Get an estimate of the financial impact of cyber incidents or attacks in monetary terms
CYRISMA’s Risk Monetization feature gives you an estimate of the financial impact of a potential data breach or ransomware attack based on the value of your data and infrastructure assets, and a per record breakdown of sensitive datasets. The platform also gives you an estimate of residual risk in dollars, and what you can do to reduce this.
With attack impact presented in specific dollar amounts, you are much better placed to get leadership buy-in on increasing security investment than if you talked in technical terms alone.
Know the Value of your Data
The end goal of most cybercriminals trying to breach networks is to get to an organization’s crown jewels, or business-critical data. The greater awareness you have about the value of your own or your clients’ sensitive data, the better placed you will be to protect this data. CYRISMA’s Risk Monetization feature allows you to see what your data is worth on the dark web based on the type of sensitive data you have stored on your systems, and the per record value of this data. Combined with the Data Discovery feature of the platform, the Risk Monetization tool lets you see exactly what you stand to lose financially if you are hit by an attack. The platform also provides an estimate of the recovery costs after a ransomware attack, based on the cost to recover computers, employees’ downtime, and the value of the data that may be exfiltrated. Additionally, you can see your own or your clients’ breach notification costs – something that is often overlooked when organizations assess the financial impact of an attack. A breach results not only in direct financial loss, but also reputational loss and damage to your brand, which ultimately impacts sales and revenue.
Understand your residual risk and how to reduce it
The Power of CYRISMA
Optimize Cyber Risk Management with our multi-feature SaaS platform
CYRISMA allows you to Discover, Understand, Mitigate, and Manage cyber risk with efficiency and speed