Video: 5 P’s to Start Quantitative Risk Management – No 1 Purpose

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5 Ps of Program Enablement - RiskLens 2As the leader in launching and running cyber risk management programs based on quantitative risk analysis with FAIR™, RiskLens has developed a streamlined, phased approach to program enablement. We call it the 5 P’s.

  1.  Purpose
  2.  People
  3.  Platform
  4.  Process
  5.  Performance 

In this six-minute video, RiskLens Regional Sales Director Joe Vinck explains Purpose:

AppSec/API Security 2022

“By setting a very clear purpose with defined milestones and objectives, you’re setting yourself up for a lot more successful and more importantly valuable program that is directly tied to meaningful business outcomes for your organization,” Joe says. 

Joe tells how RiskLens guided one client to setting and achieving these launch objectives:

  • Make a baseline report to senior management on top cyber risks
  • Run cost/benefit analysis for two strategic cybersecurity initiatives
  • Establish a lightweight process for ad hoc risk analysis for audit findings or policy exceptions
  • Create a quick process to analyze risk for M&A
  • Define a risk appetite for board reporting

 

 

Check out these RiskLens packages for establishing risk-based programs with FAIR: 

The Enterprise SaaS subscription to the RiskLens platform…

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