Factor Analysis of Information Risk (FAIR) has emerged as the standard Value at Risk (VaR) framework for cybersecurity and operational risk.
The FAIR Institute is a non-profit professional organization dedicated to advancing the discipline of measuring and managing information 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 FAIR Institute and its community focus on innovation, education and sharing of best practices to advance FAIR and the information risk management profession.
Nov 15, 2018 10:38:34 AM
The FAIR Institute and the Global Resilience Federation (GRF)--a non-profit hub for industry groups and government to share intelligence on cyber and physical threats and vulnerabilities --recently formed a strategic partnership that includes providing discounted FAIR training to GRF members through the RiskLens Academy.
Nov 14, 2018 8:30:00 AM
In recent years, many CIOs in big enterprises and government have successfully positioned themselves as not just IT operators but business enablers, using the discipline of Technology Business Management (TBM), a set of best practices to consistently communicate both the cost and the value of IT services.
Nov 13, 2018 10:53:17 AM
As the FAIR model and risk quantification brings cyber risk management in line with the rest of enterprise risk management, the roles of CISO and CRO also pull closer together. A panel discussion at the recent 2018 FAIR Conference showed a cooperative CISO/CRO relationship in action
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 >>
Aug 22, 2017 8:00:00 AM
Yes, this is Cyber Risk 101, but risk analysis vs risk assessment is common confusion, so let Jack Jones explain it in an excerpt from his book Measuring and Managing Information Risk: A FAIR ApproachRead 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 >>