As cyberattacks and criminal ransom demands grow, businesses are likely to face further increases in the cost of obtaining insurance.
Many boards and executives are now asking “how much is our true exposure to potential cyber losses?”, “how do we know our investment in Cyber Security is proportional to our exposure?”, “how much investment is good enough?”.
What is Cyber Loss Quantification?
Cyber Loss Quantification from Marsh provides you with a detailed financial loss quantification based on realistic cyber events that your organisation may face. Through quantification, we deliver information and analysis relevant to improving your organisation’s cyber risk management program and cyber resilience.
Our team of cyber risk advisors, forensic claims consultants and analytics specialists will work in partnership with you to identify major loss scenarios, define the financial impacts and quantify potential losses.
A comprehensive data-driven view
By leveraging your data, proprietary Marsh forensic accounting cost models and loss analysis we simulate likely cyber loss scenarios to establish likely costs based on events of differing severity.
A detailed report containing analysis and insights that will help you understand the cost of cyber loss impacts on your organisation as well as guidance on where to focus organisational, financial resources and cyber risk gaps.
Informed decisions for your path to cyber resilience
Cyber Loss Quantification from Marsh helps organisations understand their exposure, and provide a baseline to prioritise strategic investments. It brings about an awareness beyond the technology function into risk, business and the boardroom, where informed decisions around cyber risk strategy and financing can be taken. It creates a level of awareness on cyber exposure across the organisation that is difficult to achieve otherwise, enabling preparedness in scenario response.
