Our goal is to provide transparency into our ratings methodology and deliver insights into how it aligns with industry standards.
Security rating companies use a combination of data points collected organically or purchased from public and private sources, and then apply proprietary algorithms to articulate an organization’s security effectiveness into a quantifiable score. Here we show the quality, breadth, and measurements of our data and its sources.
Learn more about these principles adopted by the US Chamber of Commerce and supported by organizations across the globe as guidelines for fair and accurate security ratings.
With over 1 million companies scored, the depth and scope of our collected data is unmatched, and our ability to validate our data increases with every new customer and follower.
These numbers are updated in real time, and illustrate the expansive reach of our scoring and monitoring.
According to the principle, dispute, correction and appeal, rated organizations shall have the right to challenge their rating and provide corrected or clarifying data.
Companies can dispute any finding associated with their company score using one of three resolution types:
Here we show you our daily log of disputes submitted by companies rated in our platform
Disputes - number of submitted disputes.
Compensating Controls - number of users specifying a compensating control.
Resolved - number of successful security issues we have confirmed are resolved by our customers, making them more secure.
To provide the most accurate scores available, we continuously review and validate disputes with an average resolution time of 48 hours.
Our customers have access to the greatest volume and quality of intelligence available.
SecurityScorecard leverages data mined with the market’s leading capabilities, and relies on a global network of sensors to monitor signals across the internet.
We enrich our data using commercial and open-source intelligence sources, and track over 80 security issues. See a sample set here.
SecurityScorecard’s scoring algorithm is based on a principled statistical framework.
One of the biggest challenges to providing fair cybersecurity ratings is properly accounting for company size. Attack surface typically scales with digital footprint, which ranges from a single IP for a small company to hundreds of millions of IPs for a large tech firm. To level the playing field, SecurityScorecard measures how the incidence of cybersecurity flaws (i.e. number of issue findings) varies with company size, and evaluates companies compared to organizations of similar size.
Companies that use SecurityScorecard to engage their supply chain see a quantifiable improvement in their ecosystem security posture.
This chart shows that rated companies who engaged with their scorecard achieved, on average, a 4-point improvement in security posture over a 3-month period, while the average score of non-engaged companies remained unchanged over the period.
SecurityScorecard grades the cybersecurity health of organizations based on the information collected by ThreatMarket, our proprietary data engine, as well as our own internal collection activities. Threatmarket collects information from several sources like data feeds, sensors, honeypots, and sinkholes. Both methods collect data that is externally accessible and public, meaning no intrusive techniques are used to gather the information. This comprehensive swath of data is then analyzed and appropriately weighted by considering factors such as the severity of the issues, the risk level as defined by industry standards, the overall performance of similar companies, and so on.
SecurityScorecard’s approach is to actively communicate substantive platform changes to customers using the appropriate methods of communication based on the update. This may include, for example:
SecurityScorecard’s ratings are fully independent and free of any commercial bias. To facilitate a fair, consistent and meaningful evaluation of cybersecurity risk, SecurityScorecard uses robust statistical methods to evaluate the security posture of a company compared to others of similar size. SecurityScorecard determines a company’s size by the number of digital assets assigned to the company. Aligning ratings for every company based on size ensures that companies are compared apples-to-apples, and that commercial agreements with SecurityScorecard do not influence ratings.
SecurityScorecard provides the ability for any rated company to view their company’s scorecard. A companion article titled SecurityScorecard on the Principles for Fair & Accurate Security Ratings: A Focus on Dispute, Correction, and Appeal provides additional detail on the topic of how a company can challenge a rating.
Confidentiality: All information disclosed during a rating challenge or dispute is protected according to Confidentiality terms documented in the SecurityScorecard Master Service Agreement.
SecurityScorecard is committed to providing ratings for companies that is based solely on publicly and ethically sourced data. In principle, the rating data provided by SecurityScorecard is already in the public domain. Security Scorecard recognizes the sensitivity of the data represented in our rating system and works diligently to protected sensitive data from public disclosure. Efforts to protect information include information security controls within the platform and SecurityScorecard such as but not limited to role-based access.
SecurityScorecard data is only available to users that have properly registered for our vendor risk management service. Any user that wishes to view the scorecard for their own company must go through a formal user onboarding process that ensures the user is an employee of the company they claim to represent. In addition, companies that license the service must adhere to contractual obligations that dictate the use of ratings they access with respect to their vendors, to ensure the information is not used to compromise the systems of another third party.
Analysts are increasingly making the case for investment in security ratings services for a variety of applications. Download this bundle of analyst reports to gain new insight into what security ratings can do for your organization today, and why SecurityScorecard's offering leads the pack.Download