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1. Business Wire News Releases
CANADIAN CENTRE FOR CYBER SECURITY AND SECURITYSCORECARD ESTABLISH PARTNERSHIP
TO STRENGTHEN CYBER RESILIENCE AND SECURE CRITICAL INFRASTRUCTURE
Author of the article:
Business Wire
Published Jan 11, 2024 • 3 minute read
Join the conversation
Business Wire Business Wire
ARTICLE CONTENT
Cyber Centre pioneers real-time visibility of national critical infrastructure
using nationwide implementation of security ratings, credit scores of the
digital world
NEW YORK — SecurityScorecard, the global leader in security ratings, today
announced a partnership with the Canadian Centre for Cyber Security (the Cyber
Centre). SecurityScorecard is delivering security ratings with continuous
real-time monitoring to manage cyber risk across Canada’s critical
infrastructure.
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Article content
Article content
The Cyber Centre now has access to SecurityScorecard’s industry-leading security
ratings platform to provide actionable insights on evolving cybersecurity
threats facing critical infrastructure. Under this partnership,
SecurityScorecard will enable the Cyber Centre to educate critical
infrastructure owner-operators on the risks facing their organizations,
assisting them to remediate and measure cybersecurity risk in real-time.
Sachin Bansal, Chief Business Officer, SecurityScorecard, said:
“Canada is a leading cybersecurity innovator creating a more collaborative and
resilient digital ecosystem. SecurityScorecard is honored to partner with the
Cyber Centre in safeguarding the critical infrastructure Canadian citizens rely
on every day. This partnership serves as a model for other governments to
collaborate with the private sector to achieve real-time visibility into the
cyber threats facing critical infrastructure. I applaud the Cyber Centre for
being nimble and taking bold action to establish a new standard in trust and
transparency.”
Critical infrastructure faces rising threats and increased exposure to breaches
Cyber incidents impacting critical infrastructure, once comparatively rare, have
become much more common in recent years. According to the Cyber Centre’s
National Cyber Threat Assessment 2023-2024 report, critical infrastructure is
increasingly at risk:
“Cybercriminals exploit critical infrastructure because downtime can be harmful
to their industrial processes and the customers they serve. State-sponsored
actors target critical infrastructure to collect information through espionage,
to pre-position in case of future hostilities, and as a form of power projection
and intimidation.”
By using SecurityScorecard, the Cyber Centre has a simple way to instantly
measure and quantify the cyber risk of any critical infrastructure entity with
an “A” through “F” letter-grade rating system using continuously monitored
threat intelligence data. This information is for the use of critical
infrastructure operators and the Cyber Centre and will not be made public.
Sami Khoury, Head of the Canadian Centre for Cyber Security, added:
“We have comprehensive data on government systems, but our visibility into
emerging threats to critical infrastructure has been limited historically – and
that’s precisely where the greatest risks lie. According to the World Economic
Forum, critical infrastructure remains the prime target for threat actors. Our
partnership with SecurityScorecard provides us with authoritative and trusted
data on critical infrastructure and insight to manage such risk at scale. We are
committed to increasing the confidence of Canadians in the critical systems they
rely on daily, offering support to critical infrastructure networks and other
systems of importance to Canada. This will help the Cyber Centre ensure we can
provide tailored support to critical infrastructure owner-operators vital to the
security of the Canadian economy.”
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Article content
About the Canadian Centre for Cyber Security
The Cyber Centre is the single unified source of expert advice, guidance,
services, and support on cyber security for Canadians. It provides advanced
technical capabilities to detect and respond to cyber incidents, advises public
and private sector organizations in Canada to deal with evolving cybersecurity
risks, and works collaboratively with critical infrastructure owners and
regulators to improve resilience and reduce systemic risk.
About SecurityScorecard
Funded by world-class investors, including Evolution Equity Partners, Silver
Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others,
SecurityScorecard is the global leader in cybersecurity ratings, response, and
resilience, 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 security ratings technology is used by
over 25,000 organizations for enterprise risk management, third-party risk
management, board reporting, due diligence, cyber insurance underwriting, and
regulatory oversight.
SecurityScorecard makes the world safer by transforming how companies
understand, improve, and communicate cybersecurity risk to their boards,
employees, and vendors. SecurityScorecard achieved the Federal Risk and
Authorization Management Program (FedRAMP) Ready designation, highlighting the
company’s robust security standards to protect customer information, and is
listed as a free cyber tool and service by the U.S. Cybersecurity &
Infrastructure Security Agency (CISA). Every organization has the universal
right to its trusted and transparent Instant SecurityScorecard rating. For more
information, visit securityscorecard.com or connect with us on LinkedIn.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20240111432406/en/
Contacts
Ashley Nakano
SecurityScorecard
securityscorecard@10fold.com
#distro
Article content
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