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FAIR Analysis of Fictitious Firm - Case Study - Part 4a

Updated: May 14

For a potential ransomware event that could impact the availability of a fictitious medium healthcare firm (see Part 1-3 of Case study used in Analysis), I meticulously conducted a Monte Carlo simulation using the FAIR technique (Taxonomy - Figure 1). The result, assuming average firm resilience and a sophisticated threat actor, was an average loss exposure of $1 million. This level of accuracy in the analysis, along with the inclusion of detailed cost assumptions (more on that later), should instill confidence in the assessment.

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