According to Sleiman: “Cyber risk quantification involves measuring and mitigating enterprise-wide cyber risk in real-time by aggregating signals across five different vectors of assessment (people, process, technology, cyber security, and third-party partnerships) to dynamically predict the breach likelihood and assign a dollar value to the risk an organisation is facing. Cyber risk quantification is not just important, it is extremely vital and foundational to how organisations need to run and manage their digital footprint, moving forward. It’s no longer an option”. To substantiate this, he comes out with a few “bold” statements that showcase the pitfalls of the practice of cybersecurity as it exists today.
Firstly: “It doesn’t matter how much effort, energy, focus and money we spend to secure ourselves, all of it just seems futile. We listen to analysts, read the journals, buy the products and the antidotes that the experts tell us we need to better secure our people and organisations. We follow frameworks like SASE and Zero-Trust and we pivot security from the datacentre to the edge. We feel like we’re doing everything we’re being told. And yet, we…
