Most organisations still lack the ability to effectively measure the financial impact of cyberattacks. A recent Marsh global survey underscored this trend, finding that nearly three-quarters of organisations do not measure enterprise cyber risk in financial terms.
Cyber risk quantification enables organisations to conceptualise cyber risk in the same way as other enterprise risks. In addition to providing organisations with a common language that they can use to express risk, cyber risk quantification also helps bridge cyber risk strategy and enterprise strategy.
In this video, Marsh shares insights from its client base on quantification, and distills them into the top three questions enterprises should consider when aligning cyber risk objectives with corporate strategy.