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Calculating Business Impact

In today’s digital landscape, gaining a deep understanding of how cybersecurity threats can affect business-critical systems is crucial for maintaining operational integrity and business resilience. Without this insight, organizations may struggle to anticipate and mitigate risks that could disrupt key functions or lead to significant financial and reputational damage. During this webinar, we explored what higher-level methods of business resilience should entail as well as covered the operational and cash flow consequences if a key system goes down, such as a facility being unable to produce for weeks. Watch to learn the understanding of how to: • Establish the foundational requirements required to measure Business Impact • Build a methodology for measuring Business Impact • Effectively communicate technical priorities to business leadership • Effectively communicate business risk tolerances and appetites to the technical teams Join TrustedSec Director of Advisory Innovation, Rockie Brockway, as he dives headfirst into establishing a methodology for measuring Business Impact, which is an often overlooked but crucial part of a comprehensive cybersecurity strategy. Focusing on Business Impact Analysis (BIA), Rockie highlights how to measure the impact and cost of critical systems being breached or otherwise unavailable. Whether used as a stand-alone process or part of a broader Business Risk Assessment, BIA helps organizations quantify the financial, operational, and reputational impact of disruptions to their critical systems.