Don't 'Guesstimate' Your Cyber Risk, Use Financial Impact to Prioritize & Decide

Presented by

Rob Sloan, Director of Cybersecurity Research at Dow Jones & Ryan Stolte, Co-founder and CTO at Bay Dynamics

About this talk

Enterprises use value at risk metrics to drive most strategic decisions, except when it comes to cyber risk. Prioritizing cyber risk response and remediation is typically a guessing game that requires experts to work with the cyber and business teams to try to guesstimate probabilities of particular events and their ability to compromise each application's confidentiality, integrity and availability. Without calculating a dollar amount impact to which the business is exposed, stakeholders enterprise-wide have no way of knowing the most potentially damaging vulnerabilities and threats within their environment. This webinar will discuss why enterprises must embrace quantifying cyber risk as they do in all other parts of the business and how they can calculate the financial impact metrics needed to drive faster and more effective decision making.

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Bay Dynamics® is the market leader in cyber risk predictive analytics providing actionable visibility into organizations’ cybersecurity blind spots, complete with business risks and threats. The company’s purpose-built Risk Fabric® platform assembles and correlates relevant data from existing tools in a novel patented way to provide actionable cyber risk insights, before it’s too late. Bay Dynamics enables some of the world’s largest organizations to understand the state of their cybersecurity posture, including contextual awareness of what their insiders, vendors and bad actors are doing, which is key to effective cyber risk management