Due to increasing interconnection and dependence on third parties, the overall security stance of a company increasingly relies on the security level of its providers and vendors. Managing and reducing risks resulting from your third party ecosystem is a growing challenge for organizations. Successful hacks and data breaches of the last months and years repeatedly have shown that this risk is regularly underrated. SecurityScorecard gives your company the tool to monitor and manage those risks in an easy-to-follow and accessible manner.
SecurityScorecard enables users to view and continuously monitor security ratings, easily add vendors or partner organizations and report on the cyberhealth of your extended third party ecosystems. The platform automatically generates a recommended action plan for issue remediation in order to achieve a “target” letter grade for an enterprises’ vendor and partner organizations as well as your own company. It also provides access to breach insights and shows a clear record of issues that have affected scores over time. Furthermore, SecurityScorecard not only is helpful for monitoring IT-security risks, but also supports your organization to meet expectations regarding data protection, legal & compliance requirements as well as supporting audit functions.
SecurityScorecard gives you a complete view of the security posture of your entire ecosystem. Its easy-to-use dashboard displays mission-critical information including high-risk vendors, critical and common security issues and predictive breach insights for your portfolios.
Score Planner provides full visibility and transparency into how specific security issues impact scores and automatically generates a recommended remediation plan in order to achieve a “target” letter grade. Once a plan is generated, you can download it as a CSV for convenient integration with your issue tracking system or GRC platform.
In addition, the platform also allows the security level of a company to be measured against internationally accepted standards (ISO 27001/2, NIST CSF, PCI DSS, etc.) as well as regulatory requirements (e.g. GDPR). Management reports and detailed analysis reports can also be generated with just a few mouse clicks.