What role does a company's cybersecurity analysts play in the cybersecurity framework?

A company's cybersecurity analysts play a crucial role in the cybersecurity framework by assessing potential risks and vulnerabilities to the organization's assets. One of their responsibilities is likely to include performing probable maximum loss calculations. This involves evaluating the worst-case scenarios in which an organization's data or systems could be compromised and estimating the potential financial losses that could occur as a result. This analysis helps in informing the organization's risk management strategies and prioritizing cybersecurity investments and measures to mitigate those risks.

By understanding the financial implications of various cyber threats, cybersecurity analysts are able to recommend how to allocate resources effectively to enhance the company's security posture. They provide insights that are fundamental to creating a robust risk management plan and ensuring that the organization makes informed decisions regarding cybersecurity initiatives.