Dive into the practical world of cyber risk quantification. Experience the discipline in action with practical insights that simplify cyber risk quantification, from core concepts to real-world examples.
CRQ can’t remain a pilot forever. To drive meaningful, repeatable value, it needs to mature into a business capability: trusted, embedded, and regularly informing decisions.
Before a single scenario is modelled or a number estimated, one of first challenges in adopting cyber risk quantification (CRQ) is simply persuading stakeholders it's worth doing.
In this article, I’ll share six working principles I’ve found essential for embedding CRQ in a way that sticks — not just as a project, but as a true business capability.
For all the energy that organisations invest in CRQ, a frustrating truth remains: many results don't actually lead to better decisions. Quantification is a powerful tool. But like any tool, its value lies in how it’s used.
Worst case sets a practical limit on what should be spent to manage/mitigate risk, most likely is what you should expect to occur, while ALE tells you how to do long-term financial planning or to think for (self) insurance.