Case Study

Valuation and Prioritization

With a $24mm cybersecurity budget, 220 security technology solutions, a financial services firm found that it was still chronically unable to close out lingering compliance issues, unable to truly quantify its own risk, and lacking a means to prioritize actual and potential risk-reduction efforts.

With senior leadership uncomfortable around digital risk, Arx Nimbus was able to perform specialized quantitative risk analysis, identifying several massive variations from the organization’s previous risk expectations.

Management was able for the first time to access an informed discussion of cybersecurity risks and options, and a financially-driven determination of cybersecurity insurance decisions became possible, allowing the company to optimize the most effective use of cyber insurance coverage

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