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By Kovrr
Shadow AI is the term for AI tools, models, and capabilities that operate within an organization without formal approval, oversight, or governance. It is the enterprise AI equivalent of shadow IT, which is the unauthorized software and cloud services that proliferated as employees found faster ways to get work done than waiting for IT procurement cycles. The difference is that the consequences of unmanaged AI are considerably more significant than those of unmanaged software.
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By Kovrr
Artificial intelligence (AI) is transforming industries, but it also introduces new risks that organizations must manage. Effective AI risk management is a critical function within AI governance. This article explains how AI risk management fits into the broader governance framework, why it matters, and how organizations can adopt a connected, data-driven approach to reduce AI-related risks continuously.
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By Kovrr
Cyber risk quantification (CRQ) is the process of attributing numerical values to a cyber event's impact on an organization. When defined in financial terms, these values enable enterprises to assess and manage their cyber risks at the operational level.
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By Kovrr
Enterprise artificial intelligence adoption is scaling at a pace that manual inventory methods simply cannot match. This rapid proliferation has created a severe visibility chasm for security and risk teams: it is fundamentally impossible to govern, secure, or quantify what you do not know exists. To bridge this gap, organizations are shifting away from point-in-time compliance audits and adopting continuous discovery.
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By Kovrr
Artificial intelligence (AI) is transforming businesses worldwide, offering powerful tools to automate, analyze, and innovate. Yet, with this power comes significant risk. Organizations must implement AI governance frameworks that map, measure, and manage AI risks continuously. This article explains how effective AI governance helps prioritize risks aligned with business goals, enabling companies to mitigate threats before they escalate.
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By Kovrr
Artificial intelligence (AI) is transforming businesses rapidly, but weak AI governance creates significant risks. Without proper oversight, organizations face costly data breaches, operational failures, and damage to their reputation. This article explains why strong AI governance is essential to managing these risks.
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By Kovrr
Cyber risk has long outgrown its classification as a technical concern. For organizations serious about protecting enterprise value, managing cyber exposure requires financial grounding and the ability to communicate risk in terms that drive real decisions at the board and executive level. The distance between organizations that manage cyber risk strategically and those that report on it comes down to measurement approaches and the programs built around it.
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By Kovrr
Artificial intelligence (AI) offers businesses vast opportunities to boost efficiency, improve decision-making, and innovate faster. Yet, these benefits come with significant risks that can impact business operations and resilience if not managed carefully. This article explores how organizations can balance leveraging AI’s advantages while controlling its inherent risks.
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By Kovrr
Kovrr's cyber risk quantification (CRQ) models are built on a continuously updated database of real-world cyber events, drawing on regulatory disclosures, company filings, legal reports, and proprietary insurance claim intelligence to produce financial exposure estimates grounded in how incidents actually unfold.
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By Kovrr
Boards want answers, not technical dashboards. Three AI tools tried to build the perfect AI risk slide for ACME Corp, and all three left out what matters most.
live webinar with Aaron Turner, IANS Faculty, who presents findings from his recent IANS research, 7 Steps to Securing Multi-AI Deployments, and explain how security teams can apply proven principles to modern AI systems.
Kovrr’s new AI Risk Governance Suite gives enterprises the visibility, structure, and measurable control needed to manage GenAI responsibly across its full lifecycle. Join us for Office Hours: Part 1, where Or Amir will walk through the first three modules of the suite—showing how enterprises can gain real-time oversight and quantifiable insight into their AI landscape: Discover how these capabilities help enterprises align innovation with accountability—building a defensible foundation for responsible GenAI adoption.
In this session, Or Amir, Product Manager at Kovrr, showcases our new AI Risk Assessment and AI Risk Quantification modules — helping enterprises gain visibility, benchmark maturity, identify shadow AI, and turn exposure into measurable outcomes.
Explore Kovrr’s brand-new CRQ-Powered Cyber Risk Register — a first-of-its-kind solution that’s redefining the way organizations build cyber GRC programs and manage cyber risk. Led by Or Amir, Product Manager at Kovrr, this session will offer a hands-on deep dive into the risk register’s extensive capabilities and show you why moving beyond static, spreadsheet-based registers to a fully quantified, dynamic risk intelligence framework is necessary for achieving resilience in today’s landscape.
On June 15, 2024, half a year after the SEC's cybersecurity regulations were enacted, smaller organizations—those with a public float under $250 million or annual revenue under $100 million—were finally subject to report material cyber events on Form 8-K, Line 1.05. However, as the larger entities have already demonstrated, determining materiality can be complex, requiring stakeholders to consider financial loss, compromised data records, operational impacts, and more.
* Explore some of the top use cases for which our on-demand CRQ platform is utilized, walking through the specific features and how to leverage them for each of the use cases. These use cases include high-level communication and board reporting, insurance optimization, budgeting, and additional resource justification.
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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)
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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)
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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.
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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.
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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.
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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
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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.
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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.