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Podcast: The Cyber Ranch Podcast
Episode: Measuring Risk w/ Richard Seiersen
Description: Today we talk with Richard Seiersen, co-author of “How to Measure Anything in Cybersecurity Risk”.
Richard shared that at his first CISO position, he was challenged with addressing prioritization of risk, which led to his authoring a book with Doug Hubbard.
What can cyber learn from older risk disciplines? The life table used broadly to measure time-to-event data goes back 500 years.
Businesses keep falling back to the classic 5x5 "likelihood and impact" matrix which is an inconsistent, non-math-based method.
Without math it is really just casting spells in the board room. There are...