Fair Isaac Corp, known for its FICO consumer-credit scores, acquired Ann Arbor-based cyber-security startup QuadMetrics. The terms of the deal were not disclosed. FICO hopes to leverage QuadMetrics's predictive analytics and risk assessment software to develop an industry-wide "enterprise security score" for businesses. QuadMetrics previously received funding from the Department of Homeland Security.
“Just as the FICO Score gave credit markets a single metric for understanding credit risk, this product will give the industry a common view of enterprise security risk,” Doug Clare, FICO’s vice president of cybersecurity solutions, said in a statement. QuadMetrics, based in Ann Arbor, Mich., claims to be able to predict the likelihood of a company being breached with greater than 90% accuracy, the company told CIO Journal in January. QuadMetrics, leveraging technology developed at the University of Michigan with funding from the Department of Homeland Security, collects more than 250 data points from a company’s IT network, such as spam traffic or the configuration of servers and routers. It then runs through predictive risk models based in part on a database on past security incidents.