Back to Events
May Emerging Technology Series - Consortium
Wednesday, May 21, 2025
11:00 AM - 12:00 PM (EDT)
Join Us Virtually
Event Details
For May, we are pleased to introduce Consortium and their Metrics That Matter (MTM) Cyber Decision Support Platform. Purpose-built to elevate cybersecurity strategy, this intelligence-driven service transforms how organizations understand, communicate, and act on cyber risk—turning technical complexity into strategic clarity. Notably, the platform was developed through crowdsourced insights from over 130 CISOs, ensuring it directly addresses the real-world challenges faced by cybersecurity leaders.
Consortium focuses on
-
Inherent risk modeling, using over 300,000+ real-world breach and claims records
-
Residual risk modeling, based on control maturity, effectiveness, and efficacy
-
Loss probability across (16) cyber risk categories (e.g., ransomware, insider threat)
Why It Matters / Differentiation
Boards and executives want to know: "What's the business impact?" MTM eliminates technical noise by showing financial exposure clearly and credibly, enabling confident decisions about budget, risk tolerance, and governance.
-
Visual dashboards and board-ready reports
-
Risk outputs defendable to investors and insurers
-
No assumptions/guess work - just data-backed risk qualification
Their Approach
Unlike traditional GRC tools or internal spreadsheets, MTM uses actuarial-grade machine learning models to calculate annualized risk in financial terms. It accounts for company size, industry, and threat landscape to provide highly tailored insights.
-
Claims-based loss modeling
-
Dynamic risk scoring updated quarterly
-
Aligned to frameworks (NIST, CSF, ISO, CIS, MITRE ATT&CK) mapping risk to controls
Top 10 Use-Cases
-
Quantify Cyber Risk in Financial Terms (CEO, CRO, Board)
-
Cybersecurity Budget Justification (CFO)
-
Cybersecurity Tools Rationalization (CISO, CFO)
-
Executive-Ready C-Suite Reporting (Board, C-Suite)
-
Financial Impact of Cyber Events (C-Suite)
-
Model Future State Investments (CISO)
-
Peer Benchmarking (CEO, CIO, Board)
-
Optimize Cyber Insurance Premiums (CFO, CRO, GC)
-
Identify Program Gaps & Redundancies (CISO)
-
Compliance Framework Alignment (GC, Audit, CISO)