Cohere Cyber Joins Hands with SecurityScorecard to Improve Cybersecurity of Financial Sector

Cohere's combined solution provides a 360-degree view of critical security concerns such as vulnerability assessment and risk management, threat detection with incident response, real-time monitoring, and regulatory reporting.

FREMONT, CA: Cohere Cyber has established a partnership with SecurityScorecard, the global leader in cybersecurity ratings, to deliver cyber ratings to customers and jointly drive market penetration with a single integrated solution. These include the most well-known companies in financial services around the world, including various groups, centered on Registered Investment Advisors of Private Equity, Real Estate, Portfolio Managers, Hedge, and LBO funds. As part of the collaboration, Cohere will integrate SecurityScorecard's monitoring capabilities into our security operations using Cohere's SIEM technology to continuously monitor and mitigate potential cyber threats both on-premise and in the cloud.

"Financial organizations are the biggest target for cyber criminals, and security teams need a comprehensive and compliant cybersecurity strategy that provides in-depth intelligence," stated Aleksandr Yampolskiy, CEO at SecurityScorecard. "This partnership provides real actionable insights into the real-time threats facing financial organizations, and ensures that they will maintain the strongest possible security posture and conform to industry compliance standards."

Cohere's combined solution provides a 360-degree view of critical security concerns such as vulnerability assessment and risk management, threat detection with incident response, real-time monitoring, and regulatory reporting. Customers in the partnership program can review their SecurityScorecard rating and extend this assistance to their portfolio and vendor firms. This comprehensive solution enables continuous monitoring that provides an outside-in view of security practices, ensuring that organizations can continue to provide the most secure financial services to their clients. Customers can also generate comprehensive monthly or on-demand Cyber health reports for governance boards and regulators as part of a tightly coupled solution.