DeNexus US users are to benefit from the firm’s newly launched DeRISK Executive Report, a solution that will automatically map cyber risk metrics to SEC requirements for annual reporting of cyber risk management and governance.
The Executive Report and the cyber risk analyses detail an estimation of Annual Expected Losses and Value at Risk for compliance with SEC reporting, DeNexus, a provider in cyber risk modelling for industrial networks, explained.
By utilising ROI-based cybersecurity risk mitigation programs and both external (threats, firmographics) and internal data (network topology, devices, vulnerabilities, cybersecurity controls) with DeNexus’ proprietary models, the calculations include potential expected losses and their probabilities.
The Annual Loss curve provided by DeRisk aids in understanding the likelihood and financial impact of cyber threats, guiding effective risk management decisions, whether through mitigation, acceptance, or third-party transfer.
Jose Seara, Founder and Chief Executive Officer of DeNexus: “In today’s landscape, effective cyber risk management is no longer just a suggestion but a necessity. With this new SEC regulation…
