Risk Management

Cybersecurity decisions are often made on intuition, compliance requirements, or industry benchmarks. While these approaches have value, quantitative risk analysis provides a more rigorous, defensible method for prioritizing security investments and communicating risk to executives. This article explores Annual Loss Expectancy (ALE) calculation—a fundamental quantitative risk metric—and demonstrates how to...

Let's start our article with a small question. Why should GRC platforms have a flexible infrastructure and be built on a simple model? Of course, there are several reasons to justify the answer to this question. Chief among these is that GRC processes, or rather management processes, require frequent changes in institutions....

Governance, risk and compliance (GRC) refers to a strategy for managing an organization’s overall governance, enterprise risk management and compliance with regulations. Think of GRC as a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements. A well-planned GRC strategy comes with lots of...