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SecurityScorecard and Industry Leaders Deliver Industry-Specific Security Ratings for Telecommunications, Internet Service Providers, and Cloud Providers

SecurityScorecard

SecurityScorecard announced the industry’s first security ratings developed exclusively for telecommunications, internet service providers, and cloud providers. Through close collaboration with industry leaders, SecurityScorecard sets a new standard for cybersecurity across these critical sectors.

Jeff Simon, SVP & Chief Security Officer at T-Mobile, said:
“At T-Mobile, building cybersecurity into everything we do is a critical part of our mission to be the best at keeping customers connected to their world. Security ratings are an essential tool that we and other wireless providers use to help create a safer digital ecosystem for our customers, partners, and beyond. We applaud SecurityScorecard for their proactive efforts to advance security ratings for the telecom industry, and we believe that together, we can set new standards for cybersecurity.”

The universal standard for security ratings

Created in partnership with wireless providers to address industry feedback and requests for a tailored approach for their unique digital ecosystem, innovations include:

  • New industry-specific scoring
    SecurityScorecard’s algorithm now dynamically accounts for the distinctive complexities of specific industries. Through identifying industry-specific factors, such as open DNS resolvers, SecurityScorecard’s evaluation accounts for unique security landscapes and operational practices.

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  • Precision through Network Partitioning
    Wireless providers are challenged with highly complex digital ecosystems because networks are their products. Previously, these companies were evaluated on all assets they owned, such as IPs and domains – even if their customers controlled most of these assets. To solve this, SecurityScorecard now excludes customer assets from their digital assets scored. Customer assets are outside their security policies, operational authority, and control, posing limited risk to these companies.
  • AI automatically detects and categorizes assets leased to third parties
    SecurityScorecard uses proprietary AI models to automatically detect and categorize assets leased to third parties. Organizations can audit the digital footprint detected by SecurityScorecard and understand how various assets impact their overall score. SecurityScorecard conducts regular audits to ensure the categorization of customer assets remains accurate.
  • Positive scoring with user-contributed data
    Any organization can now supplement its security rating with internal data, awarding achievements such as certifications, penetration testing, and cybersecurity training with positive scoring. SecurityScorecard provides a secure repository for certifications such as SOC 2 and ISO 27001 in its Evidence Locker. Once documentation is verified, organizations receive evidence-based score improvements.

Shinichi Yokohama, Chief Information Security Officer at NTT, said:
“SecurityScorecard has been an indispensable partner. The company’s commitment and dedication to understanding the unique challenges faced by the telecom industry will greatly contribute to our cybersecurity strategy. This collaboration will empower us to strengthen our security posture and foster a sense of shared responsibility within the industry.”

SecurityScorecard firmly believes that security ratings are a fundamental right necessary to safeguard society and the economy. Since its founding over ten years ago, SecurityScorecard has upheld an ethos of transparency, fairness, and inclusivity. This commitment is validated by the active participation of over 60,000 organizations on the SecurityScorecard platform.

SOURCE: Businesswire