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Exposure(ORG) = Σ Business Critical Assets × Probability(BCA) × Cost of Breach(BCA)
The chance or probability of compromising the confidentiality, integrity, and/or availability of the organization's business critical assets.
The CoB model analyzes a vast dataset from specific industries as well an organization's business parameters, attack surface, and cybersecurity maturity. Industry sources include reports and claims data from hundreds of thousands of cyber incidents.
The CoB is a mathematical model that uses AI and data science algorithms to estimate the financial losses organizations could face if they suffered a data breach based on their business parameters, such as sector, geolocation, and security posture.
Cye platform's CoB model validates its outcomes with vast datasets of real-world claims to ensure dependable and applicable results in various scenarios.
Combining objective assessment of organizations' CoB includes specificity of the cost breakdown to direct immediate costs of managing the breach, as well as indirect costs such as loss or productivity, IP loss, and others.
Cye platform incorporates organizations' cybersecurity maturity to inform the CoB mathematical model which directly impacts the ability of organizations to identify, protect, detect, respond, and recover from cyber incidents.
Cye platform's mathematical model uses sophisticated algorithms, prediction tools, and machine learning techniques on a combination of data integrated from organizations' dynamic security findings, assessments, industry reports, and Cye's proprietary data.