Executive Board Reporting, a new service from RiskLens, provides customized, quarterly cyber risk reports in non-technical, business-friendly formats suitable for presentation to the board, executive leadership, and other critical stakeholders. These reports include Top Risk Reports, measurable Risk Appetite Statements, key Cost-Benefit Analyses and more.
All reports are delivered by certified RiskLens cyber risk consultants with decades of experience assessing, communicating, and reporting on cyber risk to enterprise customers – all without the need for in-house cyber risk analysis expertise or resources.
The RiskLens Executive Board Reporting Service is superior to other similar reporting services for the following three reasons:
1. Based on an open, trusted, and defensible standard: FAIR™
Board members are answerable to shareholders, customers, and regulators for the performance of the organization in cybersecurity and they in turn demand reporting from executive leadership on cyber risk that is transparent and defensible. “Qualitative” risk reporting based on a security team’s guesswork or “black box” solutions from software vendors don’t meet the challenge. RiskLens bases its cyber risk analysis work on FAIR (Factor Analysis of Information Risk), the only open and independently-validated standard for cyber risk quantification (CRQ) recognized by the NIST Cybersecurity Framework and other authorities.
2. Aligned with National Association of Corporate Directors and World Economic Forum principles for cyber risk oversight and governance
3. Grounded in industry benchmark data
Cyber risk quantification offers the most effective way to create a common language between technical and business decision makers. For more than a decade, RiskLens has served hundreds of organizations of all industries and sizes, and with a range of CRQ priorities and unique reporting needs. Contact us to learn how the Executive Board Reporting service can bring the benefits of CRQ to your organization.