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Professional Security Magazine
Professional Security Magazine

INDUSTRY SPOTLIGHT: Cyber Risk Quantification for the Boardroom

Cyber threats are becoming more frequent and complex, emphasizing the importance of strategic decision-making in cybersecurity. Nevertheless, many organizations need help translating technical cyber risk assessments into practical and meaningful insights. Often, they rely on subjective, qualitative risk assessments with simple red, yellow, and green ratings, but struggle to make these assessments valuable for their business.

Squalify’s Cyber Risk Quantification (CRQ) platform translates cyber risk into financial metrics. By identifying financial loss metrics and key cyber loss drivers, Squalify enables business leaders to clearly understand the direct link between cyber threats and their organization’s economic health. This supports C-level and board members in developing informed and impactful cybersecurity strategies.

Instead of concentrating on the technical intricacies of cyber risk, Squalify’s quantification approach focuses on the bigger picture—aggregating risk across your entire organization to prioritize critical risks and support long-term operational resilience. 

The benefits of this big-picture approach are:

  • Enterprise-Wide Insight: We specialize in aggregating risk data at the company level to offer comprehensive insights into your organization’s overall cyber risk.
  • Fast Results: We can assess worst-case loss within 48 hours and quantify enterprise-wide cyber risk in just a few days.
  • Limited Data Input: We require only a fraction of the data needed by conventional risk quantification approaches, making the data collection process seamless.

Additional Resources:

  • Check out this article to discover the advantages of our quantification approach.

Schedule a meeting with us at the Cyber Secure Forum to learn directly from us how Squalify can provide you with critical insights into your enterprise-wide cyber risk.

Learn more at squalify.io

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