Unreliable Cyber Risk Management Methods Causes Confusion
Companies are still using outdated and unreliable approaches to cyber risk management. These approaches are often not sufficient. Measuring cyber risk using “high, medium, low,” or “red, yellow, green” types of scales—based on generic checklists—gives zero visibility to real financial exposure. These qualitative approaches do not give CEOs the information they need to know how and where to invest to minimize their risk effectively. And, these antiquated methods do not generate defensible outcomes.
There’s a Better Way to Invest in the Right Cybersecurity
Cyber risk quantification can lead to more sound cybersecurity investment decisions. Download this eBook for a comprehensive methodology and approach to translating cyber risk into dollars and cents that everyone at your organization can understand to make the right investment decisions.