As cyber security has become a boardroom issue, there is an increasing call for the financial exposure from cyber risk to be measured. This enables financial appraisal of cyber security investments and informs decisions on cyber security insurance.
Applying quantitative techniques to cyber security has long been considered a complex, if not impossible task due to the large number of factors to consider, each with varying degrees of uncertainty and the lack of relevant, contextual data on cyber breaches. However, recent research from organisations such as the Information Security Forum has demonstrated a pragmatic approach to quantitative cyber security risk assessment, using not much more data than is being used in existing qualitative approaches.
Acuity has added quantitative risk assessment to STREAM and this will be released in Version 6, scheduled for early 2019.
Register for our webinar where Acuity partner, Simon Marvell will:
- Explain how to use quantitative risk assessment to understand potential financial loss exposure from cyber breaches and appraise cyber security investments
- Demonstrate quantitative cyber risk assessment in STREAM, including: calculation of expected financial losses; enterprise-wide aggregation of expected financial losses compared to risk tolerance, and; return on security investment.
- Answer your questions
Date: 27th November, 2018
Time: 2pm GMT / 9am EST
Duration: 30 minutes