SecurityScorecard | April 27, 2022
SecurityScorecard, the global leader in cybersecurity ratings, today introduced its Cyber Risk Quantification (CRQ) capabilities that will enable customers to understand cyber risk in financial terms, enabling organizations to bring cyber risk into holistic business risk analysis, and assisting organizations in a cost-benefit analysis of cyber investment options. SecurityScorecard's CRQ capabilities help customers understand the financial impact of a cyber-attack, gain insight into the probability of incidents over time and quantify the reduction in expected losses if issues are resolved. The SecurityScorecard CRQ capabilities will be included in the company's risk intelligence platform, the industry's first holistic offering that proactively protects organizations from every angle.
"Executives and boards of directors lack the ability to connect cybersecurity budgets to business outcomes, hindering the CISO's ability to justify their cybersecurity budgets. By grounding risk quantification in SecurityScorecard's expansive data, we are bringing cyber security to the forefront of daily decision making. Our goal is to help our customers make informed decisions on how to raise the bar on their cybersecurity defenses with optimized investments, and we will continue to partner with leading CRQ thought leaders to provide the options they are looking for."
Prashant Pai, Senior Vice President and General Manager Strategic Initiatives, SecurityScorecard
To deliver the combined insights of SecurityScorecard's cybersecurity ratings data and leading risk models, SecurityScorecard is partnering with a number of leading CRQ thought leaders and developers including ThreatConnect, and RiskLens, which created Factor Analysis of Information Risk (FAIR™). With multiple views of risk available through the lens of different CRQ frameworks, risk managers can determine which framework is the best fit for their business.
With cyber risks becoming increasingly prevalent, boards of directors and executives need to evaluate those risks and become more involved with cybersecurity. Effectively reporting to the board is a key component of every security leader's job.
According to Gartner® The 2022 Board of Directors Survey, 88% of respondents viewed cybersecurity as a business risk, while 72% stated they are focused on aligning risk, strategy and performance to drive business resilience.1
"The CRQ integration between RiskLens and SecurityScorecard will finally give organizations of all sizes what they need to effectively understand and manage cyber risk: an automated, 'dollars and cents' view of cyber risk," said Nick Sanna, CEO, RiskLens. "Based on the FAIR cyber risk quantification standard, on industry benchmark data and on their SecurityScorecard security rating, organizations can now make risk-informed business decisions."
"ThreatConnect is excited to partner with SecurityScorecard as the combination of their external cybersecurity risk posture and the power of ThreatConnect Risk Quantifier (RQ) connects the outside and inside views for an organization, giving them a 360 degree perspective of the risk to their organizations," said Jerry Caponera, Vice President of Cyber Risk Strategy for ThreatConnect. "Applying ThreatConnect's statistical and machine learning algorithms to the SecurityScorecard data enables customers to easily visualize their risk and, more importantly, prioritize which factors should be improved based on financial risk reductions."
SecurityScorecard's CRQ portfolio enables executives, CISOs and risk managers to obtain a comprehensive view of their cyber risk that enables them to define cyber risk in a universally understood metric and embed those insights into decisions across the organization.
SecurityScorecard's CRQ capabilities also offer:
Scalable risk quantification methodology - With continuous monitoring of over 12 million companies, SecurityScorecard grounds its analysis in a consistent cybersecurity data-driven approach to deliver a real-time view of risk.
Contextualized view of cyber risk - SecurityScorecard directly ties financial impact to the security issues that drive losses.
Multiple risk quantification frameworks– Multiple risk frameworks are integrated into the CRQ capabilities to ease the evaluation and implementation of CRQ.
Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base.
Guidepost Solutions LLC | March 29, 2022
Guidepost Solutions LLC, a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, announced that it has acquired a significant equity stake in Truvantis, Inc., a cybersecurity company formed in 2010. Truvantis provides best-in-class cyber and privacy services to secure infrastructure, data, operations, and products. This strategic partnership allows both Guidepost and Truvantis to offer a wide-ranging suite of cybersecurity solutions and consulting services, at a time when cybersecurity risks are evolving and affecting all business operations.
Truvantis is led by its founder and CEO, Andy Cottrell. With more than 25 years of experience in IT and cybersecurity, Cottrell has designed and implemented security solutions, launched innovative security products to market, and helped countless small and large companies improve their security posture.
“I am pleased to announce this partnership with Truvantis, as part of our firm’s continued efforts to grow its capabilities and footprint in the cybersecurity arena. We are committed to providing our clients with unique solutions to defend against one of the greatest risks facing their companies – cyber threats. This partnership significantly expands our ability to fulfill that commitment.”
Julie Myers Wood, Guidepost Solutions CEO
This new alliance enables clients to leverage comprehensive threat, risk, vulnerability management, privacy, and assessment services to protect against a full spectrum of cyber and physical security issues and address a variety of regulatory and business-critical requirements. Today’s companies are faced with an increasing number of requests for independent verification of their cybersecurity and privacy policies and practices. Whether it’s an assessment against a security framework like the NIST CSF, ISO 27001, or CIS Controls, addressing compliance with privacy laws and requirements like the PCI DSS, or preparing for a SOC2 or HITRUST audit, companies are seeking help from highly qualified, credentialed consultants who can help address these complex cybersecurity and privacy challenges. The Guidepost/Truvantis team will afford clients a depth of expertise as well as a breadth of services to address a broad range of risk mitigation needs.
“Guidepost Solutions is a leader in investigations, compliance, and physical security consulting and we’re excited to bring these capabilities to our clients to provide comprehensive risk management solutions,” said Andy Cottrell, CEO, Truvantis. “As the market continues to evolve toward consolidated physical, personnel, and cybersecurity management, this partnership enables us to provide the most comprehensive solutions in the market.”
Through this investment and partnership, Guidepost Solutions and Truvantis are positioned to enhance cyber and physical security defenses for clients and provide resiliency for their critical systems. Specific security services include risk assessments, security testing, cyber investigations, cybersecurity governance, data protection, privacy consulting, operational security design and project management, vCISO, and remediation services.
About Guidepost Solutions LLC
Guidepost Solutions is a leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting. We work wherever your needs take us – whether on the ground around the globe – or from one of our offices located in Bogotá, Boston, Chicago, Dallas, Honolulu, London, Los Angeles, Miami, New York, Palm Beach, Philadelphia, Phoenix, San Francisco, Seattle, Singapore, Walnut Creek, and Washington, DC.
About Truvantis Inc.
Truvantis® is a cybersecurity consulting organization providing best-in-class privacy and cybersecurity services to secure your organization’s infrastructure, data, operations, and products. We specialize in helping our customers improve their cybersecurity posture by implementing, testing, auditing, and operating information security programs.
AI Spera | April 12, 2022
AI Spera announced Criminal IP, a new cybersecurity platform, today. Criminal IP is a total Cyber Threat Intelligence (CTI) search engine intended to identify potential vulnerabilities that threatening companies or individuals' IT assets. It also offers a new way to manage them comprehensively by allowing users to find results for malicious IP address, malicious domains, phishing sites, forged certificates, all IT assets, and other security related information immediately.
The company has been recruiting beta service testers and plans to operate beta service for three months from April 28. Testers pre-registering for beta service will be given a three-month free license and if testers participate in the service survey, they can receive an additional one-month free license as a reward.
Criminal IP visualizes all IT assets connected to the Internet based on IP addresses held by companies and individuals. This allows users to see the details of their assets at a glance, from DB servers, files servers, middleware servers, administrator servers as well malicious sites, and easily spot the assets exposed to the attack surface.
The solution also provides all possible information about domains in real time, including network logs, used programming technologies and security-related information, without having to directly access websites. Analyzing this information with AI/Machine learning technology, it shows an overall score of the domain and DGA (Domain Generation Algorithm) score in five stages (Critical, Dangerous, Moderate, Low, Safe) allowing users to determine and respond to threats.
Users can prevent security problems in advance by searching for vulnerabilities in IT assets and identifying cyber attackers' attack points for attack surface management purposes through Criminal IP data. In addition, everything that has happened to a particular IP address can be recorded like a criminal record to track malicious behavior of an IP address.
"Above all, this platform is the ultimate comprehensive solution that maximizes user's convenience by providing all CTI information distributed by different solutions in one place. In hopes that Criminal IP can be used in a variety of areas to defend against evolving cyber threats, including education and research, corporate security teams, white hackers, state agencies, and cybercrime investigations, we decided to operate free beta services to receive feedback on product improvement."
Byungtak Kang, CEO at AI Spera
Features and benefits of Criminal IP include:
providing a wide range of cyber threat information, including malicious IPs, C&C domains, various domain information, threat intelligence images and CVEs, which map IP& Domain scoring algorithms and various threat information based on big data on 4.2 billion IP addresses and billions of domain addresses worldwide
analyzing all possible details about domains including screenshots, domain category, whois information, used technologies, connected IP addresses, page redirections, certificates, network logs, cookies as well as interesting security-oriented features like possible malicious contents and replicated phishing domains with overall score of the domain and DGA (Domain Generation Algorithm) score
searching and updating global IP addresses and domains in 24/7 to extract applications and services in use, and provide information on security vulnerabilities of IT assets to enable real-time automatic attack surface management
offering straightforward search result based on a wide range of specific search filters so that users can conveniently access the right information they need
About AI Spera
AI Spera is a fast-growing company in the field of cyber threat intelligence. Based on AI and Machine Learning technology, the company focuses on detection of anomalies and data-oriented security solutions. The company supports as many corporates, security developers and researchers as possible to view the attack surface through the eyes of an attacker and provide various AI-based intelligence security solutions across industries including online games, financial, security and national institutions.
HITRUST | December 18, 2021
HITRUST today announced it is addressing the need for a continuously-relevant cybersecurity assessment that aligns and incorporates best practices and leverages the latest threat intelligence to maintain applicability with information security risks and emerging cyber threats, such as ransomware. The design and selection of the controls for the HITRUST Implemented 1-year (i1) Assessment puts it in a new class of information security assessment that is threat-adaptive – designed to maintain relevance over time as threats evolve and new risks emerge, while retiring controls no longer deemed material.
Most existing assessment approaches are not designed to keep pace with current and emerging threats; those that do, rely heavily on broad control requirements that raise questions about suitability of control and consistency of review that ultimately impact reliability of results. In contrast, HITRUST identifies information security controls relevant to mitigating known risks and leverages cyber threat intelligence data to influence the selection – and where necessary, updating – of technically-focused HITRUST CSF requirements included in the HITRUST i1 Assessment. As a result, the HITRUST i1 Assessment includes controls selected to address emerging cyber threats active today.
“The HITRUST i1 Assessment is unique in both selection of controls and the design of its assurance program. Effort towards completion is comparable to other moderate assurance vehicles while delivering a higher level of reliability,”
Jeremy Huval, HITRUST Chief Innovation Officer
The HITRUST i1 Assessment is the first information security assessment of its kind with attributes not available through other assurance programs:
Designed to maintain relevant control requirements to mitigate existing and emerging threats and provide updates as new threats are identified (It is threat-adaptive, prescriptive, and focused on controls relevant to risk)
Designed to sunset controls that have lost relevance and have limited assurance value based on effort required to comply or assess
Its unique controls selection and assurance program design deliver a higher level of reliability than other moderate assurance options
The level of time and effort to complete is comparable to other moderate assurance options in the market
Offers a forward-looking, 1-year certification
As the HITRUST i1 was designed around relevant information security risks and emerging cyber threats, it is not surprising it provides coverage for numerous standards, such as NIST 800-171, GLBA Safeguards Rule, HIPAA Security Rule, and Health Industry Cybersecurity Practices (HICP).
HITRUST will evaluate security controls and review threat intelligence data no less than quarterly, and for each subsequent major and minor release of the HITRUST CSF, to ensure the HITRUST i1 Assessment requirement selection remains relevant over time. Guidance documents will also drive enhancements to the HITRUST CSF and HITRUST i1 Assessment control sets as needed. While the HITRUST i1 Assessment is intended to adapt and evolve to maintain relevance, it’s important to note that HITRUST i1 Assessment certified organizations will not be impacted by changes to the HITRUST i1 Assessment control requirements until their next HITRUST assessment cycle.
HITRUST is hosting a webinar at 11 a.m. CT on Thursday, February 3, 2022, to discuss the HITRUST Implemented 1-year (i1) Assessment in more detail. To register, and for more information, click here: Next Generation HITRUST Information Security Assessment Focuses on Continuous Cyber Relevance
Since it was founded in 2007, HITRUST has championed programs that safeguard sensitive information and manage information risk for organizations across all industries and throughout the third-party supply chain. In collaboration with privacy, information security, and risk management leaders from the public and private sectors, HITRUST develops, maintains, and provides broad access to its widely adopted common risk and compliance management frameworks as well as related assessment and assurance methodologies.