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.
Quickly and easily assess the financial exposure of your organization so you can communicate cyber risk in a language that makes sense to the business. FortifyData makes it easy to analyze and report on the financial impact of different risk scenarios, using the widely recognized Annualized Loss Expectancy (ALE) Model.
FortifyData’s Financial Quantification module allows you to determine how much cyber liability coverage your organization needs, or if you are over or under insured. You can input your policy coverage amounts, the dates the policy is effective, and the insurance provider for all your different policies.
Learn all about the Financial Risk Quantification Module within the FortifyData platform, and see why organizations are using it to gain visibility into the cyber risk of their enterprise and their third parties.