Prioritize and justify cybersecurity control investments using risk analysis
An individual control's effectiveness rarely correlates with its contribution to overall risk reduction due to cybersecurity's complexity - the combination of compliance frameworks, threats, vulnerabilities, kill chains, and controls.
Monaco Risk’s patented control analytics model (the Cyber Defense Graph™) uses individual control effectiveness metrics to calculate and visualize their baseline and projected contributions to overall cyber defense.
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Use our Cyber Risk Advisory Services to reduce your time commitment from months to hours.
Improve collaboration with business leaders by bridging the cybersecurity metrics – business risk gap
Business leaders understand that cyber risk is business risk. But too often they resist budget requests because they don't understand the value of proposed control improvements.
Monaco Risk's Cyber Risk Advisory Service provides a Risk-Informed Defense process that calculates and visualizes the aggregate efficacy of the organization's control portfolio and translates it into financial terms.
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This helps CISOs collaborate with the business leaders who set cybersecurity budgets.
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Security teams must prioritize from among dozens of controls to protect against hundreds of threat types described by MITRE ATT&CK®, across the thousands of overlapping attack paths into and through your organization.
Analyzing individual kill chains does not provide the holistic visualization required to rationalize your portfolio of controls and optimize your cybersecurity budget.
Monaco Risk’s Cyber Defense Graph™ analyzes and visualizes each control's current and potential contribution to reducing the probability of material financial impact due to loss events.
This helps you prioritize your team's efforts, eliminate redundant controls, and cost-reduce controls needed for compliance but don’t reduce risk.
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Rationalize your cyber control portfolio spend using kill graphs
Report on cybersecurity posture improvements in financial terms
Monaco Risk’s Advisory Service supports reporting cybersecurity improvements to business leaders.
Providing technical metrics such as the percentage of vulnerabilities remediated or even improvements in vulnerability “burn-down” rates does not resonate with business leaders
Show how these technical metrics reduce the probability of material financial impact on the business due to the loss events of concern to the business leaders.
Improve cooperation with IT and DevOps
Resolve security needs vs. compliance requirements
Monaco Risk’s Advisory Service helps resolve the tension between security and compliance.
Our Cyber Defense Graph™ shows where lower cost controls can be deployed because their contributions to risk reduction are low. This conserves the budget for controls whose contributions to risk reduction are high.
Our Cyber Defense Graph™ shows where lower cost controls can be deployed because their contributions to risk reduction are low. This conserves the budget for controls whose contributions to risk reduction are high.
Monaco Risk’s Advisory Service process minimizes the security team’s time and delivers useful and credible results with only hours of effort.
Using Monaco Risk’s Loss Event Taxonomy assures security teams and business leaders that risks are quickly and efficiently prioritized.
Monaco Risk uses prebuilt templates for loss event types and default values for control efficacy, coverage, and governance. These can quickly be overridden to accommodate individual business requirements.
