SecurityScorecard Expands from Security Ratings to Supply Chain Detection and Response

October 08, 2024 at 09:00 AM EDT

Company builds on security ratings leadership to turn vendor risk managers into supply chain incident responders

SecurityScorecard announced its transformation from a pure-play security ratings leader to the pioneer of a new category called Supply Chain Detection and Response (SCDR). The company’s shift to SCDR reflects the evolving needs of cybersecurity practitioners and the growing threat emanating from third-party and extended ecosystem business partners.

Jason Thompson, Chief Marketing and Strategy Officer, SecurityScorecard, said:

“One year ago we launched MAX as the first SCDR solution on the market. Legacy security ratings vendors dump mountains of data on customers, but without context and tooling specifically designed to enable collaboration with their business partners, security teams have struggled to protect their businesses from supply chain incidents. With SCDR, security teams gain access to precise issue-level data and robust response capabilities that reduce cyber risk in their supply chain while eliminating friction in their vendor management processes.”

SCDR drives critical issue identification, vendor responsiveness, and time to incident resolution including:

Detection and remediation of zero-day vulnerabilities and active infections in the supply chain in as little as 48 hours
A streamlined vendor collaboration process that reduces issue resolution time by 90%
A 75% reduction in third-party sourced breaches as a result of improved cybersecurity postures in the supply chain

Kevin Scribner, Director of Technology Risk Management, McDonald’s, said:

“SecurityScorecard MAX bolsters our third-party cybersecurity posture quickly and efficiently through proactive, real-time risk monitoring and remediation. With MAX, we unlock the ability to identify a wide range of cybersecurity concerns across our global vendor landscape and partner with those vendors to respond to and eliminate threats in our supply chain.”

With its new SCDR offerings, SecurityScorecard is committed to delivering flexible solutions that meet customers where they are in their cybersecurity maturity journey. Whether they prefer an intuitive, self-managed product, a co-managed solution, or a fully managed service delivered by SecurityScorecard experts or through the MAX partner network, delivery options are available to fit every business model.

SecurityScorecard’s vision for the future is clear - to transform the way organizations address and respond to incidents in their supply chains. The market response for MAX has been overwhelmingly positive, with customers achieving quantifiable results in eliminating cyber incidents from their ecosystem.

Over the past year, SecurityScorecard has evolved its entire platform into a full detection and response solution. The company is uniquely positioned to lead the SCDR category.

SecurityScorecard independently collects, curates, and enriches 99% of its data, enabling the fastest activation of threat intelligence.
The acquisition of LIFARs, a cyber resiliency firm, allowed SecurityScorecard to develop a proprietary approach to supply chain incident response.
Any organization can manage its attack surface for free using SecurityScorecard, creating an environment for organizations to work with suppliers on issue resolution.

Dr. Aleksandr Yampolskiy, CEO and Co-Founder, SecurityScorecard, said: “SecurityScorecard’s future builds on our heritage as the security ratings leader with a focus on helping our customers identify critical issues, remove friction with vendor collaboration, and reduce the time it takes to resolve those issues. Together, we’re empowering organizations to stay ahead of emerging threats, be better equipped to respond to incidents when they occur, and build a more resilient supply chain."

With the launch of SCDR, SecurityScorecard continues to push the boundaries of innovation in cybersecurity, ensuring organizations are better equipped to manage supply chain risks, strengthen vendor collaboration, and accelerate issue resolution.

Additional resources

Learn more about Supply Chain Detection and Response.
SecurityScorecard was named a Leader in the Forrester Wave.

About SecurityScorecard

Funded by world-class investors, including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings and the pioneer of supply chain detection and response (SCDR) solutions.

Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

SecurityScorecard achieved the Federal Risk and Authorization Management Program (FedRAMP) Ready designation, highlighting the company’s robust security standards to protect customer information, and is listed as a free cyber tool and service by the U.S. Cybersecurity & Infrastructure Security Agency (CISA). Every organization has the universal right to its trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.