Join us for a webinar: RiskLens CRQ Use Case Series: Enterprise Top Risk Reporting, May 18, 11 AM EDT, learn to use top risk reporting in your organization.
Organizations typically have a long list of perceived risks centered on concerns (data breach, business interruption), assets to be protected (a crown jewel database, an order fulfillment system) and threats (insider or external). Bringing FAIR™ (Factor Analysis of Information Risk) to bear, analysts can boil these down to loss event scenarios that can be quantified for probable frequency and magnitude of impact, then ranked for loss exposure leveraging product features that drive rapid risk analyses. Top risk analysis is often performed for a business unit or line of business but could cover the entire enterprise.
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Cyber Risk Landscape Clarity: Putting Your Risk Ecosystem in Context with FAIR
RiskLens Top Risk Reporting
The most severe risks are candidates for deeper analysis on the RiskLens platform to understand the drivers of risk and what would be the most effective mitigations to reduce loss exposure in dollar terms. With RiskLens Risk Treatment Analysis, analysts can compare the effect of various controls – factor in the cost of the controls and you have a comparative cost/benefit analysis.
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How to Conduct a Detailed Analysis of a Top Cyber Risk with RiskLens
Top risk assessments can show enterprise or business-unit risk managers where risk may be lurking in unsuspected places. With RiskLens, they can track risk across the organization using Portfolios, highly flexible, automated reporting with customizable dashboards that aggregate risk scenarios by business unit, revenue stream, strategic initiative, assets, attack vectors or any other category the organization might demand.
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Explain Cyber Risk to the Board and C-suite with Portfolios
RiskLens Portfolio Reporting by Business Unit
Risk and security organizations can show their boards and regulators that they are proactively looking out for risk exposure in financial terms, particularly at material levels. The RiskLens platform generates top risk reporting in non-technical terms ready for presentation, and exports reporting via API to popular dashboards such as Microsoft Power BI, Oracle, SAP or Tableau to incorporate in the ongoing reporting in the organization.
Learn more in a webinar: RiskLens CRQ Use Case Series: Enterprise Top Risk Reporting
How does an infosec team prioritize among five different “high risk” audit findings – particularly when they suspect none of them are truly high risk? A quick top risk analysis, drawing on RiskLens Data Helpers, the prepackaged frequency and magnitude data pulled from the organization’s records or standard industry data, sorts it out. Similarly, prioritize among compliance actions for NIST CSF or other standards and frameworks by mapping risk scenarios to the recommendations, then ranking the risks for loss exposure.
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Taking the Guesswork Out of Exception Mitigation for IT Audit
Get More Value from NIST CSF, MITRE ATT&CK and COSO ERM with RiskLens