HOME OF FAIR | THE STANDARD QUANTITATIVE MODEL FOR INFORMATION SECURITY AND OPERATIONAL RISK

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Join leading information risk, cybersecurity and business executives to collaborate on the development and the sharing of industry-leading best practices for quantifying and managing information risk.

What is the FAIR Institute?

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.
7700+
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35%
Fortune 1000 Orgs.
19
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Factor Analysis of Information Risk (FAIRTM) is a practical framework for understanding, measuring and analyzing information risk, and ultimately, for enabling well-informed decision making.

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EXPLORE THE FAIR INSTITUTE

The FAIR Institute is an expert, non-profit organization led by information risk officers, CISOs and business executives to develop standard information risk management practices based on FAIRTM.

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Learn about the industry's best practices; collaborate with other innovators to further advance the profession; and network with your peers to learn from their operational experiences.

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The FAIR Institute is extremely proud to be named one of the
'Three Most Important Industry Organizations of the Last 30 Years'
at the 2019 SC Awards.

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RECENT BLOGS

Shopping for Cyber Loss Data

Feb 18, 2020 3:56:27 PM

One of the keys to consistency when using the FAIR™ model is using the same magnitude across cyber loss data analyses. Particularly when using it for a risk assessment where the goal is to be compliant with regulations and compare the applications to each other, it is reasonable and “fair” to use consistent magnitude amounts.

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Meet the Members Podcast: Nathan Thomack and Nick Corzine, Launching the St. Louis FAIR™ Institute Chapter

Feb 12, 2020 2:07:12 PM

Welcome the St. Louis Chapter to the FAIR™ Institute, with a kickoff meeting on March 10, thanks to the organizational efforts of Co-Chairs Nathan Thomack, Manager of Cyber Risk Management at Emerson, and Nick Corzine, Manager of Quantitative Risk Analysis at Centene.

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'Why Is the Healthcare Industry Still So Bad at Cybersecurity?' Let's Start with Risk

Feb 12, 2020 1:40:11 PM

A new article from Ars Technica asks the question “why is the healthcare industry still so bad at cybersecurity?” and answers with an inventory of institutional and regulatory shortsightedness, resistance to change, lack of budget and simple confusion that calls out for the kind of re-set button that other industries are hitting with a risk-based approach to cybersecurity like FAIR™.  

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POPULAR BLOGS

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Inherent Risk vs. Residual Risk Explained in 90 Seconds

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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Risk Analysis vs. Risk Assessment: What's the Difference?

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 Approach

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'Risk Appetite' vs. 'Risk Tolerance'. What’s the Difference?

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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