The Required New Mandate: Strategic, Quantified, Integrated Cyber Risk Management
Cybersecurity has evolved from an IT concern to a strategic concern. Organizations now need:
- A single view of cyber risk with real-time, financial impact analysis.
- Protection against the possible risks associated with AI-driven technology.
- Compliance intelligence that adjusts to evolving standards like as HIPAA, ISO 27001, and NIST.
- The capacity to lower insurance costs, increase resilience, and defend investments.
Thrivaca introduced a revolutionary solution, a financially quantified digital risk assessment platform built to bring clarity and precision to cybersecurity decision-making. Leveraging actuarial science and behavioural analysis, the platform converts cyber vulnerabilities into financial metrics, estimating breach costs with 8–9% accuracy.
- Quantify cyber risk in dollars, enabling finance, compliance, and security to speak the same language.
- Use actuarial models, like those used in insurance, to forecast loss exposure.
- Integrate AI risk assessment for bias, explainability, and ethical compliance.
- It offers the largest business-aligned risk profile library for contextualized threat understanding.
- It enables proactive compliance mapping and automated reporting to standards like NIST, HITRUST, MITRE ATT&CK, and many more.
- Prioritizes cyber investments by estimating potential return on investment or loss avoidance.
- Provide actionable dashboards for executives, not just technical teams.
- For insurers, Thrivaca provides dynamic risk profiles for faster and accurate policy decisions.
- Offers industry benchmarks to evaluate the cyber hygiene of insured entities.
The platform’s actionable dashboards help both technical and non-technical stakeholders make informed decisions. While underwriters gain a clear view of exposure before issuing a policy.
Businesses that used Thrivaca reported notable increases in decision-making speed and transparency around cyber risks:
- 50% faster risk assessment turnaround times compared to traditional audits.
- By setting investment priorities, excessive cybersecurity expenses can be cut by as much as 25–30%.
- A 20% increase in the precision of policy underwriting, reducing instances of over- or under-insurance.
- Increased board-level engagement due to the platform’s ability to convert risks into actionable financial insights.
- 60–70% fewer gaps in compliance
- Real-time risk visibility across the entire ecosystem
- Better decisions around tech investments and AI adoption
A leading insurance carrier using Thrivaca stated that,
“We’ve completely transformed how we underwrite cyber policies. Thrivaca gives us confidence in both our pricing and our coverage strategy.”
Before Thrivaca, businesses faced cyber threats with uncertainty. Now, they face them with precision, preparation, and purpose.
Cyber threats aren’t going away, but Thrivaca has significantly improved your capacity to comprehend and handle them. Thrivaca gives you the ability to transform risk into information, whether you’re an insurer seeking smarter underwritings or an organization trying to defend your cybersecurity investments.
Are you prepared to view your digital threats from a financial perspective?
Contact Us
