Cyberattacks on critical infrastructure are rising, necessitating a shift from traditional qualitative cyber risk management (CRM) to cyber risk quantification (CRQ). Traditional methods assign subjective risk scores but lack financial clarity, making it difficult for organizations to prioritize investments effectively. CRQ quantifies risks in monetary terms, aiding decision-making and aligning cybersecurity investments with enterprise risk tolerances. With new TSA regulations mandating comprehensive CRM programs, CRQ can enhance incident management processes by establishing clear loss evaluations, ultimately improving proactive cybersecurity strategies and compliance.
