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Cyber Risk Assessment

Quantify the financial impact of cyber risk

  • Overview

Does your c-suite speak the same cyber risk language?

Each department in your company is its own universe. Your CFO puts out different fires than your CEO. Your CRO’s budget looks nothing like that of your CISO. You have your own priorities, your own initiatives, your own schedules. 
 
But no matter what the department, a cyber breach has the same negative impact on everyone’s goals. And beyond the instant financial impact and possible business interruption, long term corporate reputation could be at stake. You need to speak a common language across your corporate ecosystem in the discussion about cyber resilience, because it’s a common responsibility. 
 
The Cyber Risk Assessment from S&P Global Ratings reframes the discussion of cyber risk into one of business risk. Utilize robust, market-proven cyber risk quantification data to help you assess the potential financial impact to your organization from a cyber incident, and in turn level the playing field across the c-suite and into the boardroom.
 
Assess the ROI of your cyber security budget, prioritize cyber initiatives that deliver stakeholder value and enable informed, collaborative decisions across your leadership on cyber resilience planning with cyber risk quantification.



  • PDF:

  • PDF:

  • for Information Security Leaders
  • for Risk Leaders
  • for Finance Leaders
  • for Board Members

Who We Serve
Cyber risk quantification helps security leaders communicate risk across the C-suite and the Board.


For Information Security Leaders:

Traditional perception was that cyber risk management is solely the job of Chief Information Security Officers. But they know that’s not the case. They need the buy-in from the c-suite and board of directors to enable adequate investment into cyber risk budgets and prioritization of key risks. 

Cyber risk quantification creates a common risk taxonomy to re-position the discussion of cyber risk into one of business risk:

Utilize non-technical, data-driven insights that start conversations across organizations and enable collaborative decision-making.

Provide context around your corporation’s performance by comparing to industry loss trends and customizable peer benchmarking analytics.


By translating cyber risk into business risk, cyber risk quantification helps CISOs foster trust around your cyber risk strategy proposition across the organization.



Learn more about how the Cyber Risk Assessment from S&P Global Ratings can help companies stay ahead of their cyber risk >>

Who We Serve
Cyber risk quantification helps risk leaders align cyber risk with corporate risk tolerance.


For Risk Leaders:

A Chief Risk Officer needs a clear picture of all the risks their company is exposed to, in order to manage and mitigate them. 

Understanding the potential financial value at risk from a cyber incident, with further data simulations at different probabilities of occurrence, would provide a strong foundation for planning and reporting to other c-suite members on organizational cyber resilience strategy:

Enhance risk visibility of the potential impact from a cyber incident with all relevant internal stakeholders.

Assess the potential financial value of residual risks exceeding your company’s acceptable risk tolerance, to better inform your risk transfer strategies.


By translating exposure metrics into potential financial costs, cyber risk quantification helps CROs align cyber risk levels within the big picture of corporate risk appetite. 

Who We Serve
Cyber risk quantification helps finance leaders assess trade-offs between budget allocation and security requirements.


For Finance Leaders:

While a cyber incident can have an instant financial impact, the longer term ramifications on business interruption and reputation present their own risks, raising the discussions on cyber risk budgeting to a top agenda item.

As the CFO, having an informed view, backed by quantitative cyber resilience budgeting discussions brings you into the fold – become an informed partner in the discussion with data-drive insights to help you assess:

the required investments into cyber resilience against their potential ROI.

required contingency reserves.

By translating cyber risk exposure metrics into potential financial terms, cyber risk quantification helps CFOs make data-driven decisions to the defray the impact of a cyber incident.

Who We Serve
Cyber risk quantification helps the Board make decisions around cyber resilience with conviction.


For Board Members:

The focus on cyber risk is evolving rapidly. The Board is responsible to external and internal stakeholders, who want to understand their cyber resilience strategy. They sense it from regulators, who are increasing their scrutiny. 
 
Cyber risk quantification creates a common risk taxonomy to enable more informed discussions around cyber risk:

Providing a framework to help you assess and build support for initiatives that protect stakeholders.

Creating a common language for cyber resilience best practices as regulators step up cyber risk regulatory requirements.
 
Responsibility ultimately stops with you. Cyber risk quantification enables informed decision-making around cyber resilience strategy and encourages a collaborative approach on this key risk across your C-suite. 
 



  • Quantified Risks

Quantified Risks

Designed for strategic cyber resilience planning


Identify, quantify and manage evolving cyber risks with robust, data-driven analytics. Enhance cyber risk mitigation with insight that evolves with the changing cyber security landscape. 

Identify and Quantify:      Manage and Enhance:    
  • The probability, severity and estimated losses from a cyber incident, presented by type of loss (e.g. from data breach, direct/indirect business interruptions, cyber ransoming)
  • Cyber posture versus industry peers and industry average, providing context around cyber resilience strengths and weaknesses
  • 48 risk categories including technical and non-technical factors that provide insights about your external attack surface
  • Quantitative risk signals developed using stochastic, actuarial and behavioral models.
  • Strategic communication on cyber resilience with the board and leadership, using a common taxonomy,
  • Efficient cyber investments, funneling planning and funding to most needed initiatives, 
  • Informed insurance coverage, as insurers increasingly monitor and question the cyber resilience of Entities to underwrite cyber coverage,
  • Cyber risk posture, utilizing an outside-in perspective that can complement existing cyber security programs.



Download the brochure to learn more >>



  • Actionable Insights

Actionable Insights
Cyber risk quantification helps companies implement a strategic approach to cyber risk – driven by data.

Assess potential ROI from cyber security investments compared to baseline cyber risk exposure.

May help align cyber risk with corporate risk tolerance.


Drive informed cyber resilience strategy discussions across the
c-suite and the board.

Benchmark against peers and industry loss trends to provide context around your cyber risk exposure.

May help identify potential vulnerabilities from a differentiated perspective.
Help assess and optimize cyber insurance coverage.


Want to know more?  Click here to request a demo >>




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Spotlight on ...

Martin Whitworth is an established and proven security and risk leader with extensive information security and risk management experience over the past 30 years.  Martin has served as CISO and senior security and risk leader for several blue-chip organizations, across many sectors, including financial services, utilities, consulting and IT services. In these roles he has developed and impleme



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