The May 11, 2017 Presidential Executive Order on Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure mandates federal agencies use the NIST Cyber Security Framework to establish and maintain an ongoing risk management program as a cybersecurity priority.
Secure Systems Innovation Corporation (SSIC), a cyber risk advisory firm that empowers informed business decision making, is announcing the expanded application of X-Analytics™, its patented method for measuring and modeling cyber risk, for organizations adopting the National Institutes of Standard and Technology (NIST) Cyber Security Framework (CSF).
“Effective implementation of the NIST Cyber Security Framework requires an organization to interconnect the various layers and subcategories of the framework with enterprise risk management efforts, resulting in layers of complexity that strain broader adoption of the framework,” said Robert Vescio, managing director of risk services at SSIC. “X-Analytics offers organizations a seamless way to establish metrics and integrate with the framework, while easing their implementation burden and providing an objective and efficient approach to implementation.”
SSIC’s X-Analytics Cyber Risk Intelligence provides a complete, objective picture of enterprise cyber risk, now incorporating NIST CSF Core, Tier, and Profile elements. The model allows organizations to predict the likelihood and financial damages associated with a cyber attack, communicated in simple economic terms.