Infosecurity Europe 2026: Prioritizing Cyber Risk Quantification

At Infosecurity Europe 2026, cybersecurity leaders discussed the importance of quantifying cyber risks in financial terms to secure board support for cybersecurity initiatives. James Russell from BP emphasized that translating cyber risks into dollar values makes them more relatable for business leaders. Silas Bartlett from NatWest Group highlighted the challenges of using existing data to model cyber risks accurately, noting the lack of historical data compared to credit risk assessments. The discussion focused on how effective communication of cyber risk can lead to better investment in cybersecurity measures, ultimately saving organizations money by preventing breaches.

Key Points: • Cyber Risk Quantification (CRQ) is essential for board engagement in cybersecurity. • Translating cyber risks into dollar values helps communicate their importance to business leaders. • Organizations face challenges in modeling cyber risks due to limited historical data.