Cyber Risk Quantification – Challenges from a Risk Perspective
Session
Wednesday, November 15, 2023 11:35—11:55
Location: Satelit
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Wednesday, November 15, 2023 11:35—11:55
Location: Satelit
Modelling Cyber Risk is hard. Only a few historical data in known quality exist. Cyber Risks occur with a low frequency but their impact and severity might be high in case they come to pass. In my session I will give an inside how we got started to quantify Cyber Risks and what the challenges are to derive conclusions for risk steering and capital allocation.
Sonja Schimanski
Divisional Head Cyber Risk & NFR
Commerzbank AG
Sonja Schimanski is Divisional Head Cyber Risk & NFR at Commerzbank AG. She is responsible for steering Operational Risks in close connection with the Internal Control System Framework together...
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