Vincent Lagogué’s Post

✏️[#BlogPost] Organisations need go beyond risk identification. It is time to understand its impact both from an operational and strategic level. Citalid has developed a Cyber Risk Quantification platform to provide a clear vision of contextualised risk trough the lense of the dynamic threat landscape and the associated financial impact of this risk. 👀 🎯 In practical terms, Cyber Risk Quantification (#CRQ) by Citalid meets a number of objectives such as: carrying out a risk study to identify priority areas for improving security, conducting a business-oriented risk study or assessing the threat level... 🔍 Benjamin Canu, Head of Customer Success, shares his views in this article listing the 9 objectives that can be achieved by organisations through the use of cyber risk quantification. Read the article here 👉 https://lnkd.in/eRHQ8UET Maxime Cartan Julien C. Olivier Hamon Clément Tallec Marie Giesbert #CyberRiskManagement #CyberRiskQuantification

Discover how Citalid's Cyber Risk Quantification platform helps organizations not only identify risks but also assess their operational and financial impact in a dynamic threat landscape. Benjamin Canu shares 9 key objectives that can be achieved with this approach!

This article sheds some interesting light on the potential that the CRQ can offer a company. A must-read! 👀

We’re excited to announce our strategic collaboration with DUAL North America, bringing a new level of innovation to cyber risk management. By combining our advanced threat intelligence and continuous monitoring with DUAL's expertise, we’re empowering brokers and carrier partners with the insights they need to stay ahead of cyber threats. Through this partnership, our shared goal is to offer complimentary risk assessments, enhanced risk scores and reports, and actionable intelligence with 94% accuracy in predicting future threats. Together, we’re providing a single-pane view of third-party risk, helping prioritise risks efficiently, and ensuring security measures are validated to allow businesses to navigate the evolving digital landscape with confidence. This is an exciting step forward in taking a proactive approach to cybersecurity and cyber risk management, and we can’t wait to share more as we continue to push the boundaries of what’s possible in cyber risk management. #cybersecurity #riskmanagement #insuranceinnovation #cti

Why Quantify Cyber Risk? It's Not Just About the Numbers! Tired of reactive cybersecurity? Cyberattacks are a constant threat, costing businesses billions globally each year. But traditional approaches often lack a data-driven perspective. Here's where cyber risk quantification (CRQ) comes in. CRQ goes beyond mere checklists. It uses a structured approach to measure the likelihood and financial impact of cyber threats. This allows for: 1. Improved decision-making: Allocate resources strategically to address the biggest risks. 2. Data-driven communication: Speak the language of leadership by presenting risks in financial terms. 3. Proactive risk management: Prioritize investments based on potential losses prevented. Did you know the average cost of a data breach hit a record high in 2023? Let's talk about how CRQ can help your organization navigate this complex landscape.

🔐 Don't miss out on our latest white paper from ORX Cyber: Faster & Safer: Priorities for Cyber Risk Management. 🛡️Dive into insights shared by 30+ senior cyber risk leaders across 16 organisations, spanning both the first and second lines of defence. Uncover the evolving landscape of cybersecurity in the financial services industry and gain strategic insights and priorities for the next 12 to 18 months. "𝑇ℎ𝑒 𝑡𝑖𝑚𝑒 𝑖𝑠 𝑟𝑖𝑔ℎ𝑡 𝑡𝑜 𝑟𝑒𝑣𝑖𝑒𝑤 𝑡ℎ𝑒 𝑠𝑡𝑎𝑡𝑒 𝑜𝑓 𝑝𝑙𝑎𝑦 𝑖𝑛 𝑐𝑦𝑏𝑒𝑟 𝑟𝑖𝑠𝑘 𝑚𝑎𝑛𝑎𝑔𝑒𝑚𝑒𝑛𝑡. 𝑊𝑒 𝑜𝑝𝑒𝑟𝑎𝑡𝑒 𝑖𝑛 𝑎 𝑣𝑜𝑙𝑎𝑡𝑖𝑙𝑒 𝑎𝑛𝑑 𝑢𝑛𝑝𝑟𝑒𝑑𝑖𝑐𝑡𝑎𝑏𝑙𝑒 𝑤𝑜𝑟𝑙𝑑, 𝑎𝑛𝑑 𝑡ℎ𝑒 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑠𝑒𝑟𝑣𝑖𝑐𝑒𝑠 𝑖𝑛𝑑𝑢𝑠𝑡𝑟𝑦 𝑖𝑠 𝑐𝑜𝑛𝑡𝑖𝑛𝑢𝑖𝑛𝑔 𝑡𝑜 𝑑𝑟𝑎𝑚𝑎𝑡𝑖𝑐𝑎𝑙𝑙𝑦 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚 𝑖𝑛 𝑡𝑒𝑟𝑚𝑠 𝑜𝑓 𝑟𝑒𝑝𝑙𝑎𝑡𝑓𝑜𝑟𝑚𝑖𝑛𝑔, 𝑑𝑖𝑔𝑖𝑡𝑎𝑙𝑖𝑠𝑖𝑛𝑔 𝑐𝑢𝑠𝑡𝑜𝑚𝑒𝑟 𝑗𝑜𝑢𝑟𝑛𝑒𝑦𝑠, 𝑖𝑛𝑡𝑟𝑜𝑑𝑢𝑐𝑖𝑛𝑔 𝑛𝑒𝑤 𝑡𝑒𝑐ℎ𝑛𝑜𝑙𝑜𝑔𝑖𝑒𝑠, 𝑎𝑛𝑑 𝑚𝑜𝑟𝑒." Download the paper:⬇️ https://hubs.ly/Q02vw0p70 #CyberSecurity #RiskManagement #FinancialServices #ORXCyber #2ndLineOfDefense

I'm thrilled to announce Critical Start's new Free Quick Start Risk Assessment; a powerful tool that helps organizations clearly understand their risk profile and benchmark their security posture against industry peers. This helps answer questions like: “How do I know I have the right tools to keep the organization safe?” And “How does my security program compare to industry peers?” Here's how you can get started and see the benefits: 1.   Get started in minutes: Answer 15 questions to identify gaps in controls, policies, and procedures. 2.   Gain insight: Easy-to-read dashboards and reports help you visualize and articulate your strengths and weaknesses. 3.   Benchmark against peers: Know where your organization stands in cyber risk management versus similar organizations to yours. 4.   Execute based on data: Make impactful changes with prescriptive Risk-Ranked Recommendations based off your results. 5.   Track to a risk-informed roadmap: Re-take the assessment as you make changes and continuously track improvements toward security maturity. Ready to take Risk Assessments to the next level? Sign up for our FREE Quick Start Risk Assessments today and start your journey toward effective cyber risk management. 👉 Click here to sign up now! https://lnkd.in/eMxFzFvS

🔍 Cyber Risk Quantification: Breaking Down Common Misconceptions I’ve overheard some misconceptions about Cyber Risk Quantification (CRQ) lately so here is the reality behind them: Misconception: CRQ is a One-Time Process. Reality: CRQ should be ongoing. The cyber landscape changes constantly, and CRQ needs to be updated regularly to stay relevant and effective. Misconception: CRQ is Only for Large Enterprises. Reality: CRQ benefits organizations of all sizes. Small and medium-sized businesses can use CRQ to identify risks, allocate resources wisely, and protect against threats effectively. Misconception: CRQ is Only About Financial Loss. Reality: CRQ goes beyond financial impact. It also addresses reputational damage, operational disruptions, and legal liabilities, providing a comprehensive view of risk. Misconception: CRQ is Just About Compliance. Reality: CRQ is more than a compliance tool. It helps organizations make informed decisions, prioritize security efforts, and enhance overall risk management strategies. By understanding and addressing these misconceptions, organizations can leverage CRQ more effectively to build a robust cybersecurity posture. #CyberSecurity #RiskManagement #CRQ #CyberResilience

Translating Cyber Risk into Business Risk for Local and tribal Government, CCBHC, and FQHC markets: Cyber risk is business risk. A breach can disrupt services, compromise data, and erode community trust. Here's why it matters: *Cyber Risk is Business Risk. Cyber threats impact operational continuity and public trust, which are integral to your organization's health. *Integrated Risk Management: Align cybersecurity with business goals to better allocate resources and implement robust measures. *Strategic Decision-Making: Translate cyber risks into business terms for informed decision-making and effective vulnerability management. At TANDMM, we provide secure, tailored solutions to bridge the gap between cyber risk and business risk, ensuring a resilient future for our communities. Contact us to learn more about our cyber risk assessment and mitigation services. #CyberSecurity #LocalGovernment #CCBHC #FQHC #RiskManagement #PublicService #CommunityHealth #TANDMM #Proactive For more insights, visit tandmm.ai or contact us at [email protected]

⚠️ With over 16,843 Denial-of-Service attacks, 5,175 system intrusions, and 3,661 social engineering incidents recorded globally in Verizon’s 2024 Data Breach Investigations Report, the stakes in cybersecurity have never been higher. An effective risk management policy is no longer optional; it's a necessity for organizational resilience. Our latest blog post provides a detailed guide for risk management policy creation, including: ✅ The role of risk management frameworks such as ISO 27001 and NIST CSF ✅ Key components like risk assessment, mitigation strategies, and monitoring systems ✅ 5 actionable steps to develop a robust policy, including allocating roles and responsibilities, implementing controls, and verifying effectiveness through audits Learn more: https://hubs.li/Q02Zv10b0 #riskmanagement #cybersecurity #6clicks