risk management.
The Cyber CatalystSM program by Marsh gives organizations greater clarity and confidence in choosing cybersecurity solutions that can have a meaningful impact on cyber risk. The participating insurers, Allianz; AXA XL, a division of AXA; AXIS; Beazley; CFC; Munich Re; Sompo International; and Zurich North America, evaluated more than 90 solutions that targeted ransomware, supply chain/vendor management, cloud migration/management, social engineering, and privacy regulation/data management, along six criteria:
The SecurityScorecard Security Ratings Platform was one of 15 cybersecurity solutions and products to receive the Cyer CatalystSM designation for supply chain/vendor management in 2020. The participating insurers rated SecurityScorecard's Security Ratings Platform highest on the criteria of viability and flexibility. Some quotes from their evaluation include:
"The rise of digitization and the high reliance on cloud vendors and other external parties for critical business operations, as well as the evolving sophistication of cyber-attacks, have made combatting cybersecurity risk increasingly challenging. Counter-party security risk cannot be ignored as a business issue any longer," said Sam Kassoumeh, co-founder and chief operating officer of SecurityScorecard. "The Cyber CatalystSM designation by Marsh demonstrates the meaningful impact the SecurityScorecard Security Ratings Platform has on cyber risk. We are dedicated to providing organizations with continuous, non-intrusive security monitoring of IT infrastructures and ecosystems and instant visibility into the cyber health of their vendors."
The SecurityScorecard Security Ratings Platform is suitable for businesses of all sizes and industries, especially those that are highly regulated or susceptible to specific vulnerabilities (e.g., banking, healthcare, insurance, and e-commerce). SecurityScorecard delivers ratings data on more than 1.5 million companies that directly integrate into questionnaires, providing a 360-degree view of cybersecurity risk.
SecurityScorecard's easy-to-understand 'A through F' Security Ratings, Atlas questionnaires, and Security Data are all integral components of the Security Ratings Platform. Atlas, the automated leading cybersecurity questionnaire exchange and validation solution, provides an inside-out view with Security Ratings automatically mapped to individual questions, providing objective validation of vendor-provided responses. SecurityScorecard's Security Data enables users to leverage a comprehensive and relevant security intelligence database accessible through APIs and over 20 pre-built integrations to enhance the value of existing security tools. Additionally, SecurityScorecard offers a suite of professional services to augment team capacity and provide cybersecurity expertise.
"The Cyber CatalystSM designation signals that leading insurers believe SecurityScorecard can help reduce cyber risk, and strongly merits consideration by organizations who seek solutions that yield meaningful improvements in cyber risk outcomes," said a Cyber Catalyst by MarshSM spokesperson. "The 2020 class of Cyber CatalystSM solutions target the five most significant cyber risks identified by cyber insurers and, together with the 2019 designees, comprise a roster of more than 30 cybersecurity products insurers believe can be highly effective against cyber threats."
For more information on the 2020 Cyber Catalyst-designated solutions or the program, visit the Cyber CatalystSM page at https://www.marsh.com/us/services/cyber-risk/cyber-catalyst.html
View original content to download multimedia:http://www.prnewswire.com/news-releases/securityscorecard-designated-a-2020-cyber-catalyst-by-marshsm-301209415.html
What Can Forward-thinking Business Do with Voice Interactions?