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SecurityScorecard: New ABAX partner for cybersecurity assessments

SCC reporting
The patented rating technology of SecurityScorecard now new at ABAX (Image source: SecurityScorecard)

ABAX strengthens its Security portfolio with the world's leading provider of cybersecurity assessments. SecurityScorecard has been a permanent fixture in the risk management portfolio of over 1.5 million continuously rated companies since its inception in 2013.

Why is risk assessment important?

SecurityScorecard is a risk management platform that enables customers to continuously monitor and assess the cyber health of their security ecosystem. SecurityScorecard scores are calculated as a weighted average of 10 factor scores, each of which assesses a different aspect of an organization’s cybersecurity posture. The numeric values of the factor weights were originally determined by subject matter experts in cybersecurity.

Experience has shown that companies with a score of C, D or F are 5 times more likely to become victims of security breeahes or face compliance penalties.

SSC Ratimg
A high score has real implications for the security level of companies (Image source. SecurityScorecard)

Founded by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh in 2013, SecurityScorecard's patented rating technology is used globally for enterprise cyber risk management, third-party risk management, basis for executive reporting and cyber insurance underwriting.

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ABAX can look back on many years of expertise in IT security and can support your company with a suitable integration. According to the approach "From planning to implementation to ongoing optimization". we are gladly available for your concerns around IT Security.

The ABAX IT experts pay attention to problem-free processes in order to support your company as quickly, efficiently and transparently as possible and to ensure smooth processes. We look forward to a collaboration with you!

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