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Podcast: CXOInsights by CXOCIETY
Episode: PodChats for FutureCISO: Understanding cyber risk quantification
Description: Cyber risk quantification involves the application of risk quantification techniques to an organization's cybersecurity risk. It is the process of evaluating the cyber risks that have been identified and then validating, measuring and analyzing the available cyber data using mathematical modelling techniques to accurately represent the organization's cybersecurity environment in a manner that can be used to make informed cybersecurity infrastructure investment and risk transfer decisions. Cyber risk quantification is a supporting activity to cybersecurity risk management; cybersecurity risk management is a component of enterprise risk management and is especially important in organizations and enterprises that are h...