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Introduction

Security risk ratings services provide independently scored assessments an organization’s security infrastructure underpinning online services. Providers make regular assessments of the status and strength of security protection combating risks from the dynamic threat landscape.

Highlights

  • Business drivers link directly to the requirement for security risk ratings services.
  • Security risk ratings services are growing in maturity and attracting strong equity investment.
  • Security risk ratings services can provide value via a range of use cases.

Features and Benefits

  • Analyzes how security risk ratings services can provide value to enterprises and digital service providers.
  • Explains how security risk ratings services are valuable in the context of regulatory compliance.
  • Details a number of use cases in which security risk ratings services are providing value.

Key questions answered

  • What factors are driving increased traction of security risk ratings services?
  • How are security risk ratings services connected to business issues and concerns?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Recommendations

  • Recommendations for enterprises
  • Recommendations for vendors
  • Recommendations for service providers

Business drivers link directly to the requirement for security risk ratings services

  • Defining security risk ratings services
  • Enterprises and digital service providers alike can benefit from security risk ratings services
  • Demonstrably effective security practices are now a critical element of compliance requirements

From a common baseline of functionality, security risk ratings services are growing in maturity

  • The dynamic complexity of protecting enterprise security requires continuous reappraisal
  • Visibility of weaknesses in third parties’ security is now critical to enterprises’ own protection
  • Business users need to understand security issues in a business context

Security risk ratings services can provide value via a range of use cases

  • The compliance and risk status of organizations and their digital supply chains are becoming more important metrics
  • Awareness of issues can be a key capability in the context of cyber insurance costs
  • Advanced management of security issues can avoid damage to organizations’ market valuation and strategic worth

Appendix

  • Methodology
  • Further reading
  • Author

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