The World Economic Forum and its partners have developed and shared a way for organizations to calculate the impact of cyber security threats. The framework, called cyber value-at-risk comes at a time when cyberattacks are increasing in velocity and intensity, and when 90% of companies worldwide recognize they are insufficiently prepared to protect themselves against them.
Download the full report here: Partnering for Cyber Resilience Towards the Quantification of Cyber Threats
I feel honored to have been one of the participants in the development of this. The project is led by Elena Kvochko and team of the World Economic Forum in collaboration with Deliotte and other Forum partners.
The World Economic Forum announced this today at the annual meeting in Davos.
(Source: WEF Press Release: New Framework to Help Companies Calculate Risk of Cyberattacks)