SecurityScorecard has recently made headlines with the launch of its new partner-focused managed service, SecurityScorecard MAX™. This new service aims to revolutionize the supply chain cyber risk management market by providing organizations with a comprehensive solution to identify, prioritize, and resolve critical vulnerabilities and issues across their third-party and extended Nth party supply chain ecosystem.
With over a decade of experience in the industry, SecurityScorecard’s MAX has already proven to be a game-changer. Existing accounts are experiencing exponential growth, with demand from new prospects on the rise. The MAX service is designed to take the industry from mere risk identification to actual risk resolution in an all-in-one package, providing organizations with a critical advantage when it comes to addressing zero-day and emerging threats.
Delivered through a partner-focused franchise model, MAX allows SecurityScorecard partners to expand their business by leveraging the MAX engine. Partners provide front-line services to customers and utilize SecurityScorecard experts for tier II support, training, and franchise certification. This formula has proven to be a winning combination, allowing organizations like McDonald’s to swiftly bolster their third-party cybersecurity posture and achieve real-time risk monitoring and remediation.
MAX’s ability to identify and address a wide range of cybersecurity concerns across global vendor landscapes is a significant win for both companies and their vendors. The service has been praised for its impact on improving cybersecurity health across entire ecosystems.
The heart of MAX lies in its technology-enabled approach, which combines SecurityScorecard’s proven platform, threat telemetry, and top-notch experts with partners who are adept at delivering positive cybersecurity outcomes. This approach allows for a more efficient and effective way of reducing critical risk to businesses, especially at a time when the velocity and sophistication of cyber attacks are on the rise.
The collective defense approach offered by MAX is also noteworthy. The service effectively lowers the overall cost of managing vendors and business partners, allowing customers to expand the number of vendors they monitor while reducing risk and ensuring compliance with key regulation mandates. It serves as a virtual risk operations center, eliminating the friction that often prevents parties from resolving critical cybersecurity issues.
One of the distinguishing features of MAX is its ability to resolve supply chain vulnerabilities for the entire ecosystem. The MAX experts work with third parties to validate findings and provide support for resolving issues, ultimately improving the broader ecosystem’s cybersecurity health. This collective approach demonstrates the power of collective defense, as when a critical cybersecurity issue is resolved, it benefits the entire ecosystem.
As the world moves towards a more interconnected digital landscape, services like MAX are essential for organizations seeking to fortify their cybersecurity defenses. MAX is extensible to every solution in the SecurityScorecard platform, providing customers with a comprehensive approach to managing cyber risk.
Furthermore, SecurityScorecard has announced a webinar on February 15, 2024, where they will delve deeper into MAX, exploring how it leverages AI, risk and threat telemetry, and elite cybersecurity experts to enhance the cybersecurity posture of the supply chain.
In conclusion, SecurityScorecard’s MAX comes at a critical time when businesses are facing unprecedented cyber threats. As the global leader in cybersecurity ratings, response, and resilience, SecurityScorecard is poised to make a significant impact in the industry with this new managed service. With a focus on collective defense, technology-enabled solutions, and a proven track record, MAX is set to become a key player in the supply chain cyber risk management market.