SecurityStudio
Minnetonka, Minnesota SaaS platform built around the S2Score, a 300-850 credit-score-style measure of organizational information security risk, paired with a vCISO certification academy aimed at simplifying risk management for small and mid-sized organizations.
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SecurityStudio, founded in 2017 by Evan Francen and headquartered in Minnetonka, Minnesota, builds a suite of SaaS risk-assessment tools aimed at making information security risk measurable and communicable for organizations that lack a dedicated security team. Its flagship product, S2Org, walks organizations through a structured, largely yes/no assessment covering governance, people, process, and technology, and outputs an S2Score — a 300-to-850 risk score modeled deliberately on consumer credit scores — along with a prioritized remediation action plan. Companion products S2Vendor and S2School extend the same scoring methodology to third-party/vendor risk and to K-12 and higher-education institutions respectively.
Beyond the assessment platform, SecurityStudio operates the CvCISO (Certified virtual Chief Information Security Officer) Academy, a training and certification program aimed at standardizing what a competent vCISO practice looks like — relevant given how many small and mid-sized organizations now rely on part-time or outsourced CISO talent rather than a full-time hire. The company positions itself around a mission-driven message (‘mission before money’) distinct from typical vendor marketing, reflecting founder Evan Francen’s parallel work at FRSecure and public writing on the security industry.
SecurityStudio’s core differentiation is the S2Score itself: a single, easily explained number intended to let a board or executive team understand security risk the way they already understand a credit score, and to track improvement over time using the same yes/no assessment cadence. Its primary competition comes from broader GRC and risk-quantification platforms as well as free or lower-cost self-assessment frameworks; SecurityStudio’s target market of underserved small and mid-sized organizations, K-12 districts, and MSP-delivered engagements is narrower than the enterprise GRC buyers many larger platforms chase.
Innovation Matrix Assessment
SecurityStudio has steadily expanded its product suite (S2Org, S2Vendor, S2School) and continues to run and update its CvCISO Academy curriculum, indicating ongoing but incremental development rather than rapid platform expansion.
The S2Org/S2Vendor/S2School products share a common assessment and scoring engine, letting organizations extend the same risk methodology to third parties and, for schools, sector-specific requirements, without separate tooling.
SecurityStudio is a small, privately held, founder-led company with no publicly disclosed funding rounds; growth appears organic and tied to its CvCISO certification program and assessment platform adoption rather than venture-backed scaling.
The S2Score's explicit modeling on consumer credit scores is a genuinely distinctive simplification of security risk communication for boards and executives compared to typical multi-page qualitative GRC reports.
No independent third-party validation of the S2Score's predictive accuracy against actual breach or incident outcomes was found; efficacy evidence is limited to the company's own case material and adoption by K-12/MSP channels.
Small and mid-sized organizations and K-12 districts, SecurityStudio's core market, are chronically underserved by security tooling and are increasingly relying on part-time or virtual CISOs, keeping both the assessment platform and the CvCISO certification relevant.
Why CISOs Should Care
For a vCISO or a resource-constrained security leader at a small or mid-sized organization, S2Org offers a fast way to produce a board-legible risk score and a prioritized action plan without building a bespoke GRC program, and the CvCISO credential gives outsourced CISOs a recognized qualification to point to.
What Makes It Different
SecurityStudio's S2Score borrows the familiar 300-850 consumer credit-score format to make security risk instantly interpretable to non-technical executives and boards, paired with a dedicated vCISO training and certification arm that most GRC platform vendors do not operate themselves.
The Matrix Verdict
48/100 — EMERGING / UNRANKED
A focused, mission-driven risk-assessment and vCISO-enablement platform well suited to small and mid-sized organizations, K-12 districts, and the vCISOs who serve them; its narrow target market and lack of independent efficacy validation keep it a regional/niche player rather than an enterprise GRC contender.
Editorial Note: Claims vs. Verified Findings
SecurityStudio's own materials describe the company as a leader in 'making safety, privacy, and cybersecurity simple' for underserved organizations; this is vendor framing rather than an independently verified market position. Founding year, founder identity, and headquarters were corroborated across the company's own site and independent company-data sources (Crunchbase, Gust) with no discrepancies found.
Sources
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