Data Fiduciaries

Home/Services/Cyber Risk and Maturity/Cyber Risk Quantification

Cyber Risk and Maturity

Cyber Risk Quantification


Express cyber risk in dollars using FAIR: loss exposure ranges for the scenarios that matter, so boards and finance can prioritize security investment.

Frameworks and standards

  • FAIR

What it covers

The engagement in detail

Expression of cyber risk in financial terms using Factor Analysis of Information Risk or a comparable quantitative method, producing loss exposure ranges for the scenarios that matter to the business. Quantification converts security investment discussions from qualitative severity ratings into expected loss reduction per dollar, which is the form boards and finance functions can act on.

Who it is for

Designed for established organizations measuring and maturing an existing security program, and law firms, corporate legal departments, and the clients they advise.

What you receive

Deliverables from this engagement

  • Scenario models
  • Annualized loss exposure ranges
  • Control effectiveness analysis
  • Investment prioritization

Terms

How an engagement works

Every engagement is scoped individually and conducted under a nondisclosure agreement and a master services agreement, beginning with a scoping conversation and a written statement of work that defines scope, deliverables, and sequence. The four steps this practice follows are set out in full on the Cyber Risk and Maturity page.

  • Measure and reduce risk
  • Established Enterprises
  • Law Firms and Legal Departments

Start with a confidential conversation

Thirty minutes on whether this is the right engagement for the question you have been asked, and what it would take to answer it.