Security Risk Assessment
Cyber risk in dollars, not colors
Most risk assessments hand you a red-yellow-green heat map. We use FAIR methodology to quantify your exposure in dollar terms — numbers your board can act on and your insurer can price.
Capabilities
Every dimension of your risk posture
A point-in-time scan is not a risk assessment. We evaluate your environment across four interconnected domains to build an accurate picture of your actual exposure.
Threat Landscape
Who is realistically targeting your organization, what are their capabilities, and how often do they strike organizations like yours?
- Industry-specific threat actor profiling
- Attack vector analysis by asset type
- Threat intelligence alignment
- Historical breach data benchmarking
Control Environment
How effective are your current security controls at reducing the likelihood and impact of a successful attack?
- Technical control coverage and gaps
- Administrative and policy controls
- Detection and response capabilities
- Third-party and supply chain risk
Loss Modeling
What is the probable financial impact of each risk scenario, expressed as a range with confidence intervals?
- Primary and secondary loss components
- Regulatory fine and notification costs
- Business interruption and recovery costs
- Reputational and customer-churn impact
Compliance Posture
How do your risk scenarios and control gaps map to your regulatory obligations and applicable frameworks?
- NIST CSF, ISO 27001, SOC 2 mapping
- HIPAA, PCI-DSS, CMMC alignment
- Control gap prioritization by regulation
- Audit-ready documentation
Methodology
How we turn risk into numbers
FAIR (Factor Analysis of Information Risk) is the only internationally recognized standard for quantitative cyber risk analysis. Here's how we apply it.
- 01
Asset & Threat Identification
We identify your most valuable assets and the threat communities most likely to target them — grounded in real threat intelligence, not generic categories.
- 02
Vulnerability & Contact Frequency
We model how often a given threat actor is likely to encounter your assets and how probable they are to exploit a weakness when they do.
- 03
Loss Magnitude Analysis
We estimate the primary loss (direct costs to you) and secondary loss (legal, regulatory, reputational) for each scenario, expressed as a distribution of probable values.
- 04
Annualized Loss Expectancy
We combine frequency and magnitude to calculate an Annualized Loss Expectancy (ALE) range per scenario, giving you a financial baseline to measure controls against.
Output
Outputs built for decisions, not filing cabinets
Every engagement produces a complete deliverable package designed to drive action at every level of your organization.
Board-Ready Executive Summary
A plain-English narrative of your top risk scenarios, financial exposure ranges, and recommended strategic investments — ready to present at your next board meeting.
Control ROI Analysis
For each recommended control, we show you the expected reduction in annualized loss exposure versus the cost of implementation — so you invest where it actually moves the needle.
Quantified Risk Register
A prioritized register of risk scenarios, each with loss exposure ranges, likelihood estimates, and risk reduction recommendations.
Control Gap Findings
Specific technical and process gaps mapped to each risk scenario, with severity ratings and evidence-backed remediation guidance.
90 / 180 / 365-Day Roadmap
A prioritized action plan organized by time horizon, balancing quick wins against strategic investments based on your budget and risk appetite.
Insurance Benchmarking
Comparison of your risk posture against cyber insurance underwriting criteria — helping you negotiate better coverage terms or right-size your policy limits.
Fit
When a quantitative risk assessment is the right tool
Board reporting and security investment justification
Your board wants to understand cyber risk in financial terms — not traffic lights. FAIR-based output gives them the exposure ranges and ROI data they need to approve budget.
Cyber insurance renewal or first-time application
Insurers are tightening underwriting criteria. A quantitative assessment demonstrates risk maturity and can directly support better premiums and higher coverage limits.
Security budget allocation and prioritization
You have limited budget and a long list of potential controls. Control ROI analysis tells you which investments reduce your ALE the most per dollar spent.
Post-incident risk benchmarking
After a breach or near-miss, you need a baseline to measure progress. A quantitative assessment before and after remediation shows regulators and leadership what changed.
M&A due diligence — buyer or seller
Understand the inherited cyber risk exposure of an acquisition target, or demonstrate your own risk posture to a buyer with an objective third-party analysis.
Annual risk program review
Regulatory guidance and organizational risk programs recommend annual risk assessments. Ours gives you year-over-year tracking of exposure trends and control effectiveness.
Stop guessing. Start measuring.
Scoping calls are 45 minutes, straight to the point, and there's no pitch — just a real conversation about your environment.
Explore
Also from Principle Security
FAIR Board Risk Guide
16 pages on presenting cyber risk in dollars your board will believe — with a live loss estimator.
OffensivePenetration Testing
Validate which theoretical risks are actually reachable.
LeadershipBoard & Executive Reporting
Turn quantified risk into a quarterly reporting cadence.