Unknowns Hurt More
In business and in life, facing the unknown is often worse than dealing with bad news. At least when a threat is known, teams can prepare, budget, and respond. Cybersecurity is no different. As digital threats multiply, many businesses are still in the dark about what those risks mean in financial terms. As a measure meant to help “see” cyber risk, Resilience, a cyber risk solutions provider, launched the Cyber Risk Calculator. This free, AI-powered tool turns cyber uncertainty into clear financial projections.
It gives security leaders, CFOs, and executives a unified view of their cyber risk exposure, measured in dollars. It supports cybersecurity investments and strengthens the underwriting process for cyber insurance by helping insurers and insureds align on measurable risk exposure.
A Smarter Way to Tackle a Complex Problem
Assessing cyber risk has always been tricky. There’s limited historical data, predicting new threats is complicated, and measuring impact is hard. Resilience feels existing tools like heat maps fail to connect the dots between threats and actual financial consequences.
The Cyber Risk Calculator seeks to change that. It asks six basic questions, analyzes firm-specific data, and returns a projected loss estimate. The result? A more precise understanding of how exposed a company is, and what financial damage a cyberattack could cause.
According to Resilience, risk levels can differ by 35% based on key controls like multi-factor authentication or vendor oversight.
Speaking the Same Language: Finance Meets Cyber
The tool bridges the gap between technical and financial teams. “We built this so the server room and the boardroom could finally understand each other,” said Dr. Ann Irvine, Resilience’s Chief Data Officer.
CEO Vishaal Hariprasad added, “Too many companies know they’re vulnerable but have no clue what it means financially. This tool fills that gap.”
Targeted at companies with $50M–$10B in revenue, the tool is free to use via Resilience’s broker network.
More News You Might Find Interesting
Coalition Unveils New Cyber Insurance Policy with Expanded Coverage(Opens in a new browser tab)
