In 2019, Alpine Capital Bank wanted to quickly understand its state of cyber maturity and quantify the potential impact of priority cyber risks. Management's goal was to calculate its financial exposure and improve cyber posture based on the findings. Alpine turned to Axio for a solution.
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Companies that measure cyber
risk using "high, medium, low,"
or "red, yellow, green" have
essentially no visibility into their
real financial exposure.
Such qualitative approaches do not
give CEOs the information they need
to know how and where to invest to
minimize their risk effectively.
As cyber events continue to increase in volume, frequency, and impact,
protecting your organization must be a top priority. To optimize your company's
preparedness to address cyber risks, you need industry guidelines to drive
your cybersecurity program forward, using an assessment against guidelines
Reporting Cyber Risk is More than
a Traffic Light
Using "high, medium, low" or "red, yellow,
green" to measure cyber risk is not enough.
This method is outdated, unreliable and
insufficient. CEOs and other C-Suite
executives require an approach that helps
them decide which cyber controls -...
As technological presence expands in organizations, the risk of cyber events will continue to increase.
Cyber risk management should be treated as a top priority. Organizations often use assessments to
capture a snapshot in time, but it can be used for much more. Assessments can provide organizations
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