|
By Kovrr
As a part of its ongoing commitment to providing chief information security officers (CISOs) with practicable insights that guide high-level cyber risk management decision-making, Kovrr's latest model update increases the number of yearly trials in its Monte Carlo simulation by 150%.
|
By Kovrr
The evolution of the cyber risk management landscape is constant, and with each passing year, market players find themselves in the position of having to readjust their strategies, whether in brand positioning, cybersecurity, or beyond, to account for these consequent changes. While some of the shifts are welcome, others are less so. Nevertheless, all require careful foresight.
|
By Kovrr
As the cost and frequency of cyber events grow, technologies evolve, and regulatory bodies enact stricter cybersecurity laws on the market, it’s become exceedingly clear that elevating cyber matters to the boardroom is a strategic imperative.
|
By Kovrr
A cybersecurity risk assessment, or cyber risk assessment, is a standardized process that organizations have established along with their implementation of cloud-based technologies to discover the accompanying vulnerabilities and threats. These assessments leverage the available, relevant data to identify the likelihood of various cybersecurity events occurring along with the potential impact should they come to fruition.
|
By Kovrr
Managing risk is a part of life, whether it's in the personal, private, public, or professional spheres, but often, these various areas of vulnerability are addressed in isolation. In the corporate world, too, the various components of business risk were once tackled as mutually exclusive, with each departmental leader focusing on their sole area of expertise.
|
By Kovrr
Security is no longer solely confined to the physical, dependent on bodily actions. With the advent of the internet, the mechanisms necessary for safeguarding assets and even lives have expanded into the cyber realm, where the risks can be even more complex. Indeed, a single cyber event has the power to render hospitals nonfunctional, halt mass transportation, block financial transactions, and cause billions of dollars worth of damages.
|
By Kovrr
On-demand cyber risk quantification (CRQ) models have the power to assess an organization’s unique risk profile and, subsequently, generate data-driven insights that facilitate informed risk management decisions. The basis of these insights is grounded on a probabilistic approach to event forecasting, which involves simulating thousands of potential cyber scenarios a business may experience over a given period, typically the upcoming year.
|
By Kovrr
In response to the growing number of disparate cyber regulations across its member states, resulting in inconsistent cybersecurity practices, the EU drafted Directive 2022/2555, more commonly known as NIS 2. This sweeping directive, officially in effect in October 2024, aims to ensure a more uniform, proactive approach to cyber risk management across the union in the face of an interdependent market and increasingly costly risk landscape.
|
By Kovrr
From the individual to the global level, managing risk is a part of life. While in some contexts, poor risk planning merely results in minor, inconsequential outcomes, in others, such negligence can be catastrophic. Take the July 2024 CrowdStrike incident, for instance, during which a faulty software update put global airlines out of commission, took broadcasters off the air, and cost the market upward of $5 billion in uninsured losses.
|
By Kovrr
Over the past few decades, money has steadily transformed from a material entity to a digital one. Worldwide, people rely on the cyber realm to pay their bills, shop for food, and perform many other everyday activities. Corporations, too, particularly following the 2020 pandemic, are largely dependent on cloud-based operations, utilizing various management platforms and storing massive amounts of data online.
|
By Kovrr
Join us for a monthly insightful session where each month we will: Walkthrough our CRQ platform Unveil exciting new product features (when applicable)
|
By Kovrr
Join us for a monthly insightful session where each month we will: Walkthrough our CRQ platform Unveil exciting new product features (when applicable)
|
By Kovrr
Join us for a monthly insightful session where each month we will: Walkthrough our CRQ platform Unveil exciting new product features (when applicable) Conduct Interactive Q&A Session.
|
By Kovrr
Join Kovrr and Dmitriy Sokolovskiy, former CISO at Avid, as he shares his experience and provides highlights and Insights on his CRQ Journey. Some of the topics that Dmitriy will discuss.
|
By Kovrr
On Demand webinar on the topic of Leveraging CRQ for Effective Board Level Decision Making.
|
By Kovrr
By its nature, cyber risk is dynamic. New events happen and evolve all the time, making it difficult for enterprises to financially quantify their financial exposure to cyber attacks. Around two years ago, for example, distributed denial-of-service (DDoS) attacks were making headlines, and now ransomware has come into heightened focus. It's reasonable to believe that other types of attacks will emerge in another two years and continue to change thereafter.
|
By Kovrr
The number of data breaches reported in the first 6 months of 2022 has put this year on track to be the lowest year of reports in the last 5 years for large US corporations. By looking at the rate at which data breach events have been reported so far this year, we predict that the number of events reported is expected to be 15-20% of the number of breaches reported in 2021
|
By Kovrr
The 2022 Verizon Data Breach Investigations Report (DBIR), the fifteenth such report in as many years, leads off with a startling statistic: Credentials are the number one overall attack vector hackers use in data breaches. Use of stolen credentials accounts for nearly half the breaches studied by Verizon, far ahead of phishing and exploit vulnerabilities, which account for 19% and 8% of attacks, respectively. Botnets, the fourth most common entry path for hackers, represent a mere 1% of attacks.
- December 2024 (1)
- November 2024 (1)
- October 2024 (4)
- September 2024 (3)
- August 2024 (1)
- July 2024 (4)
- June 2024 (3)
- May 2024 (5)
- April 2024 (4)
- March 2024 (3)
- February 2024 (4)
- January 2024 (11)
- December 2023 (5)
- November 2023 (1)
- October 2023 (4)
- September 2023 (1)
- August 2023 (4)
- July 2023 (3)
- June 2023 (2)
- May 2023 (1)
- April 2023 (2)
- March 2023 (4)
- February 2023 (13)
- January 2023 (6)
- December 2022 (2)
- November 2022 (2)
- July 2022 (3)
- June 2022 (1)
- October 2020 (1)
Kovrr financially quantifies cyber risk on demand. Our technology enables decision makers to seamlessly drive actionable cyber risk management decisions.
Kovrr's Quantum Cyber Risk Quantification platform enables decision makers to understand and financially quantify the changing profile of their cyber risk exposure.
Cyber Risk Management Made Easy:
- Communicate Cyber Risk in Financial Terms: Enhance the board and C-Suite’s decision-making process by financially quantifying cyber risk.
- Cybersecurity Investment Optimization: Prioritize and justify cybersecurity investments based on business impacts and risk reduction.
- Measure Cyber Security Programs’ Effectiveness: Assess the ROI of your cybersecurity program and stress test it based on potential risk mitigation actions, thereby supporting better resource allocation.
- 3rd Party Vendors Cyber Risk Exposure Analysis: Financially quantify cyber risk within your supply chain. Gain insights Into 3rd and 4th party exposure.
- Regulatory Compliance and Governance Reporting: Meet increased demands from regulators to continuously quantify and manage cyber risk exposure.
- Cyber Insurance Coverage and Price Optimization: Identify gaps between risk mitigation impact versus risk cyber insurance spending and needed coverage for 1st party and 3rd party.
- Quantitatively Benchmark and Compare your Cyber Risk Exposure: Benchmark to your industry peers and internally compare between different business entities in a consistent, measurable and accurate way.
A cyber risk management platform to quantify custom cyber risk scenarios.