Kovrr

Tel Aviv, Israel
2017
  |  By Kovrr
Cybersecurity maturity assessments play a fundamental role in helping chief information security officers (CISOs) determine the level of risk their organizations face due to cyber activity. By illuminating the various areas that are exposed to exploitation, these evaluations serve as a blueprint for cybersecurity leaders tasked with making the business secure amid an increasingly risky operational landscape.
  |  By Kovrr
‍ ‍No organization, no matter the industry, is exempt from suffering from a cyber attack. The European Union formally recognized this modern-day reality in late 2022 when it published Directive (EU) 2016/1148, more commonly known as the NIS 2 Directive. As an updated version of the original directive enacted in 2016, this newer, sweeping cybersecurity regulation expanded its original scope to encompass even more business sectors.
  |  By Kovrr
‍ Today, cybersecurity is evolving into cyber risk management. The last few decades of immense technological and digital transformations have meant that, to a large extent, a business’s ability to be resilient is dependent on a reliable, free flow of data and on technology functioning without interruption. This shift has profound implications for the global economy’s ability to remain stable. ‍
  |  By Kovrr
Private equity (PE) firms have a unique power in the global marketplace, independently fostering innovation, creating jobs, and propelling economic growth. These entities infuse capital into a spectrum of industries throughout the business life-cycle, intent on delivering superior returns to investors while effectively navigating the complexities of the broader threat landscape.
  |  By Kovrr
‍Market success has often demanded that business leaders take risks. Some of the most profitable executives are those who have pursued bold initiatives, recognizing, despite the dangers, the potential rewards. However, as organizations grow and become more complex, the costs of these risks rise, demanding a more data-driven approach to its management.
  |  By Kovrr
‍ For chief information security officers (CISOs), understanding how their organization's unique cyber risk landscape has evolved is paramount. Chronological analysis not only enables risk trends to emerge with more clarity but also provides the essential context required for more informed decision-making.
  |  By Kovrr
Rome wasn't built in a day. It took architects, city planners, and laborers many years to construct it, making small developments every day. Just as with Rome, cybersecurity programs, too, require significant time and investment to come to fruition. ‍ However, without knowing their initial cyber risk exposure, it can be challenging for stakeholders to comprehend the full value that cybersecurity initiatives have already delivered to the organization.
  |  By Kovrr
Cybersecurity's overarching purpose is to better protect an organization against cyber events. However, especially in the corporate setting, it's not enough for chief information security officers (CISOs) to say they've implemented a patch or a firewall and, therefore, their systems are "more" secure. Not only is the result’s description vague, but it also offers very little insight into its ROI. ‍
  |  By Kovrr
The Securities and Exchange Commission (SEC) in the United States approved their cyber rules on July 2023, originally proposed in March 2022 for public comments (SEC, 2022; 2023). This has sparked many conversations about how the board of directors and executive management should think about cybersecurity and to what extent public disclosures should be made about cybersecurity incidents and risks. Most notable among them is the requirement that material cyber incidents be reported within four days.
  |  By Kovrr
Whether it’s supporting initiative prioritization, as discussed in Part 1, or justifying budget requests, pursuing cost-effective strategies, and calculating risk appetite levels, as discussed in Part 2, CRQ has the power to transform an organization’s mindset to include cybersecurity in strategic risk planning conversations. This transformation, known as a Shift Up strategy toward cyber management, has become more critical than ever as cyber threats evolve.
  |  By Kovrr
Join us for a monthly insightful session where each month we will: Walkthrough our CRQ platform Unveil exciting new product features (when applicable) Conduct Interactive Q&A Session.
  |  By Kovrr
Join Kovrr and Dmitriy Sokolovskiy, former CISO at Avid, as he shares his experience and provides highlights and Insights on his CRQ Journey. Some of the topics that Dmitriy will discuss.
  |  By Kovrr
On Demand webinar on the topic of Leveraging CRQ for Effective Board Level Decision Making.
  |  By Kovrr
  |  By Kovrr
  |  By Kovrr
By its nature, cyber risk is dynamic. New events happen and evolve all the time, making it difficult for enterprises to financially quantify their financial exposure to cyber attacks. Around two years ago, for example, distributed denial-of-service (DDoS) attacks were making headlines, and now ransomware has come into heightened focus. It's reasonable to believe that other types of attacks will emerge in another two years and continue to change thereafter.
  |  By Kovrr
The number of data breaches reported in the first 6 months of 2022 has put this year on track to be the lowest year of reports in the last 5 years for large US corporations. By looking at the rate at which data breach events have been reported so far this year, we predict that the number of events reported is expected to be 15-20% of the number of breaches reported in 2021
  |  By Kovrr
The 2022 Verizon Data Breach Investigations Report (DBIR), the fifteenth such report in as many years, leads off with a startling statistic: Credentials are the number one overall attack vector hackers use in data breaches. Use of stolen credentials accounts for nearly half the breaches studied by Verizon, far ahead of phishing and exploit vulnerabilities, which account for 19% and 8% of attacks, respectively. Botnets, the fourth most common entry path for hackers, represent a mere 1% of attacks.

Kovrr financially quantifies cyber risk on demand. Our technology enables decision makers to seamlessly drive actionable cyber risk management decisions.

Kovrr's Quantum Cyber Risk Quantification platform enables decision makers to understand and financially quantify the changing profile of their cyber risk exposure.

Cyber Risk Management Made Easy:

  • Communicate Cyber Risk in Financial Terms: Enhance the board and C-Suite’s decision-making process by financially quantifying cyber risk.
  • Cybersecurity Investment Optimization: Prioritize and justify cybersecurity investments based on business impacts and risk reduction.
  • Measure Cyber Security Programs’ Effectiveness: Assess the ROI of your cybersecurity program and stress test it based on potential risk mitigation actions, thereby supporting better resource allocation.
  • 3rd Party Vendors Cyber Risk Exposure Analysis: Financially quantify cyber risk within your supply chain. Gain insights Into 3rd and 4th party exposure.
  • Regulatory Compliance and Governance Reporting: Meet increased demands from regulators to continuously quantify and manage cyber risk exposure.
  • Cyber Insurance Coverage and Price Optimization: Identify gaps between risk mitigation impact versus risk cyber insurance spending and needed coverage for 1st party and 3rd party.
  • Quantitatively Benchmark and Compare your Cyber Risk Exposure: Benchmark to your industry peers and internally compare between different business entities in a consistent, measurable and accurate way.

A cyber risk management platform to quantify custom cyber risk scenarios.