Cyber risk quantification (CRQ) solutions are on a mission to transform security and risk operations. The goal: a future where risk is measurable, actionable, and tightly integrated into business strategy. Some solutions emphasize picking up where legacy governance, risk, and compliance (GRC) implementations fall short and provide data-driven risk reporting, continuous monitoring, and third-party risk assessment. Others emphasize improving tactical cyber risk operations such as exposure management, threat modeling, and risk-informed remediation. Increasingly, CRQ solutions are extending across both dimensions — marking a new era of cyber risk management technologies.
What’s Changed Since Our Earlier CRQ Evaluation?
Overall, CRQ solutions today look very different from solutions two years ago, and they cover entirely new territory than they did when they were first introduced. Not only do they address more use cases than before, but more vendors have also entered the market. Key highlights include:
- CRQ is about managing risk, not just quantifying it. While the category title emphasizes “quantification,” this is expressly done to differentiate CRQ’s…
