Risk quantification has long been an imperative topic for security leadership, but now more than ever, boards of directors and C-Suite executives are acutely invested in how their organizations are performing from a security risk perspective. Publicity garnered from cyber events is at a greater scale than has ever been seen, as are the liabilities. While each level of leadership is playing for the same team, the focus and methods in which each comes to a “win” can be entirely contrasting. This begs the question, how can boards, the C-suite, and security leadership all get what they want in terms of quantifying risk, while ultimately working together for the long-term benefit of the business?
As we’ll see in more detail, quantifying risk not only allows security leadership to build a stronger, more holistic security program, but it’s a key step in acquiring proper security funding as well.