RMS is delighted to announce the release of RMS Cyber Solutions v4 and an industry first Cyber IED and EED for the US. This release represents a major milestone for the RMS cyber offering, adding substantial new capabilities and enhancements to existing features, across both the models and software application.

V4.0 brings many benefits including:

  • A complete redevelopment of all IT loss models incorporating;
    • New approaches to quantifying probability including agent based and causal loss modelling
    • New and expanded data sources and insights from extensive expert elicitation
    • Updates to the cost model – including a new BI loss methodology and D&O modelling
  • Exposure data enrichment leveraging a database of over 11M companies across 30 geographies
  • New probabilistic simulation approaches for modelling Cyber-Physical attacks (e.g. attacks on critical national infrastructure)
  • Re-architected the system to extract substantial performance improvements for model run times
  • The ability for clients to build custom models and develop their own view of risk
  • A number of bug fixes and software UI improvements incl. adding new exposure and loss reports for property data

This will be a recorded session which would be available on OWL for your reference.