New Framework Helps Companies Quantify Risk

The World Economic Forum has released a new framework this week that helps companies calculate the risk of cyberattacks.
The risk calculation has three components -- an assessment of a company's vulnerabilities and defenses, the potential cost of data breaches, and a profile of the attacker.
Security experts praised the framework's holististic approach towards cyberrisk.
“The framework's orientation towards probabilistic models of possible losses from attacks will keep businesses focused o