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What you don’t know can
hurt you: expert advice
on measuring risk
Industry experts offer insights and
guidance for measuring risks in today’s
fast-moving, highly distributed world.

tanium.com 2
What you don’t know can
hurt you: expert advice
on measuring risk
Industry experts offer insights and
guidance for measuring risks in today’s
fast-moving, highly distributed world.
Contents
Chapter 1: Measuring what matters:
aligning risk measurement with
corporate goals and objectives
Chapter 2: Measuring risk by
identifying value supply chains
Chapter 3: Modernizing risk assessments
for today’s distributed enterprise
Chapter 4: The importance of making
risk assessment an ongoing process
Checklist: Essential guide for measuring risk
INTRODUCTION
Expert advice on measuring risk
Managing risks begins with measuring risks.
But how do you measure risks in a meaningful
way? Should you tally every software vulnerability
in the company? Do you need to make a list of all
the endpoint devices requiring software patches?
Should you report the uptime stats for your
company’s most critical applications?
When your job is measuring risk, you need to focus
on what’s meaningful to your audience. And for the
most important decisions about risk, your audience
is your company’s executive team and the board
of directors.
In this eBook, three IT industry experts share
their wisdom on the practice of measuring
risk in the most practical, comprehensive, and
actionable way.
At the end of the eBook, we include a checklist
summing up the advice presented by these
experts. Let’s get started.


tanium.com 3
CHAPTER 1:
Measuring what matters: aligning risk measurement with corporate goals and
objectives
If you ask most IT security experts, risk is
everywhere. It’s in unpatched endpoints, new
malware variants, phishing attacks, shadow IT
cloud services, laptops left on park benches —
the list goes on. With so many technical details
contributing to risk, your risk team might be
wondering how to approach the important work of
measuring risk in your company.
Of course, no one measures risk simply for the sake of measuring
risk. Risk assessments are conducted to provide information
to decision-makers. So the real question is this: How do you
measure risk in ways that help your organization’s leaders—the
executive team and the board of directors—understand risk so
they can make the right decisions to reduce it?
Measuring risks that matter to your company’s leadership
To answer this question, let’s start at the top. The executive team
and the board of directors are responsible for setting the strategic
direction of your company. And part of their job is ensuring that
decisions and investments made throughout the organization
support the company’s high-level, strategic objectives.
No matter what business your company is in, those high-level
objectives almost certainly include the following:
• Business continuity
• Data confidentiality, integrity, and availability (data CIA)
• Regulatory compliance
Let’s consider each of these in turn.
Measuring risk associated with
business continuity
Business continuity means keeping the lights on, keeping
employees productive, keeping any manufacturing and shipping
operations humming along, and ensuring that any other types of
operations, whether it’s pumping oil or delivering a SaaS product,
can continue working, no matter what.
Disaster recovery falls into this category. So does protecting
business-critical services from cyber threats.













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