WTW launches upgraded Cyber Quantified model to enhance risk management strategies

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Global advisory and broking firm, WTW, has announced the release of its enhanced Cyber Quantified model, designed to assist companies in evaluating cyber loss potential and optimising risk management strategies.

With the increasing prevalence of cyber attacks, data loss, and cyber extortion, WTW’s updated tool aims to provide decision support and comprehensive analysis to address these pressing concerns.

According to WTW’s recent Director & Officers Liability Cyber In Focus Survey, cyber attacks, data loss, and cyber extortion remain the top-ranked risks faced by directors and officers.

To meet this challenge, WTW undertook a thorough review of their proprietary Cyber Quantified modelling tool, enhancing its capabilities and expanding its features to better assist companies in quantifying their cyber exposures.

The new version of Cyber Quantified offers organisations the ability to interactively model network outage risk and data breach liability, incorporating a diverse library of key cyber risk scenarios.

The new model offers increased depth of information through a cyber risk profile feature, empowering companies to identify vulnerabilities and implement effective risk…

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