FAIRTM (Factor Analysis of Information Risk) has emerged as the premier Value at Risk (VaR) model for cybersecurity and operational risk. The FAIRTM Institute is a non-profit professional organization dedicated to advancing the discipline of measuring and managing cyber and operational risk.
It provides information risk, cybersecurity and business executives with the standards and best practices to help organizations measure, manage and report on information risk from the business perspective. The FAIRTM Institute and its community focus on innovation, education and sharing of best practices to advance the FAIRTM model and the cyber and operational risk management professions.
May 18, 2022 11:07:03 AM
If you’re looking to try Factor Analysis of Information Risk (FAIR™) in a lightweight way, these tools and resources will get you started – all of them offered by the FAIR Institute or shared by Institute members, particularly in sessions at the annual FAIR Conference.
May 17, 2022 3:57:43 PM
Why did FAIR™ (Factor Analysis of Information Risk) emerge as the de facto number-one standard model for cyber, technology and operational risk analysis? No other risk model supports defensible quantitative analysis in the financial terms
May 11, 2022 2:38:01 PM
The Harvard Law School Forum on Corporate Governance recently published an article, Proposed SEC Cyber Rules: A Game Changer for Public Companies, that outlines how new SEC rules could require an in-depth understanding of the potential liabilities related to cyber risk
Sep 7, 2017 3:18:43 PM
I recently had a conversation with clients around a risk analysis they conducted and noticed as they walked me through it that they seemed to get hung up on the terms “inherent risk” and “residual...Read More >>
May 1, 2017 8:51:54 AM
The terms “risk appetite” and its close cousin “risk tolerance” are often poorly understood, very rarely used to good effect, and commonly used interchangeably.
Similar to the word “risk,” you will...Read More >>
Feb 6, 2019 2:00:00 PM
FAIR model creator Jack Jones recently answered a FAIR Institute member's question about terminology that's one of those easily confused yet critical distinctions in cyber risk management: What's the...Read More >>