Video: 5 P’s to Start Quantitative Risk Management – #4 Process

 Jeff B. Copeland

We’re exploring the five phases of how RiskLens launches a quantitative cyber risk management program, the 5 P’s.  After we’ve 1) set our Purpose, 2) trained our People, 3) tuned the RiskLens SaaS Platform, we are ready to deliver solid value through 4) Process – getting down to risk assessment work.

In this short video, RiskLens Regional Sales Director Joe Vinck tells the story of launching a program for a financial industry client, starting with an immediately impactful analysis that revealed that a planned security project was in fact not worth the $3 million investment when the probable risk reduction was quantified. 

Another takeaway from Joe’s story: RiskLens takes care to set a customer up for success. “We want to be working side by side with a customer to make an important decision to drive business value quickly,” Joe says, “while also empowering you to do this for yourself on an ongoing basis.”

Check out these RiskLens packages for establishing risk-based programs with FAIR: 

The Enterprise SaaS subscription to the RiskLens platform supports fast, risk-informed decisions at any level of the enterprise, from planning a new digital initiative down to day-to-day audit findings.

RiskLens Pro is an easy and affordable managed service that helps organizations quickly define, assess, and communicate cyber risks in financial terms, with no in-house expertise or significant time commitment necessary.