CyberKnight partners with SecurityScorecard to translate cyber risk into financial risk

CyberKnight partners with SecurityScorecard to translate cyber risk into financial risk

According to Gartner, 48% of board directors rank cyber risk as a top enterprise risk while cyber risk incidents can have significant operational, financial, reputational, and strategic consequences

To aid regional organisations with understanding their overall security posture, CyberKnight has become the Middle East VAD for SecurityScorecard – the global leader in cybersecurity risk ratings, response, and resilience. The company provides a comprehensive platform to proactively build a more secure ecosystem for organisations and their vendors, mitigate cyber risks, eliminate vulnerabilities, and meet compliance standards, regardless of the industry.

The Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021 report has recognised SecurityScorecard as a leader in cybersecurity risk ratings. SecurityScorecard is the only platform that allows customers to push their data to, and ingest data from, other third-party solutions. SecurityScorecard’s volume of workflow automations and integrations across key categories such as IT service management, ITSM, EDR, SIEM, third-party risk management, TPRM, and more ensures customers can access rich threat intelligence to enhance their existing security and compliance workflows.

“Organisations today are struggling to understand their own security risk posture, including risks associated with their supply chain. This knowledge gap opens them to security vulnerabilities, and puts them at risk for data breaches, lost business, and the ensuing damage to their reputations. We are very excited about this partnership with SecurityScorecard so that we can help regional enterprise and government customers articulate risk and ROI to defend against costly cyberattacks”, commented Vivek Gupta, Co-Founder and COO at CyberKnight.

SecurityScorecard evaluates cybersecurity risk using data-driven, objective, and continuously evolving metrics that provide visibility into any organisation’s information security control weaknesses, as well as potential vulnerabilities throughout the supply chain ecosystem. We are thrilled to partner with CyberKnight, a leading cybersecurity VAD in the Middle East, to increase our footprint in the region while delivering the benefits of cyber risk ratings to CyberKnight’s channel so that they can assess and continuously monitor the cybersecurity posture of their customers”, said Jan Bau, Vice President, EMEA at SecurityScorecard.

SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies 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 30,000 organisations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

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