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Quantifying Cyber Risk in Dollars: A Better Way to Fund and Prioritize OT Security

Presenters:

This talk argues that security programs fail because they optimize for activity instead of outcomes. Teams are busy—scanning, patching, monitoring—but not necessarily reducing real risk in a measurable way.

Key takeaways

  • Activity ≠ risk reduction
    • More scans, alerts, and reports don’t mean you’re safer
    • Teams measure what’s easy (tickets closed, vulns patched)
    • But not what matters (actual exposure reduced)
  • Metrics are misleading
    • KPIs often track volume and speed
    • Not effectiveness or impact
    • This creates a false sense of progress
  • Security work isn’t tied to outcomes
    • Efforts aren’t mapped to business or operational risk
    • Teams can’t clearly show how their work reduces real-world impact
    • Leadership doesn’t get a clear picture of value
  • Prioritization breaks down without outcome focus
    • Everything looks important
    • Work gets spread thin across low- and high-impact issues
    • Critical risks don’t get the attention they need
  • Programs need outcome-driven thinking
    • What risk did we actually reduce?
    • What attack paths did we eliminate?
    • What business impact did we prevent?

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