
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.

Jul 1, 2020 9:05:54 AM
This week, it’s Chapter 6 (Analysis Process) and 7 (Understanding Results) in Measuring and Managing Information Risk, the FAIR book, and now we’re getting hands-on with a working knowledge of quantitative cyber risk analysis.

Jun 24, 2020 1:42:23 PM
How do you define key terms such as “inherent risk”, “quantitative risk analysis”, “risk appetite” or “vulnerability”? Do your colleagues define them the same way?

Jun 23, 2020 2:41:33 PM
Whether it is difficulty with data gathering, calibrating estimates, or presenting results, problems that come up in FAIR analysis tend to stem from the same source: a lack of a clearly defined risk scenario statement.

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...
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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...
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Nov 19, 2019 2:36:00 PM
It's official: NIST has formally published FAIR as an Informative Reference to the NIST CSF, the most widely used cybersecurity framework in the U.S, a major milestone in the history of FAIR. This...
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