Bob presents IT risk in red, yellow, and green. Alice takes a different approach – using probabilities, financial impact, and clear analysis to guide her board’s decisions. The story illustrates the shift from traditional risk reporting to quantitative IT risk assessment – and how data-driven insight leads to stronger, more informed decisions.
A crisis plan is useless without practice. Real resilience comes from training, adapting, and learning from mistakes. As Mike Tyson said, “Everyone has a plan until they get punched in the mouth.” Train for the punch—so you can keep moving forward.
Erik Sørup Andersen has collaborated with Henry Stewart Publications on a peer-reviewed article.
The article provides an in-depth analysis of ransomware risk and the importance of using quantitative methods to assess and mitigate this risk.
CRQ replaces guesswork with data-driven insights, prioritising risks by financial impact. Early adopters gain the edge. Waiting for perfect data means falling behind, while those who act can strengthen resilience and drive better outcomes.
Quantifying cyber risk helps organisations secure better coverage, reduce premiums, and align policies with actual exposure. A data-driven approach ensures smarter insurance decisions, stronger protection, and more cost-effective risk management.
Thursday, December 7, 2023 was an important day for ACI.We held our December seminar on IT Risk quantification.We were proud that more than 180 people had signed up for the seminar from more than 100 organizations across Europe.We shared experiences from 5 years of...
Earlier this year, the first part of this article was published. It’s a good place to start to learn why you want to understand your company’s attack surface. Websites and online databases tend to over-share – you should aim to limit this. But some information is...
In a previous article, When a robot gives better estimates than a human, Bo Thygesen from ACI describes how we use the LENS model to avoid human bias and have a “robot” estimate probability and loss for hundreds of systems better...
Almost daily, we hear about how cyber threats and IT risks increase globally across industries. Sadly, the methods and tools used for IT risk management today do not deliver the consistent decision support that organizations need. On March 23rd 2023, we conducted a...
The International Standards Organization recently published an updated version of their guidance for information security risk management, but they have missed the mark entirely on quantitative methods. What is ISO 27005? The ISO/IEC-27005 is one of the key standards...