Cybersecurity Maturity Assessments for
Data-Driven Programs
Kovrr's cyber maturity assessments, enriched by quantified event likelihoods and financial loss forecasts, provide comprehensive, communicable insights into an organization's ability to identify, contain, and respond to cyber risks. Get an assessment today.
Gaining An Advantage With a Quantified Cyber Maturity Assessment
Systematically Reduce Cyber Risk
A quantified cyber maturity assessment provides a defensible framework that cybersecurity leaders can use to elevate cybersecurity programs systematically. Instead of relying on personal judgment or outdated methodologies, organizations can harness Kovrr's reusable and data-agnostic approach, ensuring continuous mitigation and improvement that can be measured according to common business metrics.
Foster Key Stakeholder Buy-In
Kovrr's cyber maturity assessment bolstered with quantified insights provides CISOs and other cyber risk managers with results that are easily understood at the highest organizational levels. Garnering the necessary resources for cybersecurity requires support from key stakeholders. By transforming maturity levels into event likelihoods and financial exposures, budget justification becomes much more straightforward.
Highlight Success and Bolster Trust
Utilizing Kovrr's CRQ-enhanced maturity assessment enables cybersecurity leaders to demonstrate the progress they've made in terms of minimizing the organization's likelihood of experiencing an event and the overall financial exposure due to cyber activities. Thanks to these broader business metrics to showcase their achievements, non-technical stakeholders develop confidence in cybersecurity efforts.
Demonstrate Governance and Compliance
Quantified cyber maturity assessments are an excellent approach for demonstrating compliance and highlighting board members' role in overseeing cybersecurity matters. Quantified benchmarks signify that organizations have reached specific cybersecurity standards and can likewise communicate that the necessary resources have been invested in mitigating cyber risk. As global regulations expand, this compliance becomes all the more important.
How the CRQ Cyber Maturity Assessment Works
- 1
Assess Cyber Maturity Levels
Get a subject matter expert-led audit of cybersecurity maturity levels according to the preferred framework, such as NIST, CIS, or ISO, and explore quantified event likelihoods and financial loss forecasts.
- 2
Map Maturity Within CRQ Platform
After maturity levels have been assessed, the relative implementation levels of each control are input into Kovrr's CRQ platform according to the chosen framework. They can be updated as needed.
- 3
Review Gaps and Recommendations
Once the quantification has been run, CRQ platform users can explore gaps in their control posture and view specific initiative recommendations to reduce the financial exposure of various event types.
- 4
Determine Target Framework Levels
With the quantified data, cybersecurity leaders can determine which control groups require further investment and which are robust enough, subsequently aligning programs with available resources, budget, and risk appetite levels.
- 5
Calculate Cyber Initiative ROI
Kovrr's cybersecurity ROI calculator reveals whether the cost of implementation will ultimately produce a positive return. Leveraging these financial calculations, cybersecurity leaders can more easily garner additional resources from boards.
- 6
Mitigate Risk and Update Platform
CISOs can start pursuing their cybersecurity uplift strategies, feeling confident in the event forecasts. After a few months, security control levels can be upgraded to match the progress that's been made.
- 7
Demonstrate Cybersecurity Success
Kovrr's CRQ cyber maturity assessment translates cyber risk management progress into terms board members and non-technical executives tangibly understand, empowering CISOs with the language to showcase the outcomes of investments.
Cyber Maturity Assessment FAQs
Speak to an ExpertWhat is a cybersecurity maturity assessment?
A cybersecurity maturity assessment is a framework that allows organizations to measure their cybersecurity posture systematically. It can reveal the most vulnerable areas within the company, providing the basis for targeted cyber risk mitigation strategies. A quantified maturity assessment translates those maturity levels into event likelihoods and potential financial impacts.
What are the benefits of quantifying cybersecurity maturity levels?
By quantifying cybersecurity maturity levels, cybersecurity leaders gain actionable insights they can use to prioritize various mitigation initiatives. This approach reveals how much an organization's financial exposure would be reduced per security control upgrade, influencing these strategic prioritization decisions.
Can I compare my cybersecurity risk levels against my peers?
Yes. With Kovrr's CRQ maturity assessment, organizations can review their quantified cybersecurity maturity levels against key peers according to both industry and revenue bands. These comparisons can drive strategy development and provide a basis for additional resources.
Can maturity levels easily be updated to reflect progress?
Yes. After various security control upgrades have been made and your team is ready to assess new maturity levels, the process is relatively straightforward. A new audit should be conducted, and then upgrades can be reflected very quickly on Kovrr's CRQ platform.