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Case Study - Decision Making with FAIR - Quantification and The Rise of Class Action Lawsuits
Video with Slides |
We have all seen the value of running FAIR analysis across a number of business situations. But how can the output of FAIR analyses be applied to everyday business decisions? What do the numbers mean related to decisions business leaders have to make on a daily basis? Denny and Chip examine several case studies with thought leaders. Firstly, George speaks on the business challenges in managing cyber risk disclosure for directors. Trish shares the insights from the recent survey of 415 general counsels and chief legal officers which registered a spike in expected data privacy and security related class actions. Visesh explains how cyber risk modelling and quantification tools support these disclosure processes. The examined scenarios will include insurance purchase and evaluation based on the new ISO 27102 Standard for Cyber Insurance.