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SecurityScorecard

SecurityScorecard

Cybersecurity ratings and risk management platform

About

SecurityScorecard provides a security ratings platform designed to help businesses assess and improve their cybersecurity posture. The platform uses AI-driven analytics to identify and prioritize potential security threats, enabling clients to manage third-party cyber risks and comply with relevant regulations. Unlike many competitors, SecurityScorecard offers a unified view of threat and risk intelligence, allowing organizations to understand their vulnerabilities from an attacker's perspective. The company aims to create a safer world by making security ratings accessible to all organizations, emphasizing transparency in its methodologies and services.

Company Stage

Series E

Employees

501-1,000

Industries

Cybersecurity, Data & Analytics

Total Funding

$292.2M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • Being recognized as a leader in The Forrester WaveTM: Cybersecurity Risk Ratings Platforms, Q2 2024, enhances the company's credibility and market position.
  • The introduction of HEID AI, which significantly improves breach prediction accuracy, positions SecurityScorecard as an innovator in the cybersecurity space.
  • Winning multiple Global InfoSec Awards during the RSA Conference 2024 highlights the company's innovative and forward-thinking cybersecurity solutions.

What critics are saying

  • The legal dispute with Safe Security over alleged misappropriation of trade secrets could lead to financial and reputational damage.
  • The high concentration of cyber risk in a few vendors, as highlighted in their own research, poses a systemic risk that could impact SecurityScorecard's clients and, by extension, its own business.

What makes SecurityScorecard unique

  • SecurityScorecard's AI-driven analytics and breach prediction capabilities, such as HEID AI, offer an 80% increase in breach prediction accuracy, setting a new industry standard.
  • The company's commitment to transparency and making security ratings accessible to all organizations, regardless of customer status, distinguishes it from competitors.
  • SecurityScorecard's comprehensive approach, including cyber insurance and due diligence services, provides a unified view of threat and risk intelligence, unlike competitors who may focus on narrower aspects of cybersecurity.

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

1%

2 year growth

0%

Benefits

Health benefits

Education stipend

Unlimited PTO

Parental leave

401K

Stock options

Referral bonuses

Remote work available

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