S3E25: Resilient Cyber w/ Gaurav Banga

Cyber Risk Quantification vs. Qualitative Risk

In this episode of Resilient Cyber, hosts Chris Hughes and Dr. Nikki Robinson are joined by Gaurav Banga, CEO of Balbix, to discuss the critical topic of cyber risk quantification. Gaurav shares his insights into how organizations can transition from qualitative to quantitative approaches to better manage cyber risks, make informed decisions, and communicate with executive leadership.

🔑 Key Highlights:

  • Evolution of Cyber Risk Management: Gaurav explains why traditional, qualitative approaches to cyber risk fall short in today's dynamic cyber threat landscape, emphasizing the importance of quantifying risk for decision-making.

  • Quantitative vs. Qualitative Approaches: Learn why the shift to quantifying cyber risks is essential for C-suite conversations and boardroom discussions, helping cybersecurity teams align with business objectives.

  • Cybersecurity Frameworks: Insights into the strengths and limitations of existing frameworks like FAIR and why real-time, continuous risk assessments are crucial in a fast-changing cyber environment.

  • Visibility in Cloud Environments: Gaurav breaks down how organizations can achieve deep and broad visibility across their assets, even in complex cloud infrastructures.

  • Cyber Resilience: Gaurav shares his perspective on what cyber resilience truly means and how organizations can survive and thrive in the face of persistent cyber threats.