MetricStream Launches Advanced Cyber Risk Quantification, Risk Assessment and Compliance Management Capabilities

SAN JOSE, Calif., Dec 15 (Bernama-BUSINESS WIRE) — MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), today announced new native capabilities for Advanced Cyber Risk Quantification and Simulation to measure cyber risk in monetary terms, along with intuitive risk assessments, expanded compliance risk management capabilities, and enhanced visibility into third and fourth-party risks. Enterprise and mid-size businesses need intelligent tools to measure, manage, and see risk holistically, gaining valuable insights to make more strategic decisions.

MetricStream’s latest software release features powerful analytics that allow customers to quantify cyber risk in terms of actual currency, as opposed to measuring risk using red, yellow and green heatmaps. Equipped with precise cyber risk quantification, CISOs, Chief Risk Officers, Chief Compliance Officers and boards can understand, analyze, and act on cyber risk. Using Monte Carlo simulation, risk scenarios can also be run to prioritize action plans and investments.

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