FICO, Chamber of Commerce release tool to score businesses on cybersecurity

FICO and the U.S. Chamber of Commerce released a new tool Thursday to score how strong businesses' protections are when it comes to cybersecurity. The tool, called the Assessment of Business Cybersecurity (ABC), uses an algorithm known as the FICO Cyber Risk Score to determine how secure a business or business sector is. The algorithm considers factors like the health of a company’s network infrastructure and the scope of their internet-exposed systems to reach a score, similar to a credit score. “Businesses are on the front line of cybersecurity threats. Their risk impacts our economy’s health and our national security,” Christopher D. Roberti, senior vice president for cyber intelligence and security policy for U.S. Chamber of Commerce, said in a statement.