With cyberattacks on the rise, it has never been more important to understand the financial impact of a potential event. Cyber risk quantification — the process of repeatedly and sustainably measuring enterprise cyber risk in terms and metrics relevant to your organisation’s operations and strategy — helps organisations to do just that.
Cyber risk quantification further helps organisations make data-driven decisions on their cyber insurance spend, align cyber risk with enterprise strategy, and understand the effectiveness of their cybersecurity investments.
In this informative video, Marsh’s Allie Pan discusses how cyber risk quantification can better inform decisions on cyber insurance spending and what key questions risk managers should be asking themselves about quantification.
Senior Vice President, Emerging Risks, Marsh
As a senior vice president in Marsh’s Emerging Risks Practice, Allie Pan is responsible for helping clients understand their strategic risks, especially in nascent and complex peril classes such as cyber, climate, violent threats, and supply and value chains.
Watch our series to learn how cyber risk quantification can help enterprises express cyber risk in financial terms.
