RiskLens Blog

Case Study: Evaluating ROI of Data Loss Prevention Controls

Posted January 18, 2019 by Taylor Maze

Sometimes, the hardest part of risk management is identifying the areas of weakness within your environment. I would argue, however, that more often than not, the more difficult undertaking is deciding how to address said weaknesses. ... Continue Reading

Three “Surprises” from a FAIR Cyber Risk Analysis

Posted January 17, 2019 by Brock Krawczun

We recently conducted an engagement with a bank analyzing the risk associated with wire fraud. The outcome surprised some of the team who went through the process. One of the biggest overall findings was that the loss exposure was significantly less than expected ... Continue Reading

Case Study: RiskLens Clarifies Complicated Decision on Multifactor Authentication

Posted November 21, 2018 by Tim Wynkoop

I recently ran an analysis for a major bank that I think shows the power of both the FAIR Model for thinking through cybersecurity investment decisions and the power of the RiskLens CRQ platform for quickly running the numbers to support those decisions, often with surprising results.   ... Continue Reading

New eBook: Set Up Your FAIR Program in 7 Steps

Posted November 5, 2018 by Jeff B. Copeland

If you’re considering introducing FAIR to your organization, building a quantitative risk management program, and enabling cost-effective decision making but are unsure of how to take the next (or first) step, the new eBook from FAIR creator Jack Jones An Adoption Guide for FAIR, is an action plan in seven steps. ... Continue Reading

Case Study Webinar: RiskLens Settles a Decision on Controls Investment

Posted October 23, 2018 by Jeff B. Copeland

Listen to this webinar on demand to hear RiskLens Consultant Taylor Chester tell the story of a recent engagement with a large financial organization that started with a basic question: How to decide between two types of controls (purging data or tokenizing records) to protect against malicious exfiltration of data? ... Continue Reading

Wall St. Journal Says FAIR Helps Companies ‘Better Understand Cost of Cyber Threats’

Posted October 18, 2018 by Jeff B. Copeland

The Journal’s WSJ Pro Cybersecurity’s Cyber Daily newsletter took a look at Charles Schwab Corp.’s rollout of Factor Analysis of Information Risk, the FAIR model that powers the RiskLens platform – and liked what it saw. ... Continue Reading

Case Study: Reducing Web Application Attack Risk with RiskLens

Posted September 14, 2018 by Taylor Maze

Recently, I worked with a company in the media industry that was interested in a quantitative cyber risk assessment of their current risk related to a web application attack aimed at exfiltrating customer PII from an internal database. ... 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

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