Cybersecurity rating
Security ratings are an objective, data-driven, quantifiable measurement of an organization’s overall cybersecurity performance[1]. Security ratings provide businesses and government agencies with a third-party, independent view into the security behaviors and practices of their own organization as well as that of their business partners. Security ratings are a useful tool in evaluating cyber risk and facilitating collaborative, risk-based conversations[2].
According to Gartner, cybersecurity ratings will become as important as credit ratings when assessing the risk of existing and new business relationships. Gartner predicts that these services will be a perquisite for business relationships[3].
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Security Rating Services
The adoption of security rating services platforms is on the rise. In fact, Forrester Consulting found that 87% of respondents find security ratings valuable (37%) or extremely valuable (50%)[4]. There are a number of companies that provide security ratings services, including SecurityScorecard, BitSight, RiskRecon and UpGuard.
References
- ^ "Principles for Fair and Accurate Security Ratings". U.S. Chamber of Commerce. 2017-06-19. Retrieved 2020-02-12.
- ^ "Principles for Fair and Accurate Security Ratings". U.S. Chamber of Commerce. 2017-06-19. Retrieved 2020-02-12.
- ^ "Innovation Insight for Security Rating Services". Gartner. Retrieved 2020-02-12.
- ^ "Adoption of security ratings platforms is on the rise". Help Net Security. 2018-04-27. Retrieved 2020-02-12.
Category:Risk management Category:Security
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