deepthi sToday, we have a hyper-connected economy. Every business faces cybersecurity risks that can potentially damage its reputation, disrupt operations, and cost a fortune. But the question is: how can you quantify those risks when you face unique threats?
Cyber risk quantification connects abstract threats to measurable financial impact. Mitigata’s platform helps organisations run cybersecurity risk assessments. We use actionable intelligence to help industry leaders clearly prioritise investments and strengthen cyber resilience.
Cybersecurity Risk Quantification Explained
Risk quantification in cybersecurity evaluates potential losses from cyber incidents using both qualitative and quantitative methods. We assign financial risk values enabling organisations to strategically address vulnerabilities and improve their overall cyber maturity.
Our key components include:
- Cybersecurity risk assessment
- Vulnerability assessment in cybersecurity
- Security risk analysis in cybersecurity
- Cyber risk metrics and risk scoring models
Mitigata’s console simplifies cyber risk quantification through automated, data-driven evaluations. We then translate technical risk into measurable business outcomes.
Cyber Risk Quantification in Key Industries
Understand how different industries measure, prioritise, and reduce cyber risks using data-driven quantification models that turn security threats into predictable business outcomes.
Healthcare: To Manage Sensitive Data and Compliance
Cybersecurity in healthcare becomes more important each day. Medical data is the prime target of cyberattackers. A single breach can expose thousands of patient records, leading to compliance violations under laws such as HIPAA or GDPR.
- Healthcare cybersecurity threats grew by over 67% in 2024, with average breach costs reaching $11.45 million per incident.
- Hospitals and telemedicine platforms use information security risk assessment tools to evaluate device vulnerabilities (IoMT) and clinical system risks.
Mitigata enables risk analysis aligned with your healthcare security posture by measuring probable loss exposure. We then provide consistent information security risk assessment and automate compliance monitoring.
Quantify Cyber Risks Smarter and Strengthen Resilience with Mitigata’s CRQ
Get measurable cyber exposure, financial impact insights, and prioritized actions for stronger protection.
Financial Services: To Quantify Systemic and Third-Party Exposure
Cyber risk quantification goes beyond basic regulatory reporting for banking and financial institutions. CRQ helps boards to understand the economic impact of ransomware, fraud, or third-party data leaks.
Did you know? A typical financial cyber incident costs over $6.08 million, one of the highest costs across other sectors.
Vendor cybersecurity assessments and quantitative cyber risk analyses help prioritise the most critical exposures across partners and digital spaces.
With the Mitigata console, financial firms can gain dynamic risk scores and perform supplier cybersecurity assessments. You can align with the cybersecurity standards of RBI, SEBI, and IRDAI.
Manufacturing: To Secure Productions and Industrial Systems
The manufacturing industry faces growing risks from Operational Technology (OT) and industrial IoT. This is where Industrial cybersecurity risk assessment comes into play to avoid downtime.
Reports show that 48% of manufacturers experienced at least one cyberattack targeting production systems in 2024.
Vulnerability identification and structured threat assessment maintain continuity and ensure worker safety. Mitigata’s cyber risk quantification models track operational and IT dependencies to provide a unified cyber posture assessment, enhancing manufacturing strength.
Read this expertly created guide highlighting the importance of cyber insurance for manufacturing companies.
Turning Risk Assessment Into Security Action with Mitigata
While every organisation performs some form of cybersecurity risk assessment, few translate those reports into board-level decisions. Mitigata continuously provides your business with a quantitative evaluation.
Our platform provides:
- Automated cyber risk quantification tools
- Real-time vulnerability and threat analysis
- Industry benchmarking
- Dynamic cyber maturity assessment scores
- Cybersecurity maturity roadmaps
A comprehensive cybersecurity posture assessment powered by Mitigata helps organisations accurately benchmark, budget, and build proactive defence strategies
Accelerate security decision-making with Mitigata’s advanced Cyber Risk Quantification.
Turn uncertainty into clarity with real time, data backed insights from our cyber experts.
Conclusion
Cybersecurity is no longer about merely identifying threats; it’s also about measuring them to take actionable steps ahead. We can observe AI-driven attacks and rising regulatory expectations, so business leaders need precise cybersecurity risk analysis.
With Mitigata, your business can replace guesswork with clarity. By quantifying cyber risk in financial terms, they build confidence, achieve compliance, and strengthen enterprise resilience across all sectors from healthcare and finance to manufacturing and beyond.
akshit k
areena g