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FICO and EC Wise Announce Partnership for Streamlining Cybersecurity Risk Assessment and Mitigation

February 14, 2017 at 8:30 AM EST

SAN JOSE, Calif. and SAN RAFAEL, Calif., Feb. 14, 2017 /PRNewswire/ -- Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced today that EC Wise has joined FICO's Enterprise Security Score partner program. Through the partnership, EC Wise will incorporate the FICO® Enterprise Security Score into its EC:Secure portfolio of products and services, which enable clients to accurately assess cybersecurity risk within their own organization, as well as any organization they wish to work with.

"Executive leaders need a trusted benchmark to help them gauge cybersecurity risk as well as the performance of their cybersecurity investments," said Doug Clare, vice president of cybersecurity solutions at FICO. "With EC:Secure, EC Wise has assembled an impressive assortment of policy, process and posture assessment tools, along with the workflow components, that enable the solution to be greater than the sum of its parts. Our cybersecurity score will make it an even more powerful solution."

"Today the perimeter of a corporation includes the customers and service providers they work with," said Jack Hakim, EC Wise CEO. "The FICO score for cyber risk is a great complement to other cyber-assessment and mitigation products and services in our portfolio. In the industries where we are most active, including casinos, hotel and hospitality, and public safety, the visibility into the risks of partner connectivity that the FICO Enterprise Security Score provides will yield significant value."

The FICO® Enterprise Security Score provides an easy-to-understand metric that facilitates empirically informed board-level risk assessment, third-party vendor management, and cyber breach insurance underwriting. Along with a score, the product provides current threat profile characteristics and granular insights into potential security issues to facilitate security posture remediation and continuous improvement processes. It does so by leveraging both quantitative and qualitative insights to assess and understand the risk of an organization's network assets.

The score helps organizations manage cyber-risks from vendors, business partners and other third parties. With that insight, EC Wise can provide the automated tool chains and services necessary to mitigate risks for insurance underwriting and portfolio management.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 170 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time. Learn more at http://www.fico.com.

About EC Wise

EC Wise Inc. is an international secure platform and systems developer utilizing automation and best of breed tools and tool chains to provide cyber assessment, mitigation strategy and solutions as well as IT Security, Services, and Analytics. Headquartered in San Rafael, CA, with offices in China and Peru, EC Wise offers services that enable its clients to assess needs, efficiently plan, design, and implement highly secure information platforms, products, networks and systems compliant with national and international standards. Founded in 1998 by Jack Hakim, EC Wise has grown to an efficient and measured global technology and security firm focused on developing, deploying and operating affordable secure systems for highly regulated markets (e.g., Government, Health Care, Finance, Military). EC Wise services include product implementation and integration, analytics, software development, and design/ implementation of layered security strategies. https://www.ecwise.com/

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fico-and-ec-wise-announce-partnership-for-streamlining-cybersecurity-risk-assessment-and-mitigation-300406219.html

SOURCE FICO

Media: Greg Jawski, Porter Novelli for FICO, +1 212-601-8248, greg.jawski@porternovelli.com; Investors/Analysts: Steven Weber, FICO, +1 800-213-5542, investor@fico.com