Cybersecurity rating
Security ratings are an objective, data-driven, quantifiable measurement of an organization’s overall cybersecurity performance. 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.
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 relationshipsThe adoption of security rating services platforms is on the rise. In fact, Forrester Consulting found that 87% of respondents find security ratings valuable or extremely valuable. There are a number of companies that provide security ratings services, including SecurityScorecard, BitSight, RiskRecon and UpGuard.
