Boards Urged to Prioritize Cyber Risk Quantification
To make cyber risk more tangible and actionable, boards are advised to prioritize quantifying it in terms of dollar value, allowing managers across the organization to understand and address potential threats more effectively. By translating cyber risk into a clear financial impact, companies like BP are better…
#CyberRiskQuantification #RiskManagement #InfosecurityEurope2026 #DigitalRiskManagement #CyberRisk
Risk analysis is primarily conducted by taking assumptions and rating them subjectively. But what if we instead gave figures to the cyber risks a business faces daily?
Join Niall to learn about the differences between quantitative and qualitative risk analysis, and how we measure uncertainty.
https://cydea.com/form/51bb7900/
Thursday 27 July, 12:30 - 1:30pm, Online
#PositiveSecurity #CRQ #CyberRiskQuantification #RiskAnalysis
Focusing on the riskiest cyber loss events, system intrusions are found to be far and away the riskiest incident pattern, accounting for about half of all events as well as half of total losses recorded over the last decade. Download the Report: https://www.cyentia.com/iris-2022
#infosec #cybersecurity #risk #riskmanagement #cyberriskquantification #research #published #data #analytics #stats #researchanddevelopment #CISO #industrystats #industrynews #cyberloss
How many publicly reported losses were found in the Information Services Sector? Learn more with the IRIS Risk Retina for Information Services:
https://www.cyentia.com/services/iris-risk-retina/
#infosec #cybersecurity #risk #riskmanagement #cyberriskquantification #research #published#industrystats #industrynews #industryanalysis #informationservices
In our new report with @security_score we examine industries common among third parties, & explore the #regional dimension of those relationships. Doing business with a company in another country doesn’t necessarily increase or decrease cyber risk. But, it does expose an organization to new laws, security requirements, and other #geopolitical issues.
Read the report: https://securityscorecard.com/research/cyentia-close-encounters-of-the-third-and-fourth-party-kind/
#infosec #cybersecurity #cyberloss #risk #riskmanagement #cyberriskquantification #riskquantification #industrystats #vendors #thirdparty #fourthparty
“Nothing is more dangerous than a man who knows the past.” ~Gleeman, The Wheel of Time
Past events aren’t a perfect predictor of future trends, but they’re certainly not irrelevant occurrences either. We tallied publicly known cyber loss events each month over the last decade, and tell the story of that data in the Information Risk Insights Study 2022, answering questions like: "Are incidents occurring more often of late?” Download the Report to find out: https://www.cyentia.com/iris-2022/
#infosec #cybersecurity #risk #riskmanagement #cyberriskquantification #research #published #data #analytics #stats #researchanddevelopment #CISO #industrystats #industrynews #cyberloss
See where large & small organizations stand in the Financial sector in the Financial Services Risk Retina: https://www.cyentia.com/services/iris-risk-retina/
#infosec #cybersecurity #risk #riskmanagement #cyberriskquantification #research #industrystats #industrynews #FinancialServices #Financialsector
Join Wade Baker, Partner at the Cyentia Institute and Vanessa Sorenson, Sr. Product Marketing Manager for SecurityScorecard where they’ll talk about key findings and trends from the research report including:
- How the interdependence of modern digital supply chains can impact cyber risk exposure
- What industries have the most third- and fourth-party connections
- Steps your organization can take to dig deeper into how you can better protect your organization from third-and fourth- party risk.
Registration: https://www.brighttalk.com/webcast/19566/572722
#infosec #cybersecurity #riskmanagement #cyberriskquantification #riskquantification #research #industrystats #vendors #thirdparty #fourthparty
Mitigating risks between your third- and fourth-party vendors SecurityScorecard and the Cyentia Institute teamed up to analyze data from SecurityScorecard’s Automatic Vendor Detection on over 230,000 organizations for clues about the underlying conditions that exacerbate third and fourth-party risk. By measuring the extent of digital supply chains and investigating the prevalence of security incidents among third and fourth-party vendors, this report takes a look at how the effects of exposure yield insights on how to better manage risk. Join Wade Baker, Partner at the Cyentia Institute and Vanessa Sorenson, Sr. Product Marketing Manager for SecurityScorecard where they’ll talk about key findings and trends from the research report including: - How the interdependence of modern digital supply chains can impact cyber risk exposure - What industries have the most third- and fourth-party connections - Steps your organization can take to dig deeper into how you can better protect your organization from third-and fourth- party risk.
Analyst207
Bob Carver
Cydea
Cyentia Institute
