Cyber Modeling

The global cost of cyber attacks is projected to reach $10.5 trillion annually by 2025. A problem for many enterprises is measuring cyber risk and the financial impact to enterprise value.

Cyber Risk Modeling and the Total Cost of Risk (TCOR) is leveraged to provide financial insights for risk-informed decision making.

Risk Management Framework

Your cyber risk mitigation program should include metrics of the most severe, moderate, and frequent risks facing your enterprise. These metrics create a quantitative risk matrix for your enterprise. A foundation for enterprise risk management framework includes:

  1. Risk identification

  2. Risk control selection

  3. Risk control implementation

  4. Risk control assessment

  5. Risk control monitoring

In 2022, more than 50% of cyber related attacks occurred by human error from inside the organization. This is largely a result of cyber-attacks such as phishing emails, malware downloads, and social engineering. We believe that a culture of cyber training and awareness is paramount.