‘Doing more with less’: The Benefits of Quantitative Risk Assessments

‘Doing more with less’: The Benefits of Quantitative Risk Assessments

Boards and CEOs recognize the increasing importance of cyber security and risk management overall, according to a PwC survey of 3,249 business and technology executives – however, 26 percent will see budget cuts and 13 percent won’t see any change, so their security investments will have to be made prudently. To be certain they are making the right decisions, CISOs are seeing a need to quantify cyber risks. This expectation to ‘do more with less’ is challenging, but quantitative risk assessment methods can help.

Watch this Acuity partner webinar with the Institute of Risk Management to learn how to:

  • Use and benefit from quantitative risk assessments
  • Utilise cost-benefit analysis to determine the ROI of your cybersecurity investments
  • Build objective financial calculations against your risks that are aligned to management’s tolerance for risk
  • Communicate insights in the language of your business leaders, thus aiding decision-making and optimizing security investments
  • Understand different approaches to quantitative risk assessment

Acuity Risk Management helps businesses worldwide effectively manage, prioritize and report on their risks to inform strategic and tactical decision-making and build long-term resilience. Purpose-built for risk management from the ground up, Acuity’s STREAM platform provides an integrated view of risk bringing cyber risk together with IT and operational risks to provide a comprehensive view of risk and compliance across the enterprise. The platform models all of the complex relationships that exist in cyber security risk management and presents the results in business terms via an intuitive user interface such that security leaders and executives can make informed risk decisions. The executive team draws on its deep expertise and industry experience to continually innovate and help companies prepare and protect themselves while embracing digital transformation.

For more information or to see STREAM in action, request a demo.