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Cyber risk quantification: Making smarter cybersecurity investments

In this video, Marsh shares how your organization can use cyber risk quantification to make objective decisions on its cybersecurity investments.

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Organisations devote the majority of their cyber budgets to cybersecurity technology, incident planning, staff training, cyber insurance, and consulting, a recent Marsh global survey found.

Many organisations, however, lack the ability to measure cyber risk in a meaningful way. So how are they determining the effectiveness of their investments? What tools or services are most helpful at preventing or mitigating attacks? And which are the least beneficial?

Enter cyber risk quantification, which enables organisations to express cyber risk in financial terms — and estimate the effectiveness of cybersecurity investments.

To learn how your organisation can use cyber risk quantification to make objective decisions on its cybersecurity investments, watch the brief video below.

Key takeaways

Efficacy

Establishing which existing cybersecurity investments are driving the most — or least — value enables an organisation to better allocate cyber risk capital. 

Prioritisation

Understanding which investments are more effective can help an organisation decide which cybersecurity investments to prioritise and which to de-emphasise.

Return on investment

Calculating a return on investment enables your organisation to make more meaningful investments moving forward.

Our speaker

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Zane  Beard

Head of Growth, Strategy & Specialty, Marsh Advisory Pacific

Learn more about our Marsh Cyber Risk Quantification solutions

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Watch our series to learn how cyber risk quantification can help enterprises express cyber risk in financial terms.

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