Academy | Third Party Risk Management Software | RiskRecon

RiskRecon Rating Correlation to Data Breach Event Frequency

Written by RiskRecon | Feb 16, 2021 12:00:00 PM

The RiskRecon cybersecurity risk ratings platform enables professionals to confidently make risk decisions rapidly, providing ratings that assess real-world cybersecurity risk management quality. The ratings model founded on RiskRecon’s unique ability to automatically risk prioritize issues based on issue severity and the value at risk of the system in which each issue exists. This yields a risk-responsive model that provides you useful ratings and actionable insights that pinpoint risk in your ecosystem.

RiskRecon rates the quality of an organization’s cybersecurity risk performance using an A – F labeled scale and 0.0 – 10 numeric scale. The rating is based on the rates and risk priority of issues present in the environment as observed by RiskRecon’s passive risk assessment algorithms. This paper explains RiskRecon’s A – F / 0.0 – 10 rating scale. A full explanation of RiskRecon’s assessment and rating methodology is available for download at https://www.riskrecon.com/cybersecurity-risk-rating-model.