RiskLens
28 Case Studies
A RiskLens Case Study
Financial Institution, a $10B financial services organization, was evaluating whether to move from its internally hosted Exchange Server to Office 365. The Information Security team needed a clearer way to explain whether O365’s added security features and operational savings would outweigh concerns about exposing sensitive customer records to a cloud-hosted environment, and the existing red/amber/green risk method was not enough for executive decision-making.
Using RiskLens and its FAIR-based risk quantification platform, the team modeled current and future breach exposure in financial terms, collecting data on controls, breach history, and potential loss categories such as incident response, fines, and reputation damage. RiskLens helped the institution show risk in dollars and cents, revealing a current average annualized loss exposure of $7.2M and an expected $4M annual risk reduction after moving to Office 365, even with an additional $100K in yearly license costs.
Financial Institution