Assessing risks in cybersecurity using numbers can be tough. It often leads to misunderstandings. Here are some key points to consider:
Loss Probability: Figuring out how much money we could lose is tricky. This is because cyber attacks can happen in many ways and technology keeps changing. To get better estimates, we can look at past data and gather information about current threats.
Asset Value: What something is worth can differ from one company to another. It’s important to have a standard way to decide how valuable each asset is. This helps everyone understand what is most important.
Impact Severity: It's not always easy to tell how bad the effects of a cyber attack could be. To understand this better, we can run simulations or think through different scenarios to see what might happen.
Risk Exposure: Calculating overall risk can be complicated. Sometimes, this complexity can hide important information. Using advanced methods, like Monte Carlo simulations, can help us see the risks more clearly.
Even though it sounds tough, improving how we collect data and using benchmarks from the industry can make these assessments better.
Assessing risks in cybersecurity using numbers can be tough. It often leads to misunderstandings. Here are some key points to consider:
Loss Probability: Figuring out how much money we could lose is tricky. This is because cyber attacks can happen in many ways and technology keeps changing. To get better estimates, we can look at past data and gather information about current threats.
Asset Value: What something is worth can differ from one company to another. It’s important to have a standard way to decide how valuable each asset is. This helps everyone understand what is most important.
Impact Severity: It's not always easy to tell how bad the effects of a cyber attack could be. To understand this better, we can run simulations or think through different scenarios to see what might happen.
Risk Exposure: Calculating overall risk can be complicated. Sometimes, this complexity can hide important information. Using advanced methods, like Monte Carlo simulations, can help us see the risks more clearly.
Even though it sounds tough, improving how we collect data and using benchmarks from the industry can make these assessments better.