Cyber risk solutions company Resilience has launched Cyber Risk Calculator, an AI-powered tool that translates cyber risk into financial terms to provide security and risk practitioners, as well as C-Suite executives, with a common, data-driven language to better understand and quantify their cyber risk.
Resilience developed this tool to help address the new challenges posed by increasingly smarter threat actors, the rise of AI-powered hacking capabilities, and the growing interdependence that introduce new variables and complexities to the threat landscape.
As third-party risk skyrockets—with Resilience’s own research finding that vendor-related cyber insurance claims led to losses for the first time ever last year—companies are tasked with assessing not only their own security postures, but also that of their partners.
“Most businesses know that today’s threat landscape is evolving rapidly. But very few understand what this evolution means for their company, and fewer still have the…
