U.S. Chamber of Commerce Releases Cyber Risk Assessment Report

The U.S. Chamber of Commerce and FICO released their Q1 Cyber Risk Assessment Report, which found that the “level of cyber risk to the U.S. business community is holding steady.” The report, released April 11, measures the overall cybersecurity risk that the U.S. business community faces. It’s based on data from the FICO Cyber Risk Score. For Q1, the U.S. business community was given a national risk score of 687. More specifically, the risk score for small business improved over Q4 2018 from 740 to 737, while large businesses moved from 646 to 643. “The disparity in risk scores between small and large organizations is due to the fact that large firms have a wider attack surface and are more frequently the target of cybercriminals,” said Doug Clare, vice president for cybersecurity solutions at FICO. The report also offers businesses tips for improving their cybersecurity posture, including using the National Institute of Standards and Technology (NIST) Cybersecurity Framework, and understanding more fully what exists on an organization’s network.

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