From qualitative to quantifiable: Transforming cyber risk management for critical infrastructure

In the world of technology, where everything from our personal phones to the biggest airport systems connects to the internet, keeping these networks safe is super important. The Transportation Security Administration (TSA) plays a big role in this by making rules to protect the places and systems that are really important for our country to keep running smoothly.

The TSA is stepping up their game with new rules that tell companies who run important services, like trains, planes, and electricity, that they have to share info when they have a cyberattack. This is a big deal because if everyone knows more about the attacks that happen, they can better prepare and protect themselves from similar troubles.

Understanding the risks of cyberattacks isn’t just about saying there’s a “high” or “low” chance of something bad happening. It’s also about knowing what that risk could mean in terms of time, money, and how it could affect the community. This is what cyber risk quantification is all about – basically, it’s putting numbers on the risk so companies can make smarter decisions on how to protect themselves.

When companies know the specifics – like how much money they might lose if they got hacked – they can do a better job at setting priorities and figuring out where to spend their money to keep things safe. This is way better than guessing or just going on gut feelings. It’s about making smart choices with the right information.

That’s where the Diversified Outlook Group can lend a helping hand. If all this talk about cyber risks and new TSA rules seems overwhelming or complicated, they’re the go-to team to make sense of it all. They offer the tools and know-how to help businesses understand their cyber risks and what to do about them. Reach out to them at support@diversifiedoutlookgroup.com to start putting a plan in place to keep your business safe in the digital age.

For further reading and to see where this thought came from, check out this informative article: cyberscoop.com/from-qualitative-to-quantifiable-transforming-cyber-risk-management-for-critical-infrastructure/. It’s a great resource for getting deeper into how knowing your cyber risk in numbers can make a real difference.

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