Quantifying Financial Losses from Cyber Risks is complex.
Understand financial impacts easily with Alignary’s Cyber Risk Quantification Platform.
Cyber Risks can cause significant financial losses.
Quantifying these losses is important. But understanding these losses is challenging with today’s methods.
NO TOOLS TO UNDERSTAND IMPACTS
Existing cyber risk assessment tools address technical vulnerabilities and controls, not financial impacts.
HARD TO USE TECHNICAL ASSESSMENT OUTPUTS
Directional scores or rankings from technical risk assessments don’t work. Translating them into financial impacts is error-prone & hard to maintain.
DIFFICULT TO CREATE HIGH-VALUE REPORTS
Manually creating visual high-value reports is effort-intensive. Reports get easily get out of date as threats and control levels change.
Alignary makes Cyber Risk Quantification simple and powerful.
Identify technical risk factors, financial impacts and link them together in simple, logical easy-to-use models.
See how financial impacts change under different scenarios. Identify high impact risk factors.
For financial losses exceeding risk appetite, optimize mitigation investments. Quantify losses mitigated by controls.
Effortlessly report cyber risks and financial impacts to stakeholders. Build confidence in cyber risk management.
So you can treat Cyber Risks similar to financial risks and understand loss distributions.
Understand not just expected losses but also which loss amounts are more likely relative to others given your controls and external cyber threats.
And help your Risk Committee & Board assess cyber impacts against Risk Appetite.
Because you can see financial impacts, you can make mitigation investment tradeoffs and optimize protection from cyber threats.
Improve maturity & coverage of your Enterprise Risk Program.
With cross-functional collaboration among your technical, finance and business teams, you not only improve confidence in cyber risk management but also make risk management an Enterprise-wide activity.
Get a head start on Cyber Risk Quantification with Alignary.
Getting started is easy and we will guide you to get insights quickly from cyber risk quantification.
Check out our blog to learn more!
Read our blog posts to learn more about latest Risk Management insights and developments from Alignary.
- Is there a purpose for Cyber Risk Quantification?With today’s cyber risk landscape, it is hard to disagree that effective protection against cyber threats should be a top priority for every Firm. As cyber-attacks become more potent, cyber risk management techniques are also increasing in sophistication. One such area is Cyber Risk Quantification, where impacts from cyber risks are estimated and quantified into […]
- Four challenges with traditional Risk Registers and HeatmapsRisk registers and heatmaps are widely used as enterprise-level risk management tools and are also promoted by many risk software providers. While these methods and tools may attempt to illustrate that risks are being “managed”, that illustration is really an illusion, due to the manner in which the risk registers and heatmaps are created. Approaches […]