Re-Educating Your Guesses: How To Quantify Risk and Uncertainty

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Presented at Texas Cyber Summit 2023 by

Sara Anstey

Asking for budget and justifying spend in cybersecurity departments can be a difficult task due to limited data and high uncertainty of future events. This talk will dive into quantitative risk analysis as it relates to cybersecurity - how to model uncertain events and understand financial risk. Attendees will see a first hand demonstration of how quantitative modeling can be used to communicate risk and understand ROI. Attendees will walk away with the tools needed to present cyber risk as a dollar amount that can be easily understood by other business decision makers at their company.