180m Series 290msawersventurebeat: To learn about the kind of Internet and software security risks your company is subjected to, you are able to contribute to the Security Scorecard, which offers comprehensive and transparent reports on email and website hacking rates and other indicators. With a database in excess of 1 billion records, the company has been assessing companies’ digital risks since 2007. Its assessment is dependant on real data that arises from sources such as for instance public filings with the U.S. Securities and Exchange Commission and insurance claims from companies such as for instance Allstate and Chubb. The business has raised $180 million in Series E funding, bringing its total since its founding in 2007 to more than $290 million.
SecurityScorecard generates a growing number of customers. Positioned in Washington, DC, the company’s headquarters staff extends beyond internal security professionals to include CIOs, Chief Risk Officers, Chief Information Security Officers and Compliance Officers, among others.
“We’ve found that the greatest barrier to security in general is deficiencies in measurement,” says John Kindervag, vice president and principal analyst at Forrester Research.
Kindervag believes that SecurityScorecard’s biggest challenge in the years ahead is going to be managing its growth. “Not only have you got to cultivate the company, you have to cultivate the four legs of the chair—data, engineering, product, sales and marketing,” he says. “When you’re an exclusive company, you are able to reach within yourself and find those resources. But when you make a lot of money from new investors, it presents different challenges.”
The safety rating is generated using our personal methodology. Company data is made open to customers through its website and through subscription-based messages. “We are able to inform you how your internet site stacks up against other sites and how legitimate your email communications are.”
The business was founded in 2007 by David Callisch and Peter Tran, that are still its CEO and COO. They created SecurityScorecard after seeing a need certainly to provide organizations with an extensive metric of these security strengths and weaknesses. “We felt we’re able to provide customers with data to help them make smarter cybersecurity decisions—not only one metric, nevertheless the big picture of these security posture,” says Callisch.
Since its inception, SecurityScorecard has established itself as a trusted advisor for companies seriously interested in improving their security.
Annually, the company analyzes more than 400 million data records across nine dimensions of digital risk. Including domains, internal email addresses and websites. SecurityScorecard also scores SSL certificates from over 100 providers. The company’s data is obtained from a mix of sources, including public sources—such as for instance SEC filings—in addition to its data that it collects on an ongoing basis.
SecurityScorecard has been around for nine years, but has only recently started expanding its business.