FICO Recognized as Trusted Cloud Provider by Cloud Security Alliance

Rhea-AI Summary

FICO, a global analytics software leader, has achieved Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 1 and Level 2 certifications. This recognition solidifies FICO's status as a trusted cloud provider and demonstrates its commitment to security and transparency.

The CSA STAR program is a publicly accessible registry that documents the security and privacy controls of cloud computing offerings. It ensures cloud service providers can maintain data confidentiality, integrity, and availability. FICO's achievement reflects its dedication to delivering a secure cloud environment for clients and adhering to key principles of transparency, rigorous auditing, and harmonization of standards.

Ben Nelson, FICO's chief cybersecurity officer, expressed pride in the recognition, stating it validates their commitment to client data security. Jim Reavis, CEO of CSA, praised FICO for exceeding rigorous standards and setting an industry benchmark for secure cloud computing.

FICO obtained Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 1 and Level 2 certifications, demonstrating its commitment to security and transparency

BOZEMAN, Mont.--(BUSINESS WIRE)-- Global analytics software leader FICO today announced that it has achieved Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 1 and Level 2 certifications, solidifying its status as a trusted cloud provider via the Cloud Security Alliance (CSA). CSA is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

“We’re thrilled to be recognized by CSA as a Trusted Cloud Provider,” said Ben Nelson, FICO’s chief cybersecurity officer. “This is yet another validation of our commitment to the security of our clients’ data and the services we provide to them. It reflects our dedication to delivering the most secure cloud environment for our clients.”

CSA STAR is a free, publicly accessible registry that documents the security and privacy controls provided by popular cloud computing offerings. It encompasses the key principles of transparency, rigorous auditing, and harmonization of standards outlined in Cloud Controls Matrix (CCM) and allows organizations to show current and potential customers their security and compliance posture, including the regulations, standards, and frameworks to which they adhere. Developed to ensure cloud service providers are better able to maintain data confidentiality, integrity, and availability, CSA STAR is a powerful program for security assurance in the cloud.

"The CSA Trusted Cloud Provider trustmark is a significant achievement that highlights an organization's dedication to maintaining the highest standards in cloud security practices," said Jim Reavis, CEO and co-founder of the Cloud Security Alliance. "FICO not only meets these rigorous standards but exceeds them, exemplifying the best in secure cloud computing and setting a benchmark for the industry."

Participation in the STAR program provides multiple benefits, including indications of best practices and validation of security posture of cloud offerings. It consists of two levels of assurance (self-assessment and third-party certification), based upon:

• The CSA Cloud Controls Matrix (CCM) v4, a cybersecurity control framework for cloud computing. It is composed of 197 control objectives that are structured in 17 domains covering all key aspects of cloud technology. It can be used as a tool for the systematic assessment of a cloud implementation and provides guidance on which security controls should be implemented by which actor within the cloud supply chain. The controls framework is aligned to the CSA Security Guidance for Cloud Computing.
• General Data Protection Regulation (GDPR) Compliance with the EU Cloud Code of Conduct (CoC).

View FICO’s CSA Registry entry here: https://cloudsecurityalliance.org/star/registry/fico/services/fico

About the Cloud Security Alliance

The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com/en.

Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/.

For FICO news and media resources, visit https://www.fico.com/en/newsroom.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240731240495/en/

Julie Huang

press@fico.com

Source: FICO

FAQ

What certifications did FICO recently achieve for cloud security?

FICO recently achieved Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 1 and Level 2 certifications, recognizing it as a trusted cloud provider.

How does the CSA STAR certification benefit FICO's clients?

The CSA STAR certification demonstrates FICO's commitment to maintaining data confidentiality, integrity, and availability for its clients, ensuring a secure cloud environment for their services.

What is the significance of FICO's CSA STAR certification in the cloud computing industry?

FICO's CSA STAR certification sets a benchmark for the industry in secure cloud computing, exceeding rigorous standards and exemplifying best practices in cloud security.

How does FICO's CSA STAR certification relate to data protection regulations?

FICO's CSA STAR certification aligns with the General Data Protection Regulation (GDPR) and complies with the EU Cloud Code of Conduct, enhancing its data protection measures.

What framework does the CSA STAR certification use to assess cloud security?

The CSA STAR certification uses the Cloud Controls Matrix (CCM) v4, a cybersecurity control framework covering 197 control objectives across 17 domains of cloud technology.