Cybersecurity risk is the most dangerous and complex risk to a business. The critical question of ‘are we next?’ has become impossible to answer because CISOs lack real-time visibility of their entire attack surface. This means they have no accurate understanding of their cyber risk posture, or how to address their most harmful risk. Traditional methods of managing cyber risk are fundamentally broken – leaving organizations wide open to attack.

The only way security leaders can achieve this is through AI-driven Cyber Risk Quantification and Management (CRQM). It eliminates the manual, point-in-time, subjective approaches to cyber risk management to assess risk automatically in real-time. Security teams need to aggregate their telemetry signals from across their estate to provide a more accurate account of their cyber risk posture. CISOs then need to translate these technical insights into business impact to fuel effective communication and risk reporting to the board – quantifying risk in dollars and cents.

Quantifying cyber risk in terms of financial impact unlocks your ability to plan your initiatives based on the greatest returns, and justify future investments such as cyber insurance. CRQM is the only solution that enables businesses to build resilience, meet increasing regulatory demands, and shift from reactive to predictive cyber risk management – replacing guesswork with data-driven decision making.