Cyber Risk Quantification (CRQ) Translates Cybersecurity Risk to Budgetary and Management Language
FortifyData assessments create an inventory of the IT assets and processes for an organization. This asset information can be classified and analyzed by FortifyData’s Cyber Risk Quantification module to calculate the business impact of cyber risk and helps calculate financial scenarios such as Annualized Loss Expectancy (ALE), cyber insurance diligence, budgetary justification and measuring the security program. These financial scenarios help to understand the cyber risk to the business so leaders can make decisions on transferring the risk, mitigating the risk and aligning management and cybersecurity leaders to manage the remaining risk.