I love this time of year, with March Madness excitement in the air and my Notre Dame Fighting Irish still in the tournament (as of the writing of this column)! More importantly – yes, more importantly – I love monitoring the 538 March Madness prediction website to see how the chances of winning change through the days, after games, and even within their 40 minutes of activity.

I like doing this because it is a better representation of how cybersecurity risk works than the way we typically think in our field.