Total Cost of Ownership (TCO) for Cyber Risk Quantification
While the average costs of cyber events rise, so do cybersecurity budgets, albeit at an extremely minimal level. This fiscal reality, which will only become more pressing as organizations scale their cyber GRC programs according to the external risk landscape, has made it all the more critical for chief information security officers (CISOs) and other security and risk managers (SRMs) to be able to evaluate the ROI of the various solutions and initiatives they implement.