Organizations 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 organizations, 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 organizations to express cyber risk in financial terms — and estimate the effectiveness of cybersecurity investments.
To learn how your organization can use cyber risk quantification to make objective decisions on its cybersecurity investments, watch the brief video below.
As a senior vice president in the Emerging Risks Practice, Allie Pan is responsible for helping clients understand their strategic risks, especially in nascent and complex peril classes such as cyber, climate, violent threats, and supply and value chains.
Watch our series to learn how cyber risk quantification can help enterprises express cyber risk in financial terms.