Buyer s Guide. What you need to know before selecting a cyber risk analytics solution

Transcription

1 Buyer s Guide What you need to kw before selecting a cyber risk analytics solution

2 Introduction Why Cyber Risk Management? 10% Magnified Risk, Amplified Costs In response to the unprecedented acceleration of digital transformation, cyber threats are increasing in scope and sophistication every day. This has magnified security risks and increased the influence they have on how companies do business. To compete in business today, organizations must understand and address the entire, hyperdimensional landscape of cybersecurity. How are you measuring your cyber risks in relation to the business? Less than 10% of companies have a cyber risk management program integrated across finance, ops, legal, and IT The million dollar question is gaining momentum: I m investing in security, so why am I still getting hacked? How to Use This Guide This Buyer s Guide is intended to assist you in identifying solution features and tools to facilitate a deeper understanding of your cyber risks in relation to your business. 91% of boards cant interpret their cyber reports 2 Nehemiah Security Buyer s Guide

3 Where Do You Stand? Answer the questions to understand which problems you re wrestling with. 1. Do you have a timely understanding of developing risks in your environment? 2. Are you able to prioritize security risks and optimize limited resources? 3. Are you confident in your ability to defend how your security posture is measured? 4. Can you effectively lead informed discussions with business executives when managing cyber risks? 5. Does your organization currently weigh cyber risks against the enterprise risk register? 3 Nehemiah Security Buyer s Guide

4 3 Considerations When Choosing Your Cyber Risk Analytics Solution 1. Continuously Gather Data Map the environment from network topology, vulnerabilities, and controls Understand business priorities, application, and risk appetite Support the capacity to ingest large amounts of disparate data 2. Compute Risks Automatically Leverage data science to model risks in context of industry intel Quantify business impacts of cyberattacks in financial terms Understand and defend risk calculations as well as source of inputs We believe that cyber risk management program can succeed without quantifying and understanding cyber risk from the business perspective VP, Global InfoSec 3. Enable Risk Mitigation Align cyber risk prioritization with business strategy Trace potential business loses directly to area of impact Optimize limited resources and increase efficacy of security operations 4 Nehemiah Security Buyer s Guide

5 A New Risk Analytics Platform RQ Risk Quantifier combines your existing data with our database of attack and loss intelligence to compute the financial loss of a cyberattack and recommend mitigations that provide the best financial return. Ultimately, business and security leaders can RQ is a decision support platform that enables organizations to understand the financial exposure from a cyberattack and trace back to the area of impact. RQ make collaborative and strategic decisions on how to transfer or mitigate those prioritized cyber risks. Answering key business questions To quantify cyber risks, RQ considers all dimensions: the Business, IT, and the Attacker. Equipped with this perspective, the following key questions can be answered to enable a sound business strategy for cyber: What s my risk? How does it happen? Where s the impact? What should I do? Determine what business Understand how the at- Trace where in the IT Empower informed risk assets are exposed: mon- tacker reached the asset environment a risk can mitigation for prioritized ey, data, reputation, or and what controls were be realized. Detail the cyber risks. Compute ROI enterprise value. Register circumvented. Assess correlation between of security investments to risks with the enterprise the efficacy of security business assets and IT justify initiatives. priorities. controls. applications to support mitigation efforts. About Nehemiah Security Nehemiah Security works with enterprises around the world to elevate the security conversation and answer the question, How does cyber risk impact my business? Our mission is to empower security leaders to integrate their operations into the suite of functions corporations monitor and invest in every day. Request a demo today. Call or sales@nehemiahsecurity.com 8330 Boone Blvd, Suite 200, Tysons, VA sales@nehemiahsecurity.com