The FAIRTM (Factor Analysis of Information Risk) cyber risk framework has emerged as the premier Value at Risk (VaR) framework for cybersecurity and operational risk. The FAIRTM 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 FAIRTM Institute and its community focus on innovation, education and sharing of best practices to advance the FAIRTM cyber risk framework and the information risk management profession.
Oct 9, 2019 1:51:15 PM
With FAIR – and risk quantification -- increasingly accepted as the standard for cyber risk analysis, FAIR Institute Chairman Jack Jones talked to what’s next in his keynote address to the recent 2019 FAIR Conference: Setting up successful FAIR-based programs that manage risk cost-effectively.
Oct 8, 2019 3:52:00 PM
(We just added the video so you can watch in its entirety this significant speech looking back and forward on US government cybersecurity policy. Watch the video now. FAIR Institute membership and LINK community site registration -- both free-- required to view the video.)
Oct 8, 2019 10:07:03 AM
At FAIRCON19, we caught up with Annie Lavoie, Director, IT Risk Management for the Business Development Bank of Canada (BDC), a government-supported financial institution devoted exclusively to funding entrepreneurs. Annie is an auditor who moved into IT risk at BDC within the past three years and is now one of the leaders of the FAIR adoption program
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 >>