— Through the partnership, EC Wise will incorporate the FICO® Enterprise Security Score into its EC:Secure portfolio of products and services, which enable clients to accurately assess cybersecurity risk within their own organisation, as well as any organisation they wish to work with.

“Executive leaders need a trusted benchmark to help them gauge cybersecurity risk as well as the performance of their cybersecurity investments,” said Doug Clare, vice president of cybersecurity solutions at FICO. “With EC:Secure, EC Wise has assembled an impressive assortment of policy, process and posture assessment tools, along with the workflow components, that enable the solution to be greater than the sum of its parts. Our cybersecurity score will make it an even more powerful solution.”

“Today the perimeter of a corporation includes the customers and service providers they work with,” said Jack Hakim, EC Wise CEO. “The FICO score for cyber risk is a great complement to other cyber-assessment and mitigation products and services in our portfolio. In the industries where we are most active, including casinos, hotel and hospitality, and public safety, the visibility into the risks of partner connectivity that the FICO Enterprise Security Score provides will yield significant value.”

The FICO® Enterprise Security Score provides an easy-to-understand metric that facilitates empirically informed board-level risk assessment, third-party vendor management, and cyber breach insurance underwriting. Along with a score, the product provides current threat profile characteristics and granular insights into potential security issues to facilitate security posture remediation and continuous improvement processes. It does so by leveraging both quantitative and qualitative insights to assess and understand the risk of an organisation’s network assets.

The score helps organisations manage cyber-risks from vendors, business partners and other third parties. With that insight, EC Wise can provide the automated tool chains and services necessary to mitigate risks for insurance underwriting and portfolio management.