Accurate risk analysis and quantification can be a daunting challenge for risk managers. The lack of reliable data on cyber risk factors often leads to fear, uncertainty, and doubt (FUD) surrounding risk assessment decisions. But now, with IRIS Risk Retina, businesses have access to customizable analytical reports that provide real-world data to support cyber risk quantification; explore the significance of IRIS Risk Retina and dive into the highlights about our available IRIS Risk Retina series designed to empower organizations to make informed decisions and enhance their cybersecurity strategies.
IRIS Risk Retina is a game-changer in the field of cyber risk management. It offers unparalleled data-driven analysis, from our team of experts, that focuses on the areas where organizations need it the most. By leveraging the world’s premier database of historical cyber loss events from Advisen, our Risk Retinas provide reliable risk data to help businesses gain insights into the evolving threat landscape. With this comprehensive analysis, risk managers can make informed decisions, confidently quantify cyber risk, and take appropriate measures to protect their organization’s critical assets.
IRIS Risk Retina offers a range of subsector reports that provide baseline analyses of cyber risk factors in specific industries. These reports are designed to cater to the unique challenges faced by organizations in different sectors.
Available Risk Retina Reports
Non-Profit: Discover the insights and statistics behind cybersecurity incidents in the nonprofit sector with the IRIS Risk Retina for the Non-Profit Sector. Analyzing a decade’s worth of data from January 2012 to December 2021, this comprehensive study sheds light on the cyber risks faced by nonprofit organizations today. With 1,994 loss events examined, we present key findings that support the quantification of cyber risk. Uncover the upper-bound average annual probability of publicly known incidents at 12.5%, the geometric mean of $145,000 for reported financial losses, and the 95th percentile impact reaching $9 million. Furthermore, we delve into the long tail of rare yet highly damaging events, with a 95% Tail Value at Risk surpassing $350 million for large nonprofits. Don’t miss out on this valuable resource – download the report now and gain actionable insights to strengthen your organization’s cybersecurity strategy.
Transportation Sector: Gain valuable insights into the cyber risks faced by Transportation firms with our comprehensive report, “IRIS Risk Retina Transportation.” Spanning a 10-year period from January 2013 to December 2022, this study analyzes 670 loss events to provide key statistics for cyber risk quantification. Discover the upper-bound average annual probability of publicly known cybersecurity incidents at 13.5%, with reported financial losses ranging from a geometric mean of $267,000 and a 95th percentile impact of $113 million. Furthermore, explore the long tail of rare yet highly damaging events, with a 95% Tail Value at Risk exceeding $3 billion for Transportation firms. System intrusions emerge as the most common type of incident, comprising nearly 50% of all events, while ransomware proves to be the costliest, accounting for almost 45% of losses. Request the report to access a comprehensive analysis of cyber risk factors within the Transportation Sector.
Financial Services: Discover the insights you need to quantify cyber risk in the financial industry with our comprehensive IRIS Risk Retina® for Financial Services Sector. Over a 10-year period from January 2012 to December 2021, we analyzed 7,950 loss events, providing you with key statistics to understand and manage present-day risks. From the upper-bound average annual probability of cybersecurity incidents to reported financial losses and the long tail of rare but damaging events, this report is a must-have resource. Enhance your risk management strategies and request your copy of the report now to stay ahead of cyber threats in the financial sector.
In addition to the main IRIS Risk Retina for the Financial Services Sector, we also have two addendums available now! Gain a deeper understanding of the intricacies within the Financial Services sector with our comprehensive analysis. The first addendum delves into the Credit Intermediation subsector (NAICS code 522), utilizing the latest Advisen data from February 27, 2023. Discover the unique characteristics and nuances of this subsector, offering valuable insights for risk assessment and decision-making. In the second addendum, we explore the Insurance subsector (NAICS code 524), providing additional resolution and shedding light on its distinct features within the broader Financial Services landscape. Our goal is to empower users with a granular understanding of these subsectors, enabling informed strategies and proactive risk management.
Information Services: Gain valuable insights into cyber risk quantification in the Information Services sector with our comprehensive IRIS Risk Retina® for Information Services Sector. Spanning a 10-year period from January 2013 to December 2022 and analyzing 3,125 loss events, this report offers key statistics to help you navigate present-day risks. From the upper-bound average annual probability of cybersecurity incidents to reported financial losses and the long tail of rare but impactful events, this resource provides essential information for effective risk management. Optimize your understanding of cyber threats in the Information Services industry – request the report now!
We also have published the IRIS Risk Retina Telecommunications Subsector Addendum, a powerful supplement to our comprehensive Information Services sector report. This addendum, leveraging the latest Advisen data from February 27, 2023, offers invaluable insights and enhanced resolution specifically tailored to the Telecommunications subsector (NAICS code 517).
Cure Your F.U.D.
With Cyentia’s IRIS Risk Retina, businesses can tailor their risk management strategies to address the unique challenges and vulnerabilities within their industry, accessing reliable data-driven insights to support their cyber risk quantification efforts. By leveraging the comprehensive analysis provided by these reports, organizations can make informed decisions, enhance their cybersecurity defenses, and confidently address the evolving cyber threat landscape. Don’t let the fog of cyber risk analysis hinder your organization’s security, take control and gain clarity with IRIS Risk Retina reports today.
To access these valuable reports and take the first step towards enhancing your cybersecurity posture, contact us to request the specific reports that cater to your industry.
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