SITUATION
A Fortune 500 defense contractor with 45,000+ employees struggled with cybersecurity exposure. Despite efforts in identity access improvements, SIEM implementation, and awareness programs, gaps remained. Their $35M investment in 12 AI initiatives (marketing, product development, supply chain, finance, and customer support) aimed for 4% revenue growth, $11M cost savings, and a 35% increase in customer satisfaction.
However, only three AI projects coordinated with corporate IT/cybersecurity. The remaining nine lacked basic cybersecurity processes, exposing the organization to risks, including a potential $52M operational impact and gaps in cyber insurance coverage.
SOLUTION
ArxNimbus’ AIA analysis quantified risk exposure for all 12 AI initiatives. By evaluating actuarial probabilities and implementing NIST-aligned cybersecurity measures, the company can now identify gaps and develop a data-driven plan to mitigate risk.
IMPACT
- Quantified Risk Exposure: Revealed $14M in annual risk exposure tied to AI initiatives.
- Cost-Effective Protection: Implementing a $1.8M cybersecurity plan would reduce risk exposure by 80%, delivering a 700% ROI.
- Enhanced Insurance Coverage: Detailed AIA documentation can now enable AI project inclusion under the company’s cyber insurance policies.
- Informed Management Decisions: Actionable insights will empower leadership to protect investments and maintain operational resilience.
