Canada’s BCAA Adopts FICO Enterprise Security Score to Measure Cyber Risk

MONTREAL — May 11, 2017​

Highlights:

• The British Columbia Automobile Association (BCAA) is using the FICO^® Enterprise Security Score to monitor their cybersecurity posture, including their partners’ and vendors’ defenses.
• The Enterprise Security Score reveals an organization’s likelihood of suffering a major breach in the next 12 months.
• BCAA provides roadside assistance and other insurance products to 800.000 members in British Columbia.

Silicon Valley analytic software firm FICO today announced that the British Columbia Automobile Association (BCAA), a leading Canadian travel insurance provider, is using the FICO^® Enterprise Security Score to understand the security posture of their business partners, as well as to improve their own security posture. The Enterprise Security Score reveals an organization’s likelihood of suffering a major breach in the next 12 months.

More information: http://www.fico.com/en/products/fico-enterprise-security-scoring

“We are one of the most trusted organizations in British Columbia, serving one in three households, and protecting our members’ data is a top priority,” said Ken Ontko, senior vice president and chief information officer at BCAA. “To do that, we need to not only manage our own data security but understand how well our partners and vendors are protected. We looked at other products but only the FICO product gave us the output we need to manage our business.”    

“Businesses are really waking up to the impact that their partners’ security vulnerabilities could have on them,” said Doug Clare, vice president of cyber security solutions at FICO. “We give firms like BCAA the information they need in a clear, concise score. This is the best way to get your arms around a very complex challenge.”

The FICO^® Enterprise Security Score performs a complex assessment of network assets, applies advanced predictive algorithms, and then condenses the results down to a three-digit score that rank-orders based on the odds of breach for an organization, allowing an empirical comparison of organizations’ cyber security risk. Organizations can use this score to understand and track their own performance, or share it with business partners as an easy-to-understand surrogate for a more in-depth exchange of security posture details. The score comes with current threat profile characteristics and granular insights into potential security issues.

With more than 800.000 members, BCAA provides industry-leading products including home, auto and travel insurance, roadside assistance, Evo Car Share and full auto service at BCAA’s Auto Service Centres. The British Columbia Automobile Association is an affiliate of the Canadian Automobile Association (CAA) and the American Automobile Association (AAA), serving members in British Columbia and the Yukon.

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