SecurityScorecard recognized for rapid revenue growth and cybersecurity innovation

SecurityScorecard today announced it has been named to the annual Inc. 5000, the most distinguished ranking of the fastest-growing private Companies in America. This prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment — independent, entrepreneurial businesses.

SecurityScorecard is the global market leader in Security Ratings, also offering professional services, attack surface management, and automatic vendor detection. With millions of companies scored, its depth of data is unmatched. Used by 70% of Fortune 500 companies, SecurityScorecard provides a standardized measurement for cyber risk, which increases trust between board members, insurers, regulators, and customers. In fact, organizations with an ‘F’ rating are 7.7x more likely to experience a cybersecurity breach.

Cybersecurity ratings will become as universal as credit ratings

“Cybersecurity ratings are becoming as universal as credit ratings for monitoring supply chain risk,” said Dr. Aleksandr Yampolskiy, CEO and co-founder of SecurityScorecard. “Being named to the Inc. 5000 list, while none of our competitors were, demonstrates our leadership position as the trusted, must-have standard for measuring cyber risk.”

With eight straight quarters of revenue growth, SecurityScorecard continues to increase its market share and supports over 3,000 customers globally. This growth is fueled by customer-obsessed innovation, including recent announcements on:

• New Managed Cyber Risk Services: At Black Hat 2023, SecurityScorecard revealed one-of-a-kind Managed Cyber Risk Services designed to help customers of all types and sizes operationalize third-party cyber risk.
• Only Security Ratings Platform with an OpenAI GPT-4 Search System: The company’s innovation incubator developed a natural language processing capability that answers security questions to help customers quickly understand threat exposure.
• First Security Ratings Score Guarantee: Score Guarantee is the industry’s first services-backed security ratings guarantee, highlighting the predictive power of the most accurate and transparent security ratings company.
• Among only ten industry-leading providers partnered with AWS as a Level 1 Managed Security Service Provider (MSSP): Delivered by SecurityScorecard as a fully managed service, customers receive 24/7 security protection and monitoring of essential AWS resources. Other AWS MSSP partners include Accenture, Deloitte, and IBM.

Building a culture of cybersecurity trust and transparency

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000 — with the fast growth that requires — is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238%. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.

Resources

• SecurityScorecard Customer, Chief Security Officer of Avangrid, discusses how SecurityScorecard showcases risk reduction to the board, streamlines third-party risk management, saves weeks researching vulnerabilities, and benchmarks against peers.
• ThreatConnect, the Cyber Risk Quantification Leader in the 2023 Forrester Wave, shares why SecurityScorecard is trusted and transparent with defendable, quality data.
• Follow SecurityScorecard on LinkedIn.

Methodology

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

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