In today’s complex threat landscape, gut feelings and disparate risk scores are no longer sufficient for effective cyber risk management. Organizations need concrete, data-driven insights to make informed decisions, prioritize security investments, and ultimately, protect their bottom line. This is where cyber risk quantification (CRQ) steps in, offering a powerful lens through which to view and manage cyber threats. By translating cyber risks into financial terms, CRQ delivers invaluable cyber risk insights that resonate across all levels of an organization, from the security analyst to the boardroom.

*** This is a Security Bloggers Network syndicated blog from CyberSaint Blog authored by Maahnoor Siddiqui. Read the original post at: https://www.cybersaint.io/blog/financial-quantification-of-cyber-risk