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CyberRMS is a cyber risk calculator, based on mathematical modeling, which provides the user with a precise and clear quantitative risk assessment for a given company. Additionally, CyberRMS supports the risk management process by recommending the purchase of an optimally selected cyber insurance. When modeling cyber risk, the calculator takes into account the type of business, company size and different types of potential hacking attacks. Moreover, CyberRMS supports the risk management process by recommending the purchase of individually selected cyber insurance.
The Innovation supports management decisions by quantifying the cyber risk exposure of a specific company. Such risk monitoring is required by various cybersecurity regulations, including GDPR and the ISO 27000 standard. Another benefit is the possibility of a reliable assessment of the effectiveness of investments in cybersecurity, which will be appreciated by employees of cybersecurity departments. Among the beneficiaries of the Innovation are also insurance brokers, for whom it will provide the professional support for broker’s recommendations on insuring cyber risks.
