Pondurance Acquires Bearing Cybersecurity to Help Customers Better Assess and Remediate Security Gaps with the MyCyberScorecard Platform
Acquisition strengthens Pondurance’s leadership in risk-based managed detection and response (MDR) services, helping clients improve security and achieve compliance
INDIANAPOLIS – June 22, 2021: Pondurance, a leader in Managed Detection and Response (MDR) services, today announced the acquisition of Rockwall, Texas-based advisory and assessment services provider Bearing Cybersecurity. Under this agreement, Pondurance will integrate Bearing Cybersecurity’s flagship cloud-based platform, MyCyberScorecard, into its portfolio of advisory and managed services solutions. MyCyberScorecard analyzes and visualizes an organization’s cyber exposure to make it easy to identify and prioritize the most significant gaps while developing a plan for cyber resilience.
Pondurance customers can now access this dynamic SaaS solution to have a more streamlined and efficient cybersecurity assessment process that aligns with both internal and external standards and compliance requirements. The platform’s assessment capabilities deliver a health score (MyCyberScore) that highlights potential corporate cybersecurity gaps and provides important remediation recommendations.
Additional customer benefits include:
- Accelerated mitigation of cybersecurity gaps and greater cyber resilience
- Compliance with industry and regulatory standards including NIST 800-53, NIST CSF, CIS CSC, CMMC, PCI, HIPAA, and NYDFS 500
- Insight into current cybersecurity posture via a MyCyberScore
- Graphics showing cyber gaps with Dashboards and Heatmaps
- Confirmation that third-party and supply chain vendors are conforming to security standards
“One of many issues in the industry is the disconnect between cyber risk and cyber operations, especially when security policies and controls should be aligned to drive security operations but are often not,” said Doug Howard, CEO of Pondurance. “Joining these components and operationally aligning them to reduce risk by understanding your largest cyber gaps is critical. The MyCyberScorecard is a foundational element for Pondurance’s vision to help customers close these gaps.”
Traditionally, organizations had to rely on the organized sharing of information from disparate resources. MyCyberScorecard simplifies that process by collecting information into a single portal that provides a point-in-time integrated assessment of security operations to determine potential gaps and compliance challenges. With MyCyberScorecard, Pondurance customers will receive intelligent cyber health scores that provide the insight necessary to more effectively manage risk on an ongoing basis. With this solution, customers can be confident they are on the right path while having instant feedback on how policy changes could affect security.
For additional details about this acquisition and MyCyberScorecard please visit: www.pondurance.com
Headquartered in Indianapolis, Indiana, Pondurance delivers world-class managed detection and response services to industries facing today’s most pressing and dynamic cybersecurity challenges including ransomware, complex compliance requirements, and digital transformation accelerated by a distributed workforce. By combining our advanced platform with our experienced team of analysts, we continuously hunt, investigate, validate, and contain threats so your own team can focus on what matters most.
Pondurance experts include seasoned security operations analysts, digital forensics and incident response professionals and compliance and security strategists who provide always-on services to customers seeking broader visibility, faster response and containment, and more unified risk management for their organizations. Visit www.pondurance.com for more information.