Determining financial risk based on cybersecurity data for remediation thereof
Systems and methods for analyzing cybersecurity data to determine financial risk include obtaining cybersecurity monitoring data for an organization where the cybersecurity monitoring data is from a plurality of sources including from cybersecurity monitoring of a plurality of users associated with...
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| creator | Thamilarasu, Karthikeyan Raymond-Smith, Lisa Symes, Gary Chen, Shanghao Shete, Shriyash Vogt, Florian Jian, Shawn Poh Wei Turek, Michael |
| description | Systems and methods for analyzing cybersecurity data to determine financial risk include obtaining cybersecurity monitoring data for an organization where the cybersecurity monitoring data is from a plurality of sources including from cybersecurity monitoring of a plurality of users associated with the organization; determining a current cyber risk posture of the organization based on the cybersecurity monitoring data; determining inputs for a Monte Carlo simulation to characterize financial losses of the organization due to a cyber event in a predetermined time period based on (1) an associated industry of the organization, (2) a size of the organization, and (3) the current cyber risk posture of the organization; performing a plurality of trials of the Monte Carlo simulation utilizing the inputs; and displaying a risk distribution curve based on results of the plurality of trials where the risk distribution curve plots a curve of losses versus a probability. |
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| subjects | ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION |
| title | Determining financial risk based on cybersecurity data for remediation thereof |
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