BreachBits has announced BreachRisk, a new standard to understand, measure and communicate cyber risk.
Built by U.S. military cyber warfare veterans and based on the same methods used by hackers, BreachRisk allows individual companies, insurers, portfolio managers and others to continuously assess an organization’s likelihood of a data breach while quantifying and communicating their risk reduction with a simplified cyber risk score.
“Our goal is to help organizations confront the rising tide of ransomware and other cyber attacks that are increasing every year. To accomplish that, you need more than strong defenses and advanced cybersecurity technology. You need to include more stakeholders in the effort,” said BreachBits CEO and Co-Founder John Lundgren. “With BreachRisk, we’ve taken the complicated processes that hackers actually use and translated that into a cyber risk score. Now everyone from the server room to the boardroom can better manage risk knowing where hackers will break in.”
The BreachRisk score uses a 10-point scale to communicate relative risk of a cyber breach without getting bogged down with technical details. The score includes context…
