The new Thrivaca 4.0 and NIST 4.0 releases add unlimited "what if' analysis in providing financial insight into cyber risk management and related risk carrying costs. Thrivaca's ability to represent an organization's risk in financial terms, helps direct cybersecurity spending to initiatives that will return the largest reduction in annual risk carrying costs.
The suite now includes seven different offerings based on technologies and services from both Tech Data and from a number of niche providers targeted at filling in the security gaps faced primarily by SMB clients.
For the first time, insurance-grade quantitative cyber risk profiling in financial terms is available across the entire enterprise within days. Developed around actuarial principles and formal econometrics, Arx Nimbus’ Thrivaca product has been used in banking, national defense, healthcare and higher education, supporting cyber insurance decision-making, transparency and traceability in the cyber program, risk reduction, cyber investment optimization, and compliance attainment.
