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Cyber GRC Ideas Portal
Status Need more information
Workspace IT and Cyber Risk
Created by Guest
Created on Mar 20, 2023

Risk Assessment - Quantitative factors - Option to add multiple levels in a hierarchical factor

Risk Assessment - Quantitative factors - Option to add multiple levels in a hierarchical factor

Customer wants to create a Hierarchical factor with 2 sub-levels where second level to identify the maximum value of a set of factors and 1st level is to identify the average.

Example,

Impact Hierarchical factor has 2 sub factors

  1. Asset valuation

  2. Business Impact

Impact is the average of Asset Valuation and Business Impact.

Business Impact Sub Factor has 4 more Sub-factors: Financial Impact, Reputational Impact, Legal Impact, Service Impact

Customer wants to first identify the Maximum of Business Impact Sub Factor and then calculate Impact as the average of Asset Value and Business Impact.

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  • Admin
    Anil Gokare Krishnamurthy
    Reply
    |
    Mar 5, 2024

    Hi Doug. Not sure why you got the impression that we are dropping it. We just wanted to gather more information so that we can make the right decision on prioritization.

  • Guest
    Reply
    |
    Mar 5, 2024

    Many customers do ask about this but give up when we tell them its not available and would be a significant customization effort. We should not dismiss ideas that have value based on not hearing many requests directly. A good product idea is a good product idea. We need to stay ahead of customers.

  • Admin
    Anil Gokare Krishnamurthy
    Reply
    |
    Mar 5, 2024

    We have not come across this request from any other customers yet. Can we collate from CSS team for how many customers this is applicable and then we can take a judicious call.