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Edvance Technology Signs Partnership with SecurityScorecard to Expedite Supply Chain Cyber Risk Management Adoption Across Hong Kong and Macau Region

September 4, 2024 – Hong Kong – In a move to bolster cybersecurity in the region, Edvance Technology (Hong Kong) Limited (“edvance”) today announced a strategic partnership with SecurityScorecard, a leading provider of third-party risk management solutions. This collaboration underscores both companies’ commitment to enhancing cybersecurity measures in the Hong Kong and Macau markets.

Albert Kuo, Vice President, Asia Pacific at SecurityScorecard, highlighted edvance’s role in the partnership: “edvance’s expertise in cybersecurity and their dedication to bring our solutions to clients in the local market make them an ideal partner. We are excited to collaborate with them.”

Calvin Hoon, Sr. Director of Channels Sales, Asia Pacific & Japan at SecurityScorecard, added: “edvance has the manpower to support channel partners in going to market, which can speed up the adoption of our solutions.”

Sammi Tsai, Chief Executive Officer of edvance, emphasized the importance of this partnership: “Continuous exposure & supply chain risk management is the trend to manage threats proactively. As a third-party risk management vendor, SecurityScorecard is a core component of this strategy. We are eager to penetrate the Hong Kong and Macau markets together and drive success.”

SecurityScorecard excels in providing comprehensive cybersecurity solutions that enable businesses and their third-parties to assess, monitor, and manage their cyber risk, with advanced scoring metrics, vendor risk management, automated compliance monitoring, and external attack surface management, helping businesses take proactive measures against potential threats. This partnership aims to provide businesses in Hong Kong and Macau with robust cybersecurity solutions, leveraging edvance’s extensive channel network and SecurityScorecard’s trusted risk management tools.

About Edvance Technology (Hong Kong) Limited
Edvance Technology (Hong Kong) Limited is a leading value-added distributor of cybersecurity solutions in Hong Kong. We have a proven track record of delivering best-in-class global cybersecurity solutions for enterprises across various industries and government organizations. Our specialist team of consultants and service delivery experts ensures that our clients’ cybersecurity investments are successful. Edvance Technology is a member of Edvance International Holdings Limited (Stock Code: 01410.HK). For more information, visit www.edvance.hk.

About SecurityScorecard
Funded by world-class investors, including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings, response, and resilience, with more than 12 million companies continuously rated.

Founded in 2014 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented security ratings technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

SecurityScorecard makes the world safer by transforming how companies understand, improve, and communicate cybersecurity risks to their boards, employees, and vendors. SecurityScorecard achieved the Federal Risk and Authorization Management Program (FedRAMP) Ready designation, highlighting the company’s robust security standards to protect customer information, and is listed as a free cyber tool and service by the U.S. Cybersecurity & Infrastructure Security Agency (CISA). Every organization has the universal right to its trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.