Cyber Risk Quantification & Management (CRQM)
How CISOs Can Speak the Language of Business.
Business Challenge
Current cyber risk management practices are siloed, reactive and lack a business perspective–leaving CISOs out of the conversation when the board or senior management question the cost-effectiveness of cybersecurity investments. Cyber Risk Quantification and Management(CRQM) offers a brand-new approach to measure and manage enterprise-wide cyber risk and justify cyber investment decisions in business terms. The Safe platform enables CRQM with FAIR, the recognized standard for quantitative cyber risk analysis.
Benefits of Quantifying
Cyber Risk
Prioritize among risks based on probable loss exposure in dollars
Communicate to the board and the business clear financial goals for risk reduction
Justify security posture with benchmarking against industry standard data
Define and disclose material risks, if required, in a defensible way and on demand
Solution Highlights
Real-time, data-driven, aggregated risk reporting from a single source
Automated FAIR analysis – the gold standard for cyber risk quantification
Assess likelihood and impact of breaches – gain actionable insights to respond
Manage cyber risk decisions with non-technical, business-friendly, AI-enabled reporting
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