TrustScore

United States Government Agency seeking to help SMB's improve their security posture

Challenge: The Biden-Harris Administration has set and achieved historic records in small business contracting. However, while the federal contracting dollars are historic, the number of small and medium sized businesses receiving federal contracts dropped over 40% from 2010-2022. Many businesses cited cybersecurity requirements as a significant barrier to competing for federal contracts. The government is working with CyberAlliance to help remove the cybersecurity barrier for SMB's.

Solution: CyberAlliance partnered with the Government Agency to create a program aimed at helping SMB's become prepared to meet the cybersecurity requirements for federal contracts. CyberAlliance created a customized training for SMB owners helping them understand the key fundamentals and cyber best practices of SMB owners globally.

In addition, through CyberAlliance's Cyber Trust Score, the companies were able to identify, address, and manage their key cyber risks. CyberAlliance worked with the companies to implement and operationalize their recommendations, in turn mitigating financial and reputational risk from a potential breach. CyberAlliance helped the companies use cyber security to secure more than its current assets, it created a differentiator to drive new public and private sector growth.

Developed security, privacy, and compliance roadmaps for 50 SMB's

Helped Companies become prepared to compete for $159B in US Federal Contracts available

Helped companies understand how to use their CMMC maturity as a differentiator to drive incremental business

Grow By Building Global Trust

In today's hyperconnected world, businesses are more connected than ever before. With the rise of digital technologies and the ongoing COVID-19 pandemic, many companies have shifted to remote work and virtual operations, increasing their reliance on digital systems and networks. Unfortunately, this has also led to a surge in cyber attacks, with cyber criminals exploiting vulnerabilities in these systems to steal sensitive data and disrupt business operations.

According to a recent report by the World Economic Forum, cyber attacks are among the top five risks facing businesses globally, with losses estimated to reach $6 trillion by 2025. In addition, a recent study found that cyber attacks have increased by 600% since the start of the COVID-19 pandemic.

The CyberAlliance Cyber Trust Score is a powerful tool that can help businesses mitigate these risks and protect their operations from cyber threats. By providing an easy-to-understand assessment of cyber risk, the Cyber Trust Score empowers businesses to take proactive steps to secure their networks, systems, and data.

Whether you're a small business owner, enterprise executive, or a government official, the Cyber Trust Score can help you understand and mitigate your cyber risk in today's digital landscape. With its contextualized questions and unbiased scoring algorithm, the Cyber Trust Score is the perfect tool for any business looking to protect themselves and their customers from cyber threats or any business looking to gain visibility into their supply chain. Don't let your business become a victim of cybercrime - start assessing your cyber risk today with the Cyber Trust Score.

A growing cyber threat landscape is a global problem. The assertions that 1 in 10 small businesses suffer a cyberattack each year (Insurance Information Institute) and that a cyberattack happens every 39 seconds (University of Maryland) drive the perspective that cyber security ratings and trust scores will soon be as important to the brand of businesses, as personal credit ratings are to consumers.