Quantify Cyber Risk in Monetary Terms
Use data to measure cyber risk and provide actionable recommendations to mitigate risk
How is our approach differentiated?
Improved accuracy
Accurately quantify risk by using real-world data on assets and vulnerabilities, alongside security controls and breach loss information from external sources
Greater trust
Demonstrate how risk is measured by breaking it down into specific assets and applications, highlighting specific security issues contributing to that risk
Actionable recommendations
Provide specific steps to reduce cyber risk, such as remediating vulnerabilities and implementing security controls. Provide a measure of risk reduced in dollars
Executive reports
Deliver various executive reports such as risk distribution by applications, business units, ROI of security investment, and inherent, mitigated, and residual cyber risk
How Balbix’s CRQ helps CISOs
Establish credibility
With monetary measures for cyber risk, CISOs can improve communications and credibility with senior executives and better align security budgets with risk.
Rapidly lower cyber risk
Security teams can lower risk with actionable recommendations that specify specific programs, tools, and tasks to do next based on business context.
Comply with SEC
Using a quantitative approach to identify material risks, CISOs can easily establish materiality and file 8-K and 10-K disclosures describing their approach to materiality.
Lower cost
By measuring risk reduction for specific tools and programs, CISOs can consolidate or decommission tools that do not provide expected ROI.
Ready to See Balbix in Action?
Get a demo and discover how the world’s leading CISOs use Balbix as the brain of their cybersecurity programs.