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Converts cyber risk into financial exposure metrics for board-level reporting.
Converts cyber risk into financial exposure metrics for board-level reporting.
ON2IT Cyber Risk Quantification (CRQ) is a managed service that converts technical security telemetry into financial exposure metrics, enabling organizations to express cyber risk in monetary terms rather than qualitative ratings or heatmaps. The service follows a five-step methodology: 1. Protect Surface Mapping – identifies critical data, applications, assets, and services to ring-fence value 2. Control Maturity Assessment – evaluates the strength of preventive and detective controls across IT, OT, and Cloud environments 3. Real-Time Risk Dashboard – translates vulnerabilities and alerts into dollar-denominated exposure figures that update as controls improve 4. 24×7 Monitoring & Response – a global SOC with defined playbooks to reduce dwell time and cap incident costs 5. Evidence Automation – generates audit-ready compliance packs with a single action The framework aligns to NIST CSF 2.0 and produces metrics formatted for insurers and regulators. It is specifically designed to support U.S. SEC material incident disclosure requirements (4-business-day rule) as well as DORA and NIS2 compliance obligations. CRQ provides board- and C-suite-level dashboards showing risk trends tied to specific security initiatives. It also supports security investment decisions by quantifying risk reduction per dollar spent on controls, and offers automated evidence packs to reduce compliance audit preparation time.
Common questions about ON2IT Cyber Risk Quantification (CRQ) including features, pricing, alternatives, and user reviews.
ON2IT Cyber Risk Quantification (CRQ) is Converts cyber risk into financial exposure metrics for board-level reporting. developed by ON2IT. It is a GRC solution designed to help security teams with NIST, Security Reporting.
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