It ain't as hard as you think! We've put together an Excel spreadsheet that will get you started on using Monte Carlo modeling methods for estimating healthcare data breach losses. You'll calculate Value at Risk (VaR) for breach cost curves, and work out ROI for data security investments. Tell us a little bit about yourself and get started on modeling breach costs for your company .
You'll first want to review our blog series to get a quick MBA in data analysis and Value at Risk (VAR). The spreadsheet includes a worked out example based on a HIPAA dataset, A SPECIAL VaR FormULA, and ideas for rolling your own!
