Cyber Risk Quantification Explained

Cybersecurity conversations too often stall at technical jargon that fails to resonate with executives and boards. Cyber Risk Quantification Explained closes this gap by translating cyber risk into financial language that decision-makers understand and trust. This book provides a practical, executive-focused guide to quantifying cyber risk using both qualitative and quantitative models, with particular emphasis on the FAIR framework. Rather than overwhelming readers with formulas or vendor hype, it shows how to connect security threats to measurable business impact, enabling more rational and defensible investment decisions. Designed for leaders who must justify cybersecurity spend, this guide explains how to: • Translate technical security risks into financial exposure • Compare qualitative versus quantitative risk models and when to use each • Apply FAIR concepts to real-world decision-making • Prioritize security investments based on business impact, not fear • Communicate cyber risk clearly to boards, executives, and finance teams • Align cybersecurity strategy with enterprise risk management Whether you are a CISO, IT leader, risk professional, finance executive, or board advisor, this book equips you with the frameworks and language needed to elevate cybersecurity from a technical concern to a strategic business discipline. Cyber Risk Quantification Explained is an essential reference for organizations seeking to make smarter, financially grounded cybersecurity decisions in an increasingly complex threat landscape.