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Showing 62 posts about Cyber Risk Quantification

Transforming Third-Party Risk Strategy with Financial Risk Quantification & SecurityScorecard

Organizations today rely heavily on third-party vendors to support their operations (e.g., call centers, shipping centers, data storage providers, etc.). While these partnerships offer numerous benefits, they can also introduce significant cyber risks. Managing a complex network of vendors can be difficult, as traditional risk assessments often don’t provide a clear or measurable view of […]

Posted Feb 25th, 2025

Cyber Risk Quantification

Evolve Your Cyber Risk Management with ThreatConnect Risk Quantifier 7.9

With the release of ThreatConnect RQ 7.9, organizations have access to new, powerful tools designed to improve cyber risk management. This release focuses on addressing common challenges in risk communication, enhancing technical risk analysis, and providing an improved user experience across RQ. The Challenge of Qualitative Risk Measures One longstanding challenge is effectively communicating qualitative […]

Posted Jul 23rd, 2024

Cyber Risk Quantification

Recognizing the Limitations of FAIR

Story time. I recently had the opportunity to work with a large organization in the healthcare insurance industry. They wanted to adopt cyber risk quantification (CRQ) and really liked the FAIR model. The customer came to ThreatConnect and stated “we don’t need all the bells and whistles; we just want to be able to use […]

Posted May 31st, 2024

Cyber Risk Quantification

Understanding the SEC’s Recent Cybersecurity Regulations

In a recent webinar, Addressing the SEC Requirements for Materiality Disclosure, industry experts shed light on the intricate balance between cybersecurity management and the new regulatory requirements enforced by the Securities and Exchange Commission (SEC). They discussed the critical aspects of risk management, emphasizing the importance of quantifying cybersecurity risk and the role of executive […]

Posted May 8th, 2024

Cyber Risk Quantification

Announcing Risk Quantifier 7.7 and Introducing RQ Impacts

I’m excited to announce the latest version of ThreatConnect Risk Quantifier (RQ) and a new addition to the RQ solution family, RQ Impacts! Introducing RQ Impacts RQ Impacts is a simplified version of RQ Enterprise that helps answer common cyber risk questions businesses face quickly and easily. You don’t need to be a cyber risk […]

Posted Apr 30th, 2024

Cyber Risk Quantification

ThreatConnect RQ Integration With ServiceNow To Enhance Governance, Risk, and Compliance Is Now Available

Many organizations face the challenge of operating across multiple platforms, making managing cyber risk as part of their cybersecurity strategy daunting. Traditional cyber risk management programs often utilize Governance, Risk, and Compliance (GRC) heatmaps that use shades of red, yellow, and green, with qualitative terms, ratings, and scores as risk measurements. However, these methods make […]

Posted Apr 16th, 2024

Cyber Risk Quantification

Introducing the ThreatConnect Buyer’s Guide for Cyber Risk Quantification Solutions

Cyber attacks have surged to the forefront of significant enterprise risk factors in the modern business landscape. As businesses continue to embrace digital transformations, the resultant increase of their attack surface leads to increased exposure and successful cyber attacks, creating substantial risk. Why? Cyber risks fundamentally differ from traditional risks businesses face and, thus, are […]

Posted Mar 18th, 2024

Cyber Risk Quantification

ThreatConnect Celebrates 2023 as a Banner Year for Business Growth, Product Innovation, and Industry Recognition

2023 marked a tremendous year for ThreatConnect, with strong new business growth, increasing customer loyalty and expansion, market-leading product innovation, and widespread industry recognition. Adding, Retaining, and Expanding Marquee Customer Relationships ThreatConnect had substantial new customer growth in both its threat intelligence operations and cyber risk quantification (CRQ) businesses. A particular highlight was the growth […]

Posted Feb 12th, 2024

Cyber Risk Quantification

FAIRCon 2023 Wrap-up Part 2: More Highlights and Takeaways

In this blog, I continue the thoughts and insights from my previous blog about FAIRCon 2023. Making Cyber Risk Quantification (CRQ) more actionable and showing value is vital to the success of your risk management program. Another way to make CRQ more actionable is to leverage it to help prioritize vulnerabilities. During FAIRCON, there was […]

Posted Jan 18th, 2024

Cyber Risk Quantification

From Frustration to Clarity: The Importance of Quantifying Risks in Risk Management

Cyber Risk Quantification should be part of any Risk Management program because quantifying risk enables better business and cybersecurity decision-making, in addition to increasing need driven by frameworks and regulations, such as the proposed changes to NIST Cybersecurity Framework 2.0 and the recent US SEC Cybersecurity Rules. Given my past experience both working in & […]

Posted Jan 11th, 2024

Cyber Risk Quantification

What Is Strategic Risk Quantification?

Authored By: Andrew Dillin, Threat Intelligence Lead – Cyber & Physical at NatWest Group A question posed to me following an earlier LinkedIn post of mine. Is there a good way of working out if you are being targeted more than your peers? How sustained or capable the threat is etc? Organizations will normally have […]

Posted Dec 20th, 2023

Cyber Risk Quantification

FAIRCon 2023 Wrap-up – Our Biggest Highlights and Takeaways

I had the privilege of attending FAIRCON ‘23 Embrace Digital: Managing the Risk of Digital Transformation, Cloud, and AI this year, not as a speaker or a sponsor but as an attendee. It was great being able to catch up with people and to hear how organizations are advancing their cyber risk quantification (CRQ) programs. […]

Posted Nov 7th, 2023