In today’s business landscape, organizations are dedicating more effort than ever to cybersecurity. Boards of directors are increasingly focused on the return on investment of cybersecurity and executive teams are demanding greater insight into the impact of cyberattacks on the organization as a whole.

Cyber risk quantification (CRQ) has emerged as a way to put a dollar figure on cyber risk. CRQ helps the leadership team and board of directors understand the organization’s current risk exposure and the potential financial and business impact of that risk in business terms. It can also provide the information that security leaders need in order to prioritize cybersecurity investments, articulate a budget, and plan effectively.