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According to IBM, the average cost of a data breach is $4M and as we move into an era where more and organizations are leveraging their data with partner integrations, this risk compounds. Understanding where your organization ranks in terms of security risk is critical as is understanding where your partners stand. SecurityScorecard is a cybersecurity rating platform that provides near-instant analysis of a companies security risk. The platform presently features over 1.8M businesses and plans to cover 20M business by year-end. The rating and analysis provided contextualizes cybersecurity risk so that all parties involved – including vendors and suppliers – can interpret and assess any vulnerabilities within a business operation. AlleyWatch caught up with CEO and Cofounder Aleksandr Yampolskiy to learn more about the company’s impressive traction since the last time we spoke, future plans, and latest round of funding from investors that include Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Inc., Kayne Anderson Rudnick, Fitch Ventures, Evolution Equity Partners, Accomplice, Riverwood Capital, Intel Capital, NGP Capital, AXA Venture Partners, GV (Google Ventures), and Boldstart Ventures.

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