CRQ

BT invests in unique Silicon Valley technology to measure and fight cyber risk

Retrieved on: 
Wednesday, July 21, 2021
Companies of the United Kingdom, BT Group, IIT Bombay, Safe Security, Data security, Companies, Cyberwarfare, CRQ, BT Ireland, Computer security
Key Points: 
  • Headquartered in Silicon Valley, their SAFE ('Security Assessment Framework for Enterprises') platform allows organisations to take a health check of their existing defences and understand their likelihood of suffering a major cyber attack.
  • SAFE is unique in calculating a financial cost to customers' risks and giving actionable insight on the steps that can be taken to address them.
  • British Telecommunications plc is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.
  • Headquartered in Palo Alto, California, Safe Security is a pioneer and leader in the "Cyber security and Digital Business Risk Quantification" (CRQ) space.

New ISACA Paper Enables Enterprises to Use Cyberrisk Quantification to Improve Approach to Cybersecurity Risk

Retrieved on: 
Tuesday, June 8, 2021
Internet, Security, Data management, Technology, Software, Articles, Security, Data security, Computing, Computer security, Risk analysis, ISACA, Security convergence, CRQ, CISA, IT risk

Cyberrisk quantification (CRQ) expresses cybersecurity risk in terms of monetary value to the enterprise, translating technology concerns into business concerns.

Key Points: 
  • Cyberrisk quantification (CRQ) expresses cybersecurity risk in terms of monetary value to the enterprise, translating technology concerns into business concerns.
  • A new white paper from ISACA, Cyberrisk Quantification , addresses the importance of acquiring useful data and amplifying it as part of a CRQ analysis.
  • CRQ can be a critical enabler of improving organizations approach to cyber risk.
  • However, cybersecurity measurement can bring its own set of challenges, including accurately gathering data and addressing issues with verbal and ordinal scales used to measure the risk, says Paul Phillips, CISA, CISM, MBA, ISACA IT risk professional practices lead.