Earlier this year, the first part of this article was published. It’s a good place to start to learn why you want to understand your company’s attack surface. Websites and online databases tend to over-share – you should aim to limit this. But some...
Security
Ask fewer and better questions – Right now!
In a previous article, When a robot gives better estimates than a human, Bo Thygesen from ACI describes how we use the LENS model to avoid human bias and have a “robot” estimate probability and loss for hundreds of systems better and faster than a human can do. How...
Webinar: An introduction to quantitative methods for cyber risk management
Almost daily, we hear about how cyber threats and IT risks increase globally across industries. Sadly, the methods and tools used for IT risk management today do not deliver the consistent decision support that organizations need. On March 23rd 2023, we conducted a...
What are information assets & how to Identify them in 5 steps?
An important step in any IT risk management process is to clearly define the information assets in scope. But what is an information asset really? How can you best describe your important information assets? And why is it so important to spend time on establishing a...
‘We should never have said that’ and how to avoid it being used against you before it’s too late
‘Loose Lips Sink Ships’ was printed on a propaganda poster during World War 2. It was one of the key messages from the ‘United States Office of War Information’, which urged citizens to avoid careless chatter that could potentially undermine war activities. The same...
Managing Cyber Risk With Tactical and Strategic Management Information
Communication is difficult, also when it comes to the risk of cyberattacks. The board and management need a clear basis for decision-making, but the communication needs to improve because it is often too technical or too high-level and abstract. Both cases are useless...
The art of producing a 90% confidence interval using decomposition and calibration
When speaking about future events, it's inherently subject to uncertainty. A risk assessment tries to understand future loss events and is therefore also subject to uncertainty. The less history or fewer measurements, the greater the uncertainty. How can one predict...