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FICO and Whistic Announce Cyber Risk Partnership

FICO and Whistic Announce Cyber Risk Partnership

The integrated FICO Cyber Risk Score and Whistic Platform provide unparalleled visibility into cyber risks, enabling rapid, proactive security decisions

FICO, a global analytics leader, and Whistic, a leader in proactive vendor security, announced a partnership to provide enhanced vendor risk management.  Both new and existing customers will benefit from the integrated vendor risk management product offerings that bring together the predictive power of the FICO Cyber Risk Score, with the proactive capabilities of the Whistic Platform.  The partnership enables organizations to increase visibility, pace and efficiency.

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The FICO® Cyber Risk Score is an empirical score that relies on a comprehensive and diverse set of cyber security data signals, to quickly determine the risk profile of any organization. These insights outline key risk indicators, including the health of IT systems, network infrastructure and software and services. This information is used to fine-tune the machine learning model that produces a risk score that forecasts the likelihood of a future breach event for a given company or its third-party vendors.

“FICO’s Cyber Risk Score provides the only predictive measurement of cyber risk in the security rating market, helping risk managers be proactive in assessment as well as health of their vendor ecosystem,” said Manish Karir, vice president of cyber solutions, FICO.  “We are excited to strategically partner with Whistic to deliver a differentiated cyber risk offering for vendor management.”

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Whistic is the single source of trust for buyers and sellers, helping both buyers, who need to assess vendors, and sellers who need to establish trust. Organizations leverage Whistic to reduce the reactive, spreadsheet-and-email-based vendor assessment process and enhance it with a proactive, on-demand approach. Whistic vendor profiles display information proactively published by vendors, and are supplemented by additional intelligence through integration with some of the world’s most respected sources of security and privacy information.

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