New Forrester Wave: Cybersecurity Risk Ratings Platforms – Forrester
Cody Scott, Senior Analyst
Ask a room full of CISOs about cyber risk ratings (CRR) platforms, and you’ll find no shortage of opinion — hot or cold but never indifferent. Like a judges’ panel in a “Top Chef” culinary competition, customers critique missing or poorly planned components of the “dish.” And like the competing chefs, ratings vendors often struggle with editing their dish to provide a unique yet solid “plate” that both appeals and meets the challenge’s intent.
While the CRR market is over a decade old, CRR platforms traditionally lacked key ingredients to satisfy customers’ cravings. The most important one? Trust. Half-baked use cases, poorly articulated scoring recipes, and overcooked security findings made it difficult for customers to enjoy their plate.
Today, the caliber of chefs in the CRR kitchen is improving. Technical challenges with CRR platforms still exist, but vendors are rethinking the ways they deliver, investing more in technical accuracy and efficiency, and expanding their services and support to meet more relevant security and third-party risk demands. Savvy customers look for vendors that:
The CRR kitchen is heating up, and our latest report, The Forrester Wave™: Cybersecurity Risk Ratings Platforms, Q2 2024, is now live. Forrester clients can use this report for more insight on the CRR market and the 10 vendors that matter most, and schedule a guidance session or inquiry with me to learn more!
Stay tuned for updates from the Forrester blogs.
Stay tuned for updates from the Forrester blogs.
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Ask a room full of CISOs about cyber risk ratings (CRR) platforms, and you’ll find no shortage of opinion — hot or cold but never indifferent. Like a judges’ panel in a “Top Chef” culinary competition, customers critique missing or poorly planned components of the “dish.” And like the competing chefs, ratings vendors often struggle with editing their dish to provide a unique yet solid “plate” that both appeals and meets the challenge’s intent.
While the CRR market is over a decade old, CRR platforms traditionally lacked key ingredients to satisfy customers’ cravings. The most important one? Trust. Half-baked use cases, poorly articulated scoring recipes, and overcooked security findings made it difficult for customers to enjoy their plate.
Today, the caliber of chefs in the CRR kitchen is improving. Technical challenges with CRR platforms still exist, but vendors are rethinking the ways they deliver, investing more in technical accuracy and efficiency, and expanding their services and support to meet more relevant security and third-party risk demands. Savvy customers look for vendors that:
The CRR kitchen is heating up, and our latest report, The Forrester Wave™: Cybersecurity Risk Ratings Platforms, Q2 2024, is now live. Forrester clients can use this report for more insight on the CRR market and the 10 vendors that matter most, and schedule a guidance session or inquiry with me to learn more!
Stay tuned for updates from the Forrester blogs.
Stay tuned for updates from the Forrester blogs.
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
