Axio’s CEO and Co-Founder, Scott Kannry, recently had the opportunity to co-host a webinar with guest Paul McKay, Research Director at Forrester. In this session, “CRQ – A Better and More Effective Way to Manage Risk,” Scott and Paul shared insights based on their experience in the cyber risk quantification space, touched on some key takeaways from Forrester’s 2022 CRQ report, “Transform Cyber Risk Management with Cyber Risk Quantification,” and offered their advice on jumpstarting a new or stale CRQ program within your organization.
Read on for some highlights, and check out the full webinar recording here.
Bridging the language barrier between technical and business
CISOs are constantly asking for more budget, but many don’t feel prepared with the right tools to demonstrate ROI to the CEO and board members, and outdated methods like heat maps won’t get them there. Forrester’s report, co-authored by Paul, aptly refers to CRQ as the “Rosetta Stone” for cybersecurity and business.
CRQ transforms cyber risk into the common language of money that CISOs can leverage to answer two basic questions from the CEO and board:
- Are we spending money in the right…
