How To Understand The Risks Of Cyber Risk

Transcription

1 Risk Analytics Business Intelligence for Cyber Risk Uncertainty Companies today face new challenges measuring the risks of IT dependence against the evolving nature of new technologies. The explosion of the Information Economy has made it harder for companies to understand how these new technologies impact risk profiles. CyberFactors Intelligence. Analytics. ANSWERS.

2 Technology Has Created New Risk "The future of Cyber Risk is not about IT compliance or even better security. Risk management in this world means understanding the dynamic patterns of technology risk and data aggregation as our world depends ever more on technology and the Internet. Michelle Dennedy VP of Privacy and Security, Oracle

3 How Do You Drive Better Understanding of Cyber Risk and Liability? By having a company that offers predictive modeling solutions and provides real- time decision analytics specific to your Industry Analytics Measure What Matters Large- scale analysis and ongoing research of individual CyberEvents that gives your company the research it needs Gain Insight Into Risk- Curves of New Technologies Gain insight into new advancements such as cloud computing, social media and other emerging technologies against financial risk- curves associated with corporate adoption to these new technologies Connect the Dots of Dynamic Shifts in Cyber Risk Patterns Heightened understanding of internal risk vs. external trends to gain a sharper understanding to make security and risk decisions on a shorter and more actionable time cycle Understand What the Information Age Means to Your Business See the blind spots of any business risk, liability or loss that was related to, created by or exacerbated by the presence of information technology; Stay ahead of the financial impact by understanding the financial liabilities and aggregate threat patterns Manage financial risk by avoiding concentrations of cyber risk

4 Analytics at the Speed of Your Business Collect better data and gain valuable cyber risk insights like never before CyberFactors Product Editions

5 Greater Insight for Enhanced Understanding Keep Tabs on new CyberEvents Concise snapshot of newly reported/publicized CyberEvents across all industries and sectors Value Financial Impact Trends Monitor financial tails, severity and average cost per CyberEvent with reporting available by distinct industries/sectors, event origin, varying data sets and much more Understand Legal Patterns New lawsuits, changes/judgments in existing litigation and statistics on the type of CyberEvents that lead to litigation Elegant Intuitive Modeling Concise Reporting Visual Graphics Multi- Factor approach Meaningful Variables Identify Security Threat Patterns Understand financial patterns related to viruses, botnets, malicious code and SQL injections The CyberFactors Proprietary Database provides greater risk intelligence.

6 Connect Internal & External Threat Environment Risk Contributors into Meaningful Data for your Business Extend the Reach of Your Cyber Liability Knowledge Easy- to- access data and risk analytics provides your business unparalleled, actionable intelligence tools. Drive Action Data access for business leaders that need to anticipate changes in the cyber risk environment. CyberFactors delivers multi- dimensional data to decision makers in real time. Intelligent Substantive & Simple Metrics Complete User Dashboard Invaluable Insight Optimize Your Cyber Risk Strategy With CyberFactors analytics, whether you are an Insurance or Reinsurance Company, Rating or Governmental Agency, Risk Manager, C- Level Exec, Auditor, there is CyberFactors Product Edition for you.

7 How CyberFactors Works Built on a proprietary, multi- relational database design "CyberFactors is a very distinguished product. It is basically the RMS model of cyber risks. RMS was the market maker in analyzing catastrophic risk data for the physical world and is now the standard that every insurance company and risk manager subscribes to. I envision CyberFactors to be on the desktop of every CIO, CISO, and Risk Manager for understanding the threats and risks of technology in the Information Age. Mr. Michael Paisan Managing Director, Stifel Nicolaus

8 CyberFactors A real- time cyber risk intelligence platform uniquely developed to track the financial risks of IT dependence and the continuously expanding threat environment of the Internet. Our quantification framework provides clients with more actionable strategies for risk Headquarters 415 Madison Ave Fifteenth Floor New York, NY mitigation and transfer. Groups & Forums LinkedIn.com

9 About CyberFactors CyberFactors offers the visibility, quantification and valuations tools to improve mitigation strategies of cyber liability related exposures. Our clients are able to appropriately identify and value the financial, legal and operational exposures related to cyber liability. Our comprehensive database empowers companies to effectively understand how specific relationships with technology in tangent use of emerging trends, such as cloud computing and social media, impacts corporate liability. CyberRiskPartners, LLC is a privately held business with locations in New York City, Chicago and Orlando. Our employees have accrued many years of experience with organizations such as KPMG, Salesforce.com, BroadVision, The Hartford, Chubb Group of Insurance Companies, Invesco, Hannover Re, The United States Army and United Technologies. CyberFactors is a registered trademark of CyberRiskPartners, LLC. All rights reserved. For more information on CyberFactors, please contact info@cyberfactors.com