Security ratings are an objective, data-driven, quantifiable measurement of an organization's overall cybersecurity performance.
Security ratings are a useful tool in evaluating cyber risk and facilitating collaborative, risk-based conversations.
[3] There are a number of companies that provide security ratings services, including ISS, SecurityScorecard, myCYPR, Panorays, BitSight, FortifyData, RiskRecon, Black Kite and UpGuard.
[4] Given the COVID-19 pandemic that occurred in 2020, many brick and mortar shops that have mainly been exclusively accessible through in-person contact, have been forced to provide their goods and services through a website.
This shift causes a larger need for these services given the increase in possible clients that want to know the safety of their business domain.