Jack Jones and Doug Hubbard explain how to measure what matters on the new frontier of risk management.
by Nikhil Chawla
The CISO is confronting countless “swords of damocles.” Each one seems critical. Each one is waiting to drop on their head. Their job is to eliminate those risks before they drop. Unfortunately, security is expensive and budgets are limited. Where to start when you only get to pick one, two, or three things to mitigate out of dozens of possibilities? The straight forward answer is, “Just shoot for getting the biggest bang for you’re buck!” This is easier said than done. The risk of some yet to happen event causing real impact is highly uncertain. The value of security control in mitigating those risks are also uncertain. And, the range of impacts that can occur add more fuel to the fire of uncertainty. This podcast bring the foremost thinkers on modeling cyber risk together – to discuss modern approaches for measuring risk and deciding on the best way forward economically. Meaning, the best way forward in terms of both cost as risk reduction.
Breaches used to be primarily carried out via software vulnerabilities: Companies would announce a flaw, take a while to fix it, and attackers would find their way into the system using those exploits. From there they might not only steal information and assets from their primary target, but would also use their access to jump […]
It’s prediction season and while no one can see into the future, we can definitely take some educated guesses. From increasingly severe ransomware attacks to deepfakes that deceive Fortune 500 companies, we’re keeping an eye out for some major events in 2025. And while many organizations are taking steps to beef up their defenses, the […]
As market awareness of cyber risk quantification grows, we frequently receive questions from clients and curious risk managers about FAIR (Factor Analysis of Information Risk)—what it is, whether it truly provides accurate cyber risk quantification, the effort needed to set it up and maintain, and more. Clients often ask us to compare the FAIR methodology […]
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