Value at Risk: Mapping Cyber Risk to Quantifiable Mission Impact
No matter how many resources they have at their fingertips, cyber security experts struggle to keep up with the overwhelming number of threats and vulnerabilities standing in their way. Cyber security is a hectic grind with tens of thousands of security events cropping up across hundreds of different applications each day. Each of these applications usually run with countless open vulnerabilities plaguing their infrastructure, waiting for fixes. To make matters worse , more than a few users who tap into these applications engage in some sort of risky behavior, intentional or careless, that needs to be curtailed.
There’s never enough time or resources to address all of these problems, so effective cyber security depends on effective prioritization. Ideally, that prioritization should be indexed against quantifiable risk measures, whether through fiscal impact or severity of impact to the mission.
If government agencies are to take their cyber risk programs to the next level, they need to translate cyber security into the language of risk. This takes discipline and the right technology to establish the practical application of a metric called Value at Risk (VaR). Read this white paper to learn how Bay Dynamics application value at risk enables agencies to prioritize cyber security activities based on potential impact.