Mumbai, March 28 : Telecommunications giant Verizon on Wednesday introduced a new security assessment framework -- "Verizon Risk Report" (VRR) -- that will help enterprises make data-driven security decisions and focus their security spend where it will have the most impact.

"VRR" combines cybercriminal activity database from Verizon's "Data Breach Investigations Report" (DBIR) series, the company's "Professional Service" consultants' expertise and specialised data sources from technology providers including BitSight, Cylance, Recorded Future and Tanium for an automated, comprehensive security risk scoring framework.

The security assessment framework is currently in customer beta trials and will be available globally this spring.

"Security strategies have historically been focused on static defenses," Alex Schlager, Executive Director, Security Services (global products and solutions) at Verizon, said in a statement.

It also enables enterprises to quantify their current exposure to cyber-related risks and, thus, obtain an understanding of the probability of a potential future breach.

"Businesses can no longer wait for cyber-threats to occur or rely on historical security strategies created to deal with yesterday's threat landscape. The Verizon Risk Report uses threat intelligence sourced daily from multiple data security sources, to allow customers to make data-driven security decisions based on today's threats," Schlager added.

The security assessment framework also provides a quantitative and qualitative assessment of preventative measures, all underpinned by a framework for sustainable and measurable improvements.

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