IBM recorded a global average breach cost of USD 4.99 million in 2026. That figure rose 12% year over year, a record high. US organizations averaged USD 11.5 million per breach that same year. A cybersecurity risk assessment maps those losses to specific, rankable exposures.
The cyber risk assessment process turns scattered concerns into a ranked, cost list. It scores each threat by likelihood and business impact. The output tells a board which three risks to fund first. Frameworks, scope, deliverables and cost all follow from that single ranking.