Principle Security
Principles first, security always
Board-level cyber risk

Put a dollar figure on cyber risk your board will believe.

Red, yellow, and green heat maps don't tell a board how much to invest or what they're buying down. This guide shows how to express cyber risk in dollars using FAIR — defensible loss-exposure ranges, not gut-feel colors — so security spend becomes a business decision instead of a leap of faith.

Written by a practitioner who runs FAIR quantitative risk models with Monte Carlo simulation for boards and audit committees — not a tool vendor selling a dashboard.

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What's inside

From color-coded guesswork to defensible numbers

Risk as money

How FAIR breaks risk into loss event frequency and loss magnitude, so "high" becomes a number a CFO can act on.

The board conversation

How to present ranges and probabilities instead of heat maps — and answer "how much risk does this spend buy down?"

Under the hood

How Monte Carlo simulation turns expert ranges into a loss-exposure curve — and why that beats a single scary number.

Try it now

A 60-second loss-exposure estimate

Loss event frequency0.5 / yr
Expected annual loss exposure
$175,000
Frequency × most-likely loss, annualized
Low
$37,500
High
$600,000

A simplified single-scenario estimate to show the shape of the math. A full Principle Security engagement runs Monte Carlo across multiple loss scenarios and calibrated ranges to produce a board-ready loss-exposure curve.

Why this is different

Quantified risk, not a risk register

FAIR
The open international standard for cyber risk quantification
Monte Carlo
Thousands of simulated outcomes, not one point estimate
$
Risk and spend expressed in the language the board uses
Board
Built to present to directors, CFOs, and audit committees