Quantify, Manage, and Eradicate    Your Cyber Risk

Cyber Risk—everyone has it. Even the best cybersecurity programs leave $$millions in costly cyber risk unaddressed.

Use the ArxNimbus Risk Profile to eliminate risk faster - enabling security, dev, and business leadership to work together in a NIST-approved, AI-optimized model built for the speed and scale of your organization. #ACRQ: Actuarial Cyber Risk Quantification

 

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Empowering smart organizations to reduce cyber risk

REGULATOR-APPROVED. FINANCIALLY QUANTIFIED. BUSINESS-ALIGNED.

Cost recovery and risk reduction to support your bottom line

You've made great strides in your cybersecurity efforts. Vulnerability remediation, event logging, your CSOC, threat analysis and so much more. And yet, residual risk remains. And that can be costly and difficult to eradicate. Where do you go next from here?

Cybersecurity risks grow and multiply across your organization. Prioritizing projects, budgets, and solutions is not a trivial question. But how do you ensure the right choices?

All too often, resources are allocated based on professional opinion and expert judgment. Among all the tasks associated with managing digital risk, pulling together risks comprehensively across the organization is central to success.

You get a complete digital twin of your cyber program and cyber risk exposure, approved by NIST, and used by top insurers. Understand the full dynamics of strategies and options, and their implications for the business.

Financially quantitative risk management is here, linking business and technology, and it's delivered with a patented technology called Thrivaca™.

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POWERFUL FEATURES FOR REAL RESILIENCE

What your executives & board should hear

NIST-Approved Modern Risk Management

Increased trust and credibility in your risk management strategy, leading to enhanced protection and compliance with regulatory standards.

The ONE Solution in use by both Enterprise & Cyber Insurers

Streamlined processes that align with best practices, reducing the likelihood of cyber incidents and helping to lower insurance premiums.

Adherence to Actuarial Standards — Auditable & Traceable

Adhering to actuarial standards ensures that risk management practices are scientifically sound, transparent, and verifiable.

Monetary loss forecast to within 7-8% of real-world losses

More precise budgeting and risk mitigation strategies, minimizing financial surprises and enhancing overall business stability.

Largest library of Risk Profiles in business terms

Improved decision-making and stakeholder communication, as risks are described in a language that aligns with business objectives and priorities.

Sponsored by U.S. Strategic Command; Patented; Designed with top economists

Confidence in the robustness and strategic value of your cyber risk management approach, benefiting from cutting-edge insights and innovations in the field.

TESTIMONIALS

What clients & industry say about our cyber risk management solution

"ArxNimbus technology provides key insights to the quantitative cyber risk results we should expect from solutions - this is a very useful effort."

"ArxNimbus has proven its ability to lift our cybersecurity and save us millions in risk recovery in the process. I thank you."

"ArxNimbus' Thrivaca platform provides us a far better understanding of our risks than we've had until now. This is exactly what we've needed."

Awards-Recognition
SITUATION

$6.872 BILLION.
How the largest cyber loss in U.S. history was forecast - 1o months earlier...
Update to the Feb 2024 UnitedHealth Group Breach

SOLUTION

On 4/17/23, an ArxNimbus risk profile was completed on United Healthcare as part of a cyber insurance analysis. The risk profile projected a loss exposure of $7.87B.

IMPACT

What if this risk had been predicted within 8% – some 310 days earlier?

SITUATION

A $750mm medical diagnostics provider had implemented a series of conventional cybersecurity protections but was still uncertain of its risks. The board, CEO, and CFO were unable to see where they were on eliminating risk, how much to spend, and how much of the journey remained.

SOLUTION

The company brought in their MSP, who worked with ArxNimbus to implement a recurring Thrivaca Risk Profile. Utilizing company financials, historical losses, and actuarial (ACRQ) models, the company and management were able to see the total risk posture and value of potential strategies and options.

IMPACT

Over time, $22mm in cybersecurity risk was eliminated, and management approved a doubling of the cybersecurity budget. In the very next annual review, the CEO observed, “This is the first time I’ve felt I can be comfortable.”

FREE RESOURCE

CYBERWatch news you can use

CYBERWatch-10 Sept2024

 

FREE RESOURCE

Top 10 cyber risk myths: debunked

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FREE RESOURCE

Why the "FAIR" model falls short in cyber risk quantification 

ACRQ vs VaR

SERVICE PLANS

Scale your cyber risk management

Thrivaca's quantitative analysis enables your organization to gain the leading data-driven cyber governance metrics within the comprehensive, patented platform to prioritize and optimize overall cybersecurity initiatives. Our service plans are all customizable to meet you where you are now and lead you where you need to be for real resilience.

Below is a snapshot of just a few of our most popular plans, which will give you insights into how we can scale support.

Ultimate Protection

This plan provides four opportunities to first baseline and then measure improvements as you implement remediations.

IDEAL for SMBs that have not had cyber budget or support staff to take a first step


  • Checkmark 4 Runs/Studies
  • Checkmark T-Score (Risk Profile) & Self-Insurance Cost
  • Checkmark Industry Benchmarking
  • Checkmark Analyses (NIST CSF, NIST 800-53, MITRE Att&ck, ISO 27001, NIST 800-71)
  • Checkmark Probable Maximum Loss
  • Checkmark Remediation & Insurance Optimization
  • Checkmark ..and more!

Enterprise

This plan provides unlimited access to the platform runs/studies, reports, use cases, and playbooks, plus 40 hours of professional services.

IDEAL for enterprises with multiple entities, such as departments, subsidiaries, and divisions.


  • Full Digital Twin of Enterprise Cybersecurity Program
  • Checkmark Unlimited Runs/Studies
  • Checkmark T-Score (Risk Profile) & Self-Insurance Cost
  • Checkmark All of the same industry benchmarks, framework analyses, remediation & insurance optimization as the other plans
  • Checkmark 40 Professional Services Hours
  • Checkmark ...and more!
FAQs

Need clarification?

What is actuarial cyber risk quantification and why is it important?

Advanced Actuarial Cyber Risk Quantification (aka ACRQ) is the process of leveraging actuary methods to assess the financial consequences of risks and use mathematics, statistics, and financial theory to analyze and determine the financial impact of uncertain future events.
It's not magic; it's math!

What is Thrivaca?

Thrivaca is our NIST-approved, actuarial-based technology platform that provides your risk profile score and mitigation action plans. It stands for THReats-RIsks-VulnerAbilities-CApabilities. 

What is a good Cyber Risk Profile Score (or T-Score)?

850. Think of a Risk Profile Score like a Credit Score.

72% of 3,500+ organizations surveyed do not currently understand their risk exposure. Knowing your baseline risk score is fundamental to having a proactive cybersecurity posture. An 850 risk profile score is considered good (in an actuarial-based model - #ACRQ). 

CISOs, in particular, benefit from understanding this metric for budget allocation influence.

Source: Ernst & Young Survey

What is the best way to secure budget for this cyber risk management solution?

A strong business case to leverage with your executive team:

On average, Thrivaca users are gaining cost takeout of over $6mm a year.

Ongoing unlimited risk profiles cost less than half the fees associated with just an annual risk assessment.

Clients find they are able to avoid additional regulatory costs and reduce cyber insurance premiums.

Can I change my cybersecurity risk plan later?

Yes, we create custom plans as well to meet you where you are and where you need to go. 

STAY AHEAD OF CYBER THREATS

Access to our monthly LIVE ‘RISK CALL’ & ‘CYBERWatch News’

From live sessions with industry leaders to timely, subscriber-only reports on the latest trends, you'll have everything you need —reliably sourced and digestible summaries —to safeguard your assets, reputation, and bottom line.

Don’t miss out on the tools that give you a competitive edge in managing and mitigating cyber risks.