Gartner Research

A Pragmatist’s Guide to Information Risk Quantification

Published: 15 July 2018

ID: G00368204

Analyst(s): Information Risk Research Team

Summary

Risk quantification is an emerging practice that interests many CISOs, but poses numerous challenges. Quantifying risk is often viewed as an unwieldy process that does not always pay off.

Table Of Contents

Key Findings

Recommendations

Definition

Occasion

How to Think About Applying Rigor in Information Risk Quantification

Lessons for a Pragmatic Approach to Risk Quantification

Lesson 1: Recognize All Risk Assessments Entail Quantifying Risk

Lesson 2: Get to a Practical Degree of Precision

Lesson 3: Strive Toward Incremental Improvements in Information Risk Assessments

Lesson 4: Decompose the Problem into Knowns and Unknowns to Flush Out Areas of Uncertainty

Lesson 5: Build Flexibility into Your Model

Conclusion

About this Research

Presentation Slides

Recommended by the Authors

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