In a world increasingly shaped by cyber threats, business leaders need more than vague estimates or crayon-based rankings to make informed decisions: they need clarity, relevance, and actionable insight. That’s where Axio’s Cyber Risk Quantification (CRQ) methodology comes in. It’s a pragmatic, value-centric, and scenario-based approach to understanding cyber risk in real business terms, empowering organizations to take control of their cyber exposure. Here’s how it works.
As a long-time consultant to our cybersecurity customers, and now as the product manager for Axio Quantification, I’ve had a front-row seat to the evolution of cyber risk quantification (CRQ). I’ve seen firsthand how time-consuming and resource-intensive it can be for organizations to begin to understand the financial impact of cybersecurity risks. As a result, cyber risk quantification has come to be viewed as a daunting task.
Welcome to Axio’s series on cybersecurity for healthcare providers, where we share expert insights and practical advice tailored to the unique security needs of the medical sector. Our aim is to equip healthcare security professionals with the knowledge and tools necessary to safeguard sensitive patient data against increasing cyber threats. Each installment of this series will explore various aspects of cybersecurity risk management we have deployed with Axio customers. By staying informed and proactive, healthcare providers can ensure a secure environment for both their patients and their practice.
The NIST Cybersecurity Framework (NIST CSF) provides a good foundation of security controls for achieving privacy objectives, such as those required to comply with the California Consumer Privacy Act (CCPA) or the General Data Protection Regulation (GDPR)—the two regulations that set a new, higher standard for privacy.