Meridian's cyber risk moves from colours to dollars: a heat map where two scenarios both labelled High turn out to be $180K–$1.4M and $40M–$210M a year; the eight-step quantification staircase — scope, model, frequency, magnitude, data, simulate, communicate and decide — standing over a 50,000-trial Monte Carlo loss distribution; a loss exceedance curve showing a 34% chance of losing more than $500K, 18% over $1M, 6% over the $2M disclosure threshold and 1.2% over $5M; and a decision ranking controls by return, with MFA-plus at 4.5 times its cost against advanced DLP at 0.36.

CY-SENIOR-025Senior Level · Risk Quantification

Cyber Risk Quantification — The Quantification Staircase

A senior-level course that puts credible numbers on cyber risk so leaders can decide. Climb the quantification staircase - eight steps: Scope, Model, Frequency, Magnitude, Data, Simulate, Communicate, and Decide - using FAIR and Monte Carlo to express risk in money, not colors. Technical/quantitative and decision-driven. Four hands-on activities in every lesson.

16 hours8 chapters32 lessons225 activities8 labs

What you'll learn

Scope a risk and model it with FAIR factors.
Estimate loss frequency and magnitude with calibrated ranges.
Run Monte Carlo simulations and read the results honestly.
Communicate risk in financial terms and drive decisions.

Price:৳10,000