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Learn how to measure information risk in financial terms

Learn a common language and framework that allows information technolgy and security professionals and business leaders to communicate and partner effectively

Workshop Overview:

This workshop is intended to introduce IT and cybersecurity professionals and organizational leaders to the current state-of-the-art in measuring information risk and to help them acquire the foundational skills used to identify, assess and communicate risk using a common vocabulary and method through demonstration and hands-on exercises.

Learning Outcomes:

By the end of the workshop, adult participants will be able to:

• Understand risk as a combination of the likelihood and impact of an event within a specified context
• Compare the use of risk matrices (heat maps) with current value at risk (VaR) quantification models
• Evaluate the sources of data used to quantify risk, including security logs, publicly available breach data, surveys, and expert opinion
• Understand and apply the FAIR standard in describing and characterizing risk scenarios
• Utilize stochastic simulations to measure information risk
• Quantify the relative value of multiple proposed controls to reduce risk