The SEC recently issued the requirements that public companies have 4 business days to disclose any cyber risk event if it is likely material for the business. This may not be an easy assessment to make in such short time. However, with a proper, ongoing Risk Quantification capability that is enabled by the ManageXValue Risk Quantification platform it is now an easier task.

This video provides an overview of a new feature of the platform. Clients now can provide their company value measures and materiality thresholds. As a result, they can instantly switch their Risk Analytics into relative measures. CEOs and CFOs can evaluate their risk relative to the Market Cap, Enterprise Value or Total Invested Capital of their business.

Stakeholders concerned about the SEC reporting requirements in case of any risk event also benefit from the feature added to the Risk Inventory dashboards. Client can assess the likelihood of any tracked Risk Event becoming material if actually happens. This information can provide a crucial initial insight into the assessment whether an actual event is likely material for the business.