Organizations struggle with quantifying cyber risks due to the overwhelming information available, which complicates their ability to assess and prioritize risks. Many companies engage in a cycle of addressing risks reactively rather than developing a comprehensive risk management approach. Risk quantification, particularly through the lens of Value at Risk, allows them to frame potential threats in monetary terms, simplifying the decision-making process around risk mitigation.
A Risk Operations Center (ROC) serves as a central hub for analyzing risk data from various sources, enabling proactive security management. By consolidating information related to assets, alerts, and threat intelligence, the ROC provides organizations with a real-time view of their risk landscape. This not only helps in understanding potential losses but also aids in communicating the importance of cybersecurity investments to business leaders, ensuring that cyber risk is prioritized in business discussions and decisions.
👉 Pročitaj original: CIO Magazine
