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SecurityScorecard Continues Leadership of the Security Ratings Market, New Solutions Drive Massive Growth Leading Into 2024SecurityScorecard announced significant momentum coming into 2024, driven by strong new customer acquisition, significantly larger deal sizes, and strong customer expansion. Expanding on 2023 success, SecurityScorecard launched solutions in adjacent markets, including threat intelligence and external attack surface management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240214139071/en/ (Graphic: Business Wire) Additionally, SecurityScorecard delivered end-to-end supply chain cyber risk management capabilities with its new MAX managed services offering. SecurityScorecard closed the year with 2,600 customers - representing 70% of the Fortune 1000 - and 70,000 organizations using the platform. Global 2000 customers SecurityScorecard continued to see high growth despite overall macroeconomic trends impacting many other cybersecurity companies. The company's leadership position in the red-hot supply chain risk management space and superior technology capabilities set it apart from competitors. With the new SEC cybersecurity disclosure requirements, security ratings and third-party cyber risk management have become a must-have for all public companies to communicate risk. Cybersecurity innovation 2023 highlights of SecurityScorecard innovation include:
Dr. Aleksandr Yampolskiy, CEO & Co-Founder of SecurityScorecard, said: "SecurityScorecard ratings deliver a universal language for cybersecurity. Our core scurity ratings business is very strong, and we've transformed security ratings from a standalone use case to a comprehensive platform solution. This evolution expands our market potential as customers prioritize streamlined tech stacks and measurable outcomes." Industry leadership In 2023, SecurityScorecard was recognized by Inc. Magazine as one of the fastest-growing private companies in America, named to Fast Company's prestigious annual list of the World's Most Innovative Companies, and joined the World Economic Forum Global Innovators Community. Forbes also selected SecurityScorecard to provide publicly available security ratings for the industry's first list of Forbes America's Most Cybersecure Companies. The global standard in cybersecurity SecurityScorecard's unwavering commitment to the public sector reached new heights in 2023. The company achieved the coveted FedRAMP Ready® designation, the gold standard in cybersecurity. FedRAMP rigorously validates compliance with U.S. government security standards for cloud service providers, like SecurityScorecard. FedRAMP provides U.S. government agencies with a unified, standardized framework for measuring and improving their cybersecurity posture. SecurityScorecard was also approved to deliver critical cybersecurity capabilities through the Department of Homeland Security Continuous Diagnostics and Mitigation Program Approved Product List. In addition, SecurityScorecard established a partnership with the Canadian Centre for Cyber Security. Strategic partnerships shape the future of cybersecurity Through strategic partnerships, SecurityScorecard continues to deliver transformational security solutions for customers. 2023 partnerships included:
Actionable threat intelligence SecurityScorecard's proprietary threat intelligence delivers actionable insights into threats targeting specific organizations, industries, and regions. By enriching raw data with contextual information and analysis, SecurityScorecard empowers security teams to allocate their limited resources effectively to remediate exploited vulnerabilities. In 2023, SecurityScorecard research included:
Renaud Deraison, Co-Founder of Tenable and a pioneer of vulnerability management, said: "SecurityScorecard transforms how organizations resolve critical vulnerabilities across their attack surface and supply chain. Thousands of customers trust SecurityScorecard to defend against zero-days and emerging threats, such as SolarWinds or MoveIT. In 2024, SecurityScorecard will transform the cybersecurity industry forever." About SecurityScorecard Funded by world-class investors, including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings, response, and resilience, with more than 12 million organizations continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, threat intelligence, and regulatory oversight. SecurityScorecard makes the world safer by transforming how organizations understand, improve, and communicate cybersecurity risk to their stakeholders, employees, and suppliers. SecurityScorecard achieved the Federal Risk and Authorization Management Program (FedRAMP) Ready designation, highlighting the company's robust security standards to protect customer information, and is listed as a free cyber tool and service by the U.S. Cybersecurity & Infrastructure Security Agency (CISA). Every organization has the universal right to its trusted and transparent instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240214139071/en/ |