RiskLens Blog

A Blueprint for Success in Building a Risk Quantification Program with RiskLens

Posted August 22, 2018 by Leanne Scott

The RiskLens Customer Success team recently updated its guidance document for operationalizing quantitative risk analysis (we call it the OQRA blueprint). It’s a compilation of lessons we’ve learned alongside our clients  ... Continue Reading

Two Milestones for the FAIR Institute: 3,000+ Members. 30% Adoption Rate

Posted August 20, 2018 by Jeff B. Copeland

The Institute behind the FAIR model (that’s Factor Analysis of Information Risk) that RiskLens supports as a Technical Advisor recently passed two milestones that confirm the growing movement to quantitative risk analysis and FAIR, the only international standard for quantification of information security and operational risk. ... Continue Reading

Case Study: ‘High Risk’ Audit Finding Doesn't Hold Up to FAIR Analysis

Posted August 20, 2018 by Tim Wynkoop

I recently worked with a retail organization to run a FAIR analysis on an audit finding and settle a difference between the IT and Internal Audit teams.  It’s a simple story but one that shows the power of quantitative risk analysis to get beyond guesswork and gut feelings ... Continue Reading

Data Breach Case Study: How RiskLens Modeled Risk Mitigation and ROI

Posted August 16, 2018 by Rachel Slabotsky

I recently worked with a large financial services organization to analyze a data breach scenario and determine the potential risk reduction (in terms of dollars and cents) that would result from implementing tokenization on key fields within a database cluster containing PII information. ... Continue Reading

Warning: Potential (Happy) Side Effects to Implementing FAIR

Posted August 10, 2018 by Taylor Maze

We’ve seen it happen: IT risk analysts who get trained on the FAIR model for cyber risk quantification, and spread the word to their internal clients, stakeholders, managers and even up to the board of directors, experience sudden feelings of accomplishment ... Continue Reading

Webinar on Demand: 4 Reasons InfoRisk Analysts Should Know FAIR

Posted August 7, 2018 by Jeff B. Copeland

If you’re looking for a no-prerequisites introduction to the FAIR model for cyber risk analysis and the RiskLens application for cyber risk quantification that runs on FAIR, take under an hour to listen to Cary Wise, our risk consultant and veteran of introducing FAIR to a long list of businesses like yours. ... Continue Reading

Introducing RiskLens Loss Exceedance Charts

Posted August 1, 2018 by Bryan Smith

Have you ever looked at the results in a RiskLens risk analysis and wondered what's the probability that a loss will hit the max? Or looked at the results and tried to answer how much risk you are comfortable with? If so the new Loss Exceedance Charts introduced in RiskLens 2.2.7 are your answer. ... Continue Reading

ISO 31000:2018 Risk Management Guidelines Are Good Advice, Up to a Point

Posted July 31, 2018 by Jeff B. Copeland

The influential International Standards Organization (ISO) updated its standard for risk management, ISO 31000, earlier this year, to make it “clearer, shorter and more concise,” the ISO said. ... Continue Reading

Directors: Cybersecurity HAS Joined ERM

Posted July 31, 2018 by Jeff B. Copeland

The 2017 Enterprise Risk Management Benchmark Survey by The Risk Management Society (RIMS) found that 73% of organizations surveyed across 14 industries report “either having fully or partially integrated ERM programs in operation” and 61% said that ERM informs and influences their corporate strategies. The driver is the increasing interdependence of risks facing enterprises. ... Continue Reading

Rate Your Team - Take the FAIR Institute’s Risk Management Maturity Survey

Posted July 24, 2018 by Jeff B. Copeland

RiskLens has partnered with the FAIR Institute to present the 2018 Risk Management Maturity Survey. Answer these structured questions to rate your risk management team’s processes and benchmark them against your peers. ... Continue Reading

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