Blogs
FAIR Risk Quantification: Turning Cybersecurity Risks into Business Insights
Cybercrime is expected to cost the world $10.5 trillion annually by 2025 (Source: Business Standard). Yet, many businesses still struggle to quantify their cyber risks in financial terms.
Webinar Recap: From Legacy to Leading Edge – Harmonizing Risk Assessment Approaches
In our recent sponsored webinar with the FAIR™ Institute, Ostrich Cyber Risk teamed up with FAIR™ experts to discuss how businesses can transition from legacy assessments to a smarter, more effective risk management strategy while aligning with industry standards like NIST Cybersecurity Framework (NIST CSF).
Cyber Risk Quantification vs. Traditional Risk Assessments: Why You Need Both
Cyber Risk Quantification (CRQ) is the process of translating cyber risk into financial terms, enabling organizations to prioritize threats, allocate resources effectively, and understand how security decisions impact business outcomes. Unlike traditional risk assessments that rely on qualitative risk scores, CRQ applies data-driven analysis to measure cyber risk in dollars and probabilities, making risk management more actionable.
Webinar Recap: Cyber Risk Assessments for Law Firms
On January 9th, we at Ostrich Cyber Risk had the privilege of hosting a webinar on Cyber Risk Assessments for Law Firms. Greg Spicer, our Co-founder and CRO, led the session alongside Arlan McMillan, CSO of a top 100 AMLaw law firm. Held in collaboration with ILTA, the webinar provided practical insights on how law firms can approach cyber risk assessments with confidence and clarity.
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The Importance of Cyber Risk Due Diligence in M&A for Private Equity Firms
Mergers and acquisitions (M&A) are complex, high-stakes ventures for private equity (PE) firms. While financial performance, market fit, and strategic alignment are crucial factors, the resilience of a target company's digital infrastructure can significantly influence deal outcomes. Cyber risk has emerged as a potential deal-maker or deal-breaker, making thorough cyber due diligence essential for successful M&A.
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The SEC, CRQ, and “Materiality”
A blog about understanding “materiality” as it pertains to the new SEC regulations, its relationship with CRQ, and how you can start implementing strategies in support of the new regulatory environment.
Illustrating the Hidden Risk Accepted by Using “Classic” Information Risk Assessment Scores and Matrices
A companion blog to illustrate some of the traditional information security approach limitations and how CRQ can solve for them – as long as we are willing to accept that data is always imperfect, models are always wrong, and the future is always uncertain.