The World Economic Forum has released a new framework that helps companies calculate the risk of cyberattacks. The framework has three components — an assessment of a company’s vulnerabilities and defenses, the potential cost of data breaches, and a profile of the attacker. Security experts praised the framework’s holististic approach towards cyberrisk. It builds on President Barack Obama’s cybersecurity agenda, particularly when it comes to raising awareness and information sharing. The lack of good data is also holding back the evolution of a strong cyber insurance market, said Mike Lloyd.”]
Source: https://www.csoonline.com/article/2874171/new-framework-helps-companies-quantify-risk.html