ValuRisQ’s Cyber Risk Quantification platform enables you to assess, understand, and mitigate cyber risks, by interpreting risk factors into financial language and providing a near-accurate estimate of financial risk exposure to your business.
From data breaches to ransomware attacks, businesses of all sizes are vulnerable to the devastating impact of cyber threats. In such cases, protecting your organisation requires more than just cybersecurity tools; it demands a proactive approach backed by actionable data and insights.
ValuRisQ’s cyber risk quantification tool follows a four-step approach to ensure that your business’s crucial data and assets are secured from external risks.
Based on your unique objectives the software gains access to the permitted information while maintaining confidentiality and complete security. It then leverages your technology ecosystem to measure your cybersecurity maturity, collect loss information, and assess legal implications related to cyber insurance to give you a long-term outlook of your financial exposure.
ValuRisQ’s quantification models are built on extensive research and validation from several Fortune 1000 and cyber insurance companies. This step measures the inherent risk of technology assets, and the effectiveness of current cybersecurity controls, and presents findings of residual risks that allow you to make informed decisions on upgrading or incorporating better security controls.
ValuRisQ’s Cyber Risk Quantification engine then deciphers your cyber risks into financial nomenclature and presents them in a clear and concise dashboard that can be shared with your teams and executive board. It includes information about ransomware strategy, gap analysis, vulnerability remediation priorities, cyber tool ROI and roadmaps, malware exposure, and cyber insurance needs.
Finally, it provides you with a comprehensive list of actionable information that can help you understand and mitigate cyber risks to your business in financial terms. It bridges the gap between the analysis and action and allows you to understand your organisation’s financial risk exposure in quantifiable terms.
How ValuRisQ helps optimise your organisation's cyber insurance strategy
Gain a comprehensive view of your organisation’s cyber risk posture with ValuRisQ’scyber risk quantification platform that automates data and evidence collection and evaluation techniques. It allows you to get a clear picture of underlying vulnerabilities and how they impact your business.
Identify the most critical risks that could have the most significant effect on your business’s security and operations. ValuRisQ’s CRQ software helps you prioritise mitigation efforts, making your cybersecurity strategy more efficient and cost-effective.
Cybersecurity modules integrated into the CRQ tool help your team plan and prepare for security assessments, enabling continuous control monitoring. Automate patch management using data from the Vulnerability Management Scanner (VMS), prioritise incidents with the Security Incident Event Management (SIEM), mitigate threats with the Advanced Threat Prevention System (ATP), and monitor cyber range data, security awareness data and more with ValuRisQ.
ValuRisQ’s cyber risk quantification tool allows you to calculate the potential financial impact of cyber incidents. Presenting this information in front of high-level executives allows them to prioritise cybersecurity investments based on data-driven insights, minimising vague budget allocations.
The intuitive and all-inclusive cyber risk quantification platform simplifies compliance efforts by quantifying and documenting cyber risks for you. It generates comprehensive reports that resonate with executives, auditors, and decision-makers, which enables them to access & comprehend critical information with ease.
You don’t need to be a cybersecurity expert to navigate across the dashboard – RiskQ’s cyber risk quantification platform has an uncomplicated interface that is designed to ensure ease of use for everyone in your organisation.
The needs of every business are unique and the approach to cyber risk quantification must be altered accordingly. The cyber risk quantification platform can be tailored to meet your specific needs and risk profile, offering customised reporting and enhanced results.
As cyber threats and risks evolve constantly, so does the cyber risk quantification platform. The software stays up-to-date with the latest threat intelligence, ensuring your risk assessments are always relevant.
Yes, RiskQ’s cyber risk quantification platform is designed with user-friendly interfaces, making it accessible to both technical and non-technical staff. We also offer training and support to ensure ease in usability and effectiveness.