FICO Named Cyber Risk Quantification Category Leader for Second Year Running
More information: https://www.fico.com/en/products/cyber-risk-score
"Cyber risk is a threat to every modern business, and those risks present themselves directly and throughout organizations' extended supply chains," said
The FICO® Cyber Risk Score is the only predictive cyber security assessment with a data-driven, empirical, analytic score, leveraging the latest in AI and machine learning techniques. The score is based on billions of cyber risk indicators that are monitored at Internet scale. It relies on machine learning to interpret the network hygiene practices of thousands of previously breached organizations and form predictors that amplify the signals associated with risk of data loss.
Cyber risk quantification is a vital part of any third-party risk management program, and organizations can apply the FICO® Cyber Risk score to an unlimited number of partners and suppliers, to effectively analyze and control cyber risks presented to their company, data, operations and finances, by organizations other than their own.
Chartis evaluates the landscape for solutions and vendors through the development of its RiskTech Quadrant®, a proprietary methodology developed specifically for the risk technology marketplace. It considers the product and technology capability of vendors, as well as their organizational capabilities. Chartis uses two distinct categories to evaluate vendors. Firstly – 'completeness of offering', which evaluates the breadth and depth of functionality a vendor possesses, along with infrastructure, analytics and reporting capability. Secondly – 'market potential', which evaluates a range of categories such as market penetration, brand reputation, innovation and implementation and support. FICO scored well in both categories, resulting in its category leader position on the quadrant.
FICO is currently offering a free trial of the FICO® Cyber Risk Score - Landscape edition in EMEA. For more information, visit https://www.fico.com/en/cyber-risk-score-offer.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in
RiskTech100®, RiskTech Quadrant®, and FinTech Quadrant™ are Registered Trademarks of
Learn more at https://www.fico.com
FICO is a registered trademark of
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FICO UK PR Team, Wendy Harrison/Parm Heer/Matthew Enderby, firstname.lastname@example.org, 0208 977 9132