Trends Report

Transform Cyber Risk Management With Cyber Risk Quantification

Board Cyber Fatigue Requires A Fundamental Rethink And Revolution In Cyber Risk Management

January 28th, 2022
Paul McKay, VP, Research Director
Paul McKay VP, Research Director
Alla Valente, Senior Analyst
Alla Valente Senior Analyst
With contributors:
Joseph Blankenship , Martin Gill , Melissa Bongarzone , Peggy Dostie

Summary

Boards of directors today suffer from a chronic case of cyber fatigue. Even as cybersecurity ascends the list of board-level concerns, years of increasing spending without quantifiable results have soured board members on the topic. CISOs are turning to the emerging cyber risk quantification (CRQ) technologies to quantify cyber risk for the board. However, operationalizing CRQ requires a level of expertise, historical data, and executive buy-in that organizations will need to navigate before they can reap the rewards. Read this report to understand the current state of the emerging CRQ market, end user experiences, and practical actions to get started on your CRQ journey.

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