Grip Security, the leader in SaaS identity risk management, and Security Scorecard, the global leader in cybersecurity ratings, announced a strategic partnership introducing a revolutionary approach to managing SaaS security risks. This collaboration offers the industry’s first combined risk ratings for both SaaS vendor risk and enterprise identity risks, setting a new standard in cybersecurity. This collaboration marks a significant milestone in the cybersecurity industry, combining the strengths of two industry leaders to offer one of the most complete views of SaaS risks in an enterprise.
The partnership between Grip Security and SecurityScorecard brings together two industry leaders to offer a unique value proposition: the industry’s first combined risk ratings for SaaS vendor risk and enterprise identity risks. This integration provides organizations with:
- Comprehensive Risk Assessment: For the first time, organizations can assess the risks of SaaS vendors and the enterprise identity risk factors, such as the number of users, growth in usage, and SaaS-to-SaaS connections. This holistic view empowers organizations to make more informed decisions and manage risks more effectively.
- Measure Vendor Risk for Shadow SaaS: Enterprises can now monitor shadow SaaS risks by leveraging Grip for discovery and onboarding and SecurityScorecard’s comprehensive vendor risk ratings to monitor and rate the cybersecurity posture of these previously unmanaged applications. This ensures that there are no blind spots in an organization’s SaaS security landscape.
- Measure Identity Risks for Managed SaaS: Security teams can measure SaaS identity risk factors and assess the efficacy of their SaaS security programs. The insights can also accelerate programs such as single sign-on (SSO) everywhere and assess supply chain risks.
- Proactive Risk Management: With combined risk ratings, organizations can continuously monitor and enhance their security posture. The real-time insights from SecurityScorecard and proactive SaaS risk management workflows from Grip Security enable businesses to stay ahead of emerging threats and ensure the integrity of their SaaS environments.
“SecurityScorecard has the world’s largest risk and threat intelligence dataset, and they are an ideal partner for Grip Security,” said Lior Yaari, chief executive officer and co-founder at Grip Security. “The two companies share the common vision of enabling the modern organization to use any SaaS their employees choose rather than constraining their productivity by centrally dictating the applications they can use.”
“Communicating cyber risk to executives is security’s perennial challenge that SecurityScorecard solves. Our new partnership with Grip Security provides ongoing telemetry about the security posture of Gen AI and other SaaS applications. We continue to deliver on our vision of holistically measuring and resolving cyber risk across the digital ecosystem,” said Sachin Bansal, president of SecurityScorecard.
SOURCE: GlobeNewswire