I keep seeing “risk quantification” but I don’t know what I’d actually get out of it. What’s the output?
A board-readable risk picture in money, not a 1–5 colour chart. Instead of “this risk is High/Red”, you get a defensible range (“we’d expect losses of roughly €X–€Y a year from this scenario, with this confidence”), built upon a recognised method for Factor Analysis of Information Risk (FAIR), the same method a consultant would charge a five-figure fee to run.
Why that matters for the person in your seat: it’s the difference between a heat map a CFO ignores and a number they can make a budget decision on. It turns “we should probably spend on this” into “here’s the expected cost of not spending on it.”
If you want to see the shape of the output before deciding, ask here. Someone can walk you through a worked (anonymised) example.