Page 76 - Cyber Defense eMagazine December 2023

Industry Benchmark Report, Issued by The FAIR

Institute, Unveils the Dollar Impact of Cyber

Incidents

The 2024 Cybersecurity Risk Report Provides CISOs Insights into the Likelihood and Financial
Impact of Top Cyber Risks.

By Luke Bader, Director, Membership and Programs, FAIR Institute

The FAIR Institute, the leader in education for cyber risk quantification (CRQ) based on FAIR™ (Factor
Analysis of Information Risk), has released its 2024 Cybersecurity Risk Report. This document
provides CISOs, CFOs and other business decision-makers the clearest visibility into the financial impact
of cyber risks, based on quantitative analysis of actual cyber incidents through 2023.

This Report is sponsored by EY and Safe Security which provided research on cybersecurity program
development and data-science support.

Cyber Defense eMagazine – December 2023 Edition 76
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