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Cyber risk quantification: Enhancing cyber insurance decision making

In this informative video, Marsh’s Allie Pan discusses how cyber risk quantification can better inform decisions on cyber insurance spending and what key questions risk managers should be asking themselves about quantification.
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With cyberattacks on the rise, it has never been more important to understand the financial impact of a potential event. Cyber risk quantification — the process of repeatedly and sustainably measuring enterprise cyber risk in terms and metrics relevant to your organisation’s operations and strategy — helps organisations to do just that.

Cyber risk quantification further helps organisations make data-driven decisions on their cyber insurance spend, align cyber risk with enterprise strategy, and understand the effectiveness of their cybersecurity investments.

In this informative video, Marsh’s Kristine Salgado discusses how cyber risk quantification can better inform decisions on cyber insurance spending and what key questions risk managers should be asking themselves about quantification. 

Key takeaways

Financial exposures and retained risks

Understanding the potential financial impact of cyber threats enables organisations to make objective decisions on which risks to retain or transfer. 

Balance sheet protection

Quantifying the impact of cyberattacks allows organisations to determine whether attacks could have a material impact on the balance sheet. 

Return on investment

Calculating the value of insurance program structures against the frequency and severity of attacks allows organisations to analyse their investments in cyber insurance.

Our speaker

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Kristine Salgado

Cyber Broker Leader, Pacific

Learn more about our Marsh Cyber Risk Quantification solutions

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Watch our series to learn how cyber risk quantification can help enterprises express cyber risk in financial terms.

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