FICO and Whistic Announce Cyber Risk Partnership
The FICO® Cyber Risk Score is an empirical score that relies on a comprehensive and diverse set of cyber security data signals, to quickly determine the risk profile of any organization. These insights outline key risk indicators, including the health of IT systems, network infrastructure and software and services. This information is used to fine-tune the machine learning model that produces a risk score that forecasts the likelihood of a future breach event for a given company or its third-party vendors.
"FICO's Cyber Risk Score provides the only predictive measurement of cyber risk in the security rating market, helping risk managers be proactive in assessment as well as health of their vendor ecosystem," said
Whistic is the single source of trust for buyers and sellers, helping both buyers, who need to assess vendors, and sellers who need to establish trust. Organizations leverage Whistic to reduce the reactive, spreadsheet-and-email-based vendor assessment process and enhance it with a proactive, on-demand approach. Whistic vendor profiles display information proactively published by vendors, and are supplemented by additional intelligence through integration with some of the world's most respected sources of security and privacy information.
"We are very excited to partner with FICO in order to provide customers with the ability to predict breach events and take proactive measures to protect their organization. This complete and validated picture of overall security and risk of third-party vendors is an offering that is very different from what you currently see in the market." said Whistic CEO
This partnership benefits both companies assessing prospective vendors, as well as vendors seeking to establish trust with prospective buyers. To learn more about the combined capabilities delivered by this partnership, visit: https://www.whistic.com/partners.
To learn more about the FICO® Cyber Risk Score, visit https://www.fico.com/en/products/cyber-risk-score.
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Greg Jawski, Porter Novelli for FICO, +1 212-601-8248, firstname.lastname@example.org