Nehemiah Security, a company that specializes in cyber risk analytics, has released the Risk Quantifier (RQ) 3.0 solution to help organizations identify cyber risks and analyze the impact of potential financial losses associated with these risks.
RQ is a software-as-a-service (SaaS) solution that allows organizations to continuously measure and assess the magnitude of financial losses associated with cyber risk, according to Nehemiah Security. In doing so, RQ helps organizations make informed governance, investment and operational decisions.
RQ automates cyber risk management, Nehemiah Security said. It applies risk and financial models based on current market information and layers this information into established cybersecurity frameworks to visualize the effects of cyber risks over time.
Furthermore, RQ enables organizations to create visual models that incorporate multiple attack vectors, threat actors and attack motivators, Nehemiah Security noted. It also allows organizations to monitor cyber risk changes so they can keep their security strategies up to date.
Unisys Introduces TrustCheck Cyber Risk Management Service
In addition to RQ, Unisys, a Top 100 MSSP, last year unveiled the TrustCheck cyber risk management service.
TrustCheck allows organizations to assess their cybersecurity and cyber risk posture in economic terms and evaluate potential cyber-related financial losses, Unisys said. It also enables organizations to analyze the return on investment (ROI) for cybersecurity investments and recommends cyber risk treatment strategies.
Similarly, ConnectWise in the SMB market promotes Cybersecurity Risk Assessments that MSPs can perform both internally and for customers. The service leverages the ConnectWise Identify tool.
Additional insights from Joe Panettieri.
