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Putting a Dollar Value to Cyber Risks

Is it possible to calculate the return of investment on cybersecurity controls?Traditionally, organisations have struggled to calculate the financial losses from cyberattacks/ fraud and prioritise security investments based on Return of investment (ROI). Frameworks such as APRA CPS 234 demand regulated entities to maintain information security capability commensurate with information security vulnerabilities and threats.

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Privasec’s Breach and Attack Simulation Service

Often, when it comes to security technologies, organisations are forced to accept the “it works, just trust us” marketing copy without ever being able to validate their effectiveness within their own environment. Thus, despite knowing the security flaws, many organisations fail to detect intrusions. Offensive security testing (i.e. Penetration tests or Red Team exercises) pinpoint

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