Protecting the Business From Software Supply Chain Threats

Effective Cyber Risk Quantification Through Automation

The webinar took place on Thursday, June 02, 2022
Webinar Presentation Mike Small
Webinar Presentation Chris Griffith

Watch the Recording

Attend this webinar to learn how to:

  • Align cyber risk with business risk by quantifying cyber risk in monetary terms.
  • Improve communication between security, senior leaders, and board members.
  • Enable security leaders to prioritize the most significant risks based on threats with the biggest financial impact to their business.
  • Increase board and executive management’s confidence in their security program.
  • Enable security leaders to rationalize their cybersecurity budget, justify investments, and demonstrate the value of their cybersecurity program.

How to Align Cyber Risk With Business Risk in Real Time

Continual high-profile cyber incidents demonstrate beyond a doubt that cyber risks exist, but most organizations struggle to quantify cyber risk in a useful way. There is an urgent need for IT security leaders to find a common way to express cyber risk in monetary terms, that business leaders understand to enable effective risk management and security investment.

Join experts from KuppingerCole Analysts and cybersecurity posture automation firm Balbix as they discuss the need for a common measure of cyber risk, the benefits of effective cyber risk quantification, the traditional challenges, and how AI-supported automation can deliver a practical solution to aligning risk ownership and accountability.

Speakers Contribution

Mike Small, Senior Analyst at KuppingerCole will describe the various approaches to quantifying cyber risk, the shortcomings of those approaches, and the need to move away from operational metrics that do not show how an organization’s information security program protects and enables revenue.

Chris Griffith VP, Products at Balbix will discuss the challenges facing security leaders, and the potential for underinvestment in risk management and increased risk exposure. He will also describe how Balbix Cyber Risk Quantification uses AI to produce a single, comprehensive view of cyber risk in commonly understood monetary terms to enable organizations to prioritize and fix vulnerabilities.

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Chris Griffith leads product management for Balbix. Chris brings over 15 years as a product, business development and strategy leader in security and technology. Prior to Balbix, Chris led tech alliances for Hewlett Packard Enterprise’s (HPE) security portfolio. Chris also ran product...

Mike Small is the retired director of security management strategy of CA, where he was responsible for the technical strategy for CA's security management software product line within Europe, Middle East and Africa. Mike did work for CA between 1994 and 2009, where he developed CA’s...

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