Kovrr's Quantum Cyber Risk Quantification platform enables decision makers to understand and financially quantify the changing profile of their cyber risk exposure.
Learn MoreEnhance the board and C-Suite’s decision-making process by financially quantifying cyber risk.
Prioritize and justify cybersecurity investments based on business impacts and risk reduction.
Assess the ROI of your cybersecurity program and stress test it based on potential risk mitigation actions, thereby supporting better resource allocation.
Financially quantify cyber risk within your supply chain. Gain insights Into 3rd and 4th party exposure.
Meet increased demands from regulators to continuously quantify and manage cyber risk exposure.
Identify gaps between risk mitigation impact versus risk cyber insurance spending and needed coverage for 1st party and 3rd party.
Benchmark to your industry peers and internally compare between different business entities in a consistent, measurable and accurate way.
Kovrr has developed its own proprietary data sources and partnered with world leading third party data providers to compile and continuously update an extensive view of the cyber risk landscape. Curated data includes frequency of cyber attacks, financial impact of incidents and security resilience of millions of organizations worldwide. In addition, Kovrr allows you to leverage your preferred cybersecurity vendors’ data and embed into its CRQ modeling framework.
Kovrr's model predicts the company's cyber risk by running thousands of simulations to find all possible outcomes to produce a full risk distribution. Cyber risk modeling needs to take into account the cyber data about the company and cross-reference it with the industry data along with the cyber context in which the company operates. We use a business impact based approach in which impact scenarios reflect types of losses summarized into six categories that align with standard insurance coverages.
Transform cyber security data into financially quantified cyber risk. Kovrr provides a financial risk overview including high, average, and low exposure loss analysis, trends, industry benchmarks, business impact scenarios, and more. Insights include an analysis of a company's security controls and recommendations for reducing financial exposure by control upgrade, including ROI for selected cybersecurity control projects. Additional risk transfer recommendations are provided based on current cyber insurance terms and conditions and a company's cybersecurity posture. Users can also understand their exposure to third-party cyber risk for a completed view to better manage their cyber risk.