Introducing Risk Evaluation
Our latest update incorporates risk evaluation built upon financial quantification. A critical component of the risk evaluation feature is the top risk matrix, which provides risk metrics for tracking, benchmarking, and reporting. By analyzing risk drivers through the ATT&CK MITRE framework’s initial vectors and event types, Kovrr provides a comprehensive breakdown that enables a detailed understanding of the likelihood and the potential of risks. Furthermore, our risk evaluation integrates threat intelligence insights based on industry-specific factors and company size. Model transparency enables stakeholders to gain visibility into model assumptions and risk including a wide range of event types and attack vectors.
Understanding the Power of the Top Risk Matrix
The ‘Top Risk Matrix’ plays a pivotal role in providing crucial risk metrics that aid in monitoring, benchmarking, and reporting. Let’s take a closer look at its key features:
1. Annualized Average Loss (AAL): The AAL, calculated through advanced Monte Carlo simulation, reveals the expected average annual loss. This metric allows you to gauge the potential…
