RiskLens specializes in the quantification of cybersecurity risk. RiskLens’ cyber risk quantification software is purpose-built on FAIR (Fair Analysis of Information Risk), the international standard quantitative model for information security and operational risk. RiskLens leverages calibrated estimates, statistical simulation methods such as Monte Carlo, industry-first loss tables and a prescriptive analysis workflow to quantify the probable financial loss exposure of cybersecurity events.
Through integration, Archer clients can leverage RiskLens’ Cyber Risk Quantification Analyses. The integration adds RiskLens quantified analysis information directly to a Risk Issue. This allows the Risk Issue to be assessed alongside other issues with FAIR quantified risk outputs. Analyses can be updated over time and the changes can be sent back to the corresponding Risk Issue with the changes.
RiskLens integration with Archer enables organizations to:
Quantify exposure to cyber risk in financial terms
Pass cyber risk quantification data to inform risk prioritization
Prioritize risk mitigations based on business impact
Conduct cost-benefit/ROI analysis of cybersecurity initiatives