Assessment of Business Cyber Risk Shows Slight Improvement in National Risk Score and Highlights Need for Third-Party Risk Management

WASHINGTON, Aug. 19, 2019 /PRNewswire/ — The Q2 Assessment of Business Cyber Risk (ABC) report released today by the U.S. Chamber of Commerce and FICO recorded a National Risk Score of 688, a slight improvement over the previous quarter’s score of 687. While these scores reveal the nation’s cybersecurity risk was virtually unchanged, FICO and the Chamber urge businesses to do more to measure and manage risk posed by third parties. “For years, the Chamber has urged organizations to adopt internet security fundamentals, including using the NIST Cybersecurity Framework for enterprise risk management,” said Christopher D. Roberti, senior vice president for cyber, intelligence, and security policy at the Chamber.

source https://finance.yahoo.com/news/assessment-business-cyber-risk-shows-123000465.html?.tsrc=rss

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