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Cyber risk quantification: Connecting risk with strategy

In this video, Marsh shares insights from its client base on cyber risk quantification, and distils them into the three top questions enterprises should consider when aligning cyber risk objectives with corporate strategy.
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06/11/2022

Most organisations still lack the ability to effectively measure the financial impact of cyberattacks. A recent Marsh global survey underscored this trend, finding that nearly three-quarters of organisations do not measure enterprise cyber risk in financial terms.

Cyber risk quantification enables organisations to conceptualise cyber risk in the same way as other enterprise risks. In addition to providing organisations with a common language that they can use to express risk, cyber risk quantification also helps bridge cyber risk strategy and enterprise strategy.

In this video, Marsh shares insights from its client base on quantification, and distills them into the top three questions enterprises should consider when aligning cyber risk objectives with corporate strategy. 

Key takeaways

Data-driven strategy

Using financial metrics can help organisations develop a new or different risk strategy to combat rising insurance costs.

Organisational changes

Considering how cyber risk exposures will change given shifts in enterprise strategy allows organisations to look ahead and plan more effectively.

Other lines of coverage

Understanding how other lines of insurance coverage impact cyber coverage enables organisations to drive more value across all lines of coverage.

Our speaker

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Kristine Salgado

Cyber Broker Leader, Pacific

Learn more about Marsh Cyber Loss Quantification and Loss Modelling solutions

Find out more

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