Meet Polar Risk at the Cyber ​​Security & Cloud Expo, November 19 and 20 at the RAI Amsterdam. Discover how to translate cyber risks into financial impact.
— Cyber Risk Assessment

Cyber risks are business risks.

Cybersecurity is more than just IT. Cyber risks are business risks with a direct consequences for the operation of the business, incurring extra costs as a result. In 4 to 8 weeks we identify your most relevant cyber risks and translate these into Euros. This way you know where action is required and what to do.
Talk to an expert
Ransomware
Production environment
Data breach
Customer data
Outage
Cloudprovider
Cyber Risk
Assessment
Impact
In euros
Ransomware
Production environment
Data breach
Customer data
Outage
Cloudprovider
Cyber Risk Assessment
Impact
In euros

One assessment answers exactly these three questions.

1
What are my cyber risks?
Cyber risks differ from one organisation to the next. Sector, IT landscape and organisation size all play a part.
2
What could my cyber risks cost?
The impact of cyber risks covers a lot. Loss of revenue, data recovery costs, IT forensic investigations and fines just to name a few.
3
How secure is secure enough?
Beyond a certain point, cybersecurity costs more than it returns in risk reduction. Where does that point sit for your cyber risks?

The challenge in numbers.

Business impact
22% of organisations experienced a cyber incident last year that caused significant losses.
Source: CBS, 2024
Increasingly digital operations
Organisations have three times as many digital connections as in 2019. Every interface increases cyber risk.
Source: ENISA Threat Landscape, 2024
Demonstrable control over regulatory pressure
Under NIS2 and the Cbw, 18 sectors are required to show they have their cyber risks under control.
Source: NIS2 Directive (EU) 2022/2555
The cyber language barrier
Experts and senior leadership speak different languages about cyber. 40% of CISOs and IT managers name a shortfall in budget as their main security challenge
Source: CompTIA State of Cybersecurity 2025
—  The solution

The Cyber Risk Assessment.

Translate cyber risk into business risk in the language of senior leadership. Know which risks really affect the organisation, what they could cost and take targeted measures.
A prioritised overview of the cyber risks that are relevant
The cyber risks that matter most to your organisation, prioritised on likelihood and impact in recognisable scenarios. So you know exactly where your organisation stands.
Breakdown of impact

€ 2,4 mln

Ransomware on production environment
  • Loss of production
    46%
  • Recovery costs
    26%
  • Loss of revenue
    19%
  • Reputational damage
    9%
Financial impact per scenario
Every risk translated into Euros and broken down by cost category, from lost production to recovery costs and reputational damage. So you know exactly what drives the impact and where potential gains are.
Know which risks require action
You decide how much risk your organisation is willing and able to carry. We help you set an appropriate risk appetite. We then check every risk against it, so it is immediately clear where measures are needed and which risks you can accept.
Recommended next step:
Reduce
Lower both likelihood and impact with targeted measures on:
Back-up
Detection and response
Access control
Targeted advice on reducing risk
Where risks are too high, you can get started straight away. Our advice fits your specific situation.
— The Polar Risk way

Four steps to results.

01

Intake

Everyone aligned. We discuss the process with all those involved and agree to a schedule.
02

Data collection

We get to know the organisation quickly and identify relevant cyber risks.
Deliverable
Risk scenarios
03

Analysis

We determine the likelihood and financial impact of the risk scenarios using the data we gathered.
Deliverable
Risk model
04

Delivery

We discuss the draft report with you, covering scenarios, quantification and advice, and make adjustments where needed.
Deliverable
Concrete report
—  How to approach it

Curious what a report looks like?

View and download a complete sample report and see exactly what insights you get: scenarios, financial impact and advice.
Download sample report

Receive sample report

Free · 15 pages · Directly in your mailbox.
Thank you. Your download will start automatically.
Something went wrong. Please try again or email info@polarrisk.com
— Our philosophy

What makes our approach different.

Cyber risk in the language of senior leadership. Built with your organisation and grounded in objective data.

01

Cyber risks as business risks
We treat cyber risk as business risk. IT plays an important part in cyber risk, but it is not the end of the story. Our approach puts the effect on the business at the centre.

02

Quantifying likelihood and impact
Likelihood and impact are expressed in hard numbers, using a combination of market and sector data and data from your own organisation. We bring the two together in FAIR, the internationally recognised model for risk quantification.
Read more about FAIR
Read more about FAIR

03

Built with your organisation
Nobody knows your organisation better than you do. Your context is therefore central to the Cyber Risk Assessment. Input from key stakeholders feeds directly into identifying and quantifying the cyber risks.

04

Secure enough
We prioritise the cyber risks and compare them with the amount of risk you are willing or able to carry as an organisation. This way we justify the case for next steps and avoid endless spreadsheets.

Discover what your cyber risks really cost.

Talk to an expert

Frequently asked questions

How long does an average analysis take?
An analysis usually takes 4 to 8 weeks. In that time we run the interviews, carry out the analysis and deliver a draft final report. Interim deliverables are shared for review along the way, which is how we safeguard the expectations of the assessment.
Is this the same as a penetration test or a security assessment?
No. A penetration test looks for technical vulnerabilities. We identify and quantify your cyber risks and advise where measures deliver the most.
What is the difference between a qualitative and a quantitative risk analysis?
A qualitative risk analysis rates risks in relative categories such as low, medium and high, often shown in a risk matrix. A quantitative risk analysis expresses likelihood and impact in measurable values, such as percentages and euros. That makes it easier to compare risks, set priorities and decide which cyber security measures are worth the investment.
How much time does this take from our organisation?
Not much. Expect an intake meeting and a few one-hour interviews per stakeholder, plus two short review sessions. We do the rest.
Do we need a lot of data?
No. The Cyber Risk Assessment and the underlying method are designed to work in any organisation.
What exactly do we get?
A prioritised overview of cyber risks, concrete scenarios with their financial impact, the reasoning behind them and advice on risk treatment, all brought together in a board-ready final report.
What happens after the Cyber Risk Assessment?
You have an evidenced starting point for risk-based working. We discuss the next steps with you: for example, revisiting the assessment later against the new situation, or calculating the return on particular investments or measures.
Who are the results of the Cyber Risk Assessment for?
For IT managers and CISOs who need to justify their choices, and for senior management and the board who want to steer on cyber risk in financial terms.