Manage Risk and Optimize Portfolios With Cyber Risk Quantification
Better understand your organization’s cyber risks and improve your portfolio's cybersecurity posture by financially quantifying its risk exposure. Leverage insights into the company’s unique risk landscape and prioritize mitigation efforts based on objective, calibrated data.
Get StartedQuantify Cyber Risk. Make Smart Business Decisions.
How Does CRQ Assist My Organization?
Improve communication between its board of directors and cybersecurity teams
Prioritize mitigation efforts according to its most significant risks
Monitor the effectiveness of its cybersecurity program
Lower and optimize cyber insurance costs for portfolio companies
Justify investments in cyber risk mitigation projects and better understanding ROI
Instantly Benchmark Cyber Insurance With Industry Peers
Kovrr has partnered with LineSlip, a leading data analytics provider, for the launch of their Peer Comparisons solution, enabling enterprises, insurance brokers, and PE firms to quickly benchmark how their cyber insurance stacks up to real-world peers. With LineSlip’s innovative tool, organizations gain insights into their peers’ limits, retentions, premiums, and modeled losses, arming them with the intelligence necessary for policy optimization.
Discover How One PE Firm Lowered Costs by 17%
Kovrr’s platform brings together the key stakeholders that will be directly involved in evaluating and determining a cyber event’s materiality. This group generally includes:
How Does Cyber Risk Quantification Work?
Kovrr's modeling methodology leverages a Monte Carlo analysis to run a 10,000-year simulation, taking into account your organization's cybersecurity posture, threat landscape, and cyber insurance data. The result is a wide array of financial insights according to various impact scenarios specifically related to your organization's cybersecurity framework, allowing you to prioritize your cyber risk management efforts accordingly.
Dive into the Benefits of Quantifying Your Portfolio’s Risk
Financial Cyber Risk Quantification
Assess each of your organization’s or portfolio companies' cybersecurity posture according to their specific industries, revenue sizes, and other firmographics. Harnessing quantified insights from Kovrr, you can compare their cyber performance and risk likelihoods to key peers and discover areas that may be worth investing in to ensure business security and resiliency.
Streamlined Communication With The Board
By translating your company’s cyber risk landscape into financial terms and event likelihoods, the board of directors can finally contribute meaningfully to cybersecurity discussions. When technical cyber terms are transformed into a broader business language, board members and other executives have a more tangible understanding of the loss the portfolio potentially faces, facilitating data-driven discussions.
On-Demand Cyber Posture Monitoring
By translating your company’s cyber risk landscape into financial terms and event likelihoods, the board of directors can finally contribute meaningfully to cybersecurity discussions. When technical cyber terms are transformed into a broader business language, board members and other executives have a more tangible understanding of the loss the portfolio potentially faces, facilitating data-driven discussions.
In-Depth Knowledge of Most Critical Risks
With finite resources in the age of rampant cyber risk, it's essential to focus on mitigating those risks that pose the highest threat to your organization or portfolios. Our cyber risk quantification platform highlights these risks, ensuring your team invests in the areas that will have the highest security impacts
Cyber Investments With Positive ROI
Discover whether a specific mitigation action is economical. With Kovrr's CRQ solution, you can determine the precise financial loss reduction that occurs along with a specific control upgrade. Our ROI calculator reveals whether or not it is cost-effective to pursue a specific mitigation strategy, equipping you with the information necessary to justify your initiatives to budget-makers.
Optimized Insurance Coverage
With the financial implications of risk and their associated likelihoods drilled down according to standardized insurance loss impact scenarios, you can work with your insurance provider to create an optimized coverage plan. Kovrr's CRQ platform compares your current policy to the company's risk for you, automatically evaluating the cost-effectiveness and revealing areas for improvement, such as lower premiums or limits.
Learn How One Organization Gained a More Cohesive Risk Overview
A large logistics company was looking to assess a long-term alternative approach to decrease its cyber risk exposure and, in turn, reduce its financial exposure. With Kovrr’s Cyber-Sphere and internal data integrations, they were able to do so.
Read the Full Case StudyWhy Quantify Risk With Kovrr?
Kovrr's extensive database of loss data sources consists of privileged cyber insurance claims, millions of data points, and global event intelligence. Our advanced models undergo continuous and rigorous calibrations, offering an in-depth, tailored analysis that goes beyond conventional risk assessments.
Our CRQ solution provides you with a nuanced understanding of your organization's most significant risks. Evaluate which cyber events are most likely to occur and their relevant associated potential magnitudes. Then, develop a data-driven prioritized mitigation plan that optimizes limited resources.
Examine your organization’s cyber exposure according to any granular level, including group, subsidiary, and entire company units. Breaking down a company's risk according to different assets provides a simultaneous view of the various components of risk while maintaining a holistic understanding.
Kovrr's cyber risk quantification solution integrates with multiple third-party security systems, offering an increased level of visibility of the company's assets and vulnerabilities. These capabilities significantly reduce manual data entry and subjective evaluations, ensuring that portfolio assessments are highly accurate.