Quantify risk for investment decisions
Use FAIR analysis, the Monte Carlo loss distribution, and the financial and ROI model to turn risk into expected loss and investment return the board can act on.
Try it in CybervergentOverview
Express risk in financial terms to justify and prioritize security and compliance spend.
Step-by-step
- 1 In the sidebar, open 'Report' then 'Executive Overview' (requires executive access).
- 2 In 'FAIR Risk Analysis', read the annual loss expectancy, breach probability, and loss magnitude, with the risk scenarios behind them.
- 3 In 'Monte Carlo Simulation', use the loss distribution and percentiles to frame the range of outcomes.
- 4 In 'Financial & ROI Analysis', review cost avoided, current exposure, and the investment model with projected ROI.
- 5 Use the control efficiency and recommendations to direct spend at the controls that reduce the most expected loss.
- 6 Bring the quantified case to the board to prioritize and justify investment.