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.
Dec 4, 2019 1:05:04 PM
Questions I’ve been asked a lot are: Is it worth quantifying cyber risks and using well-established models to simulate the effects of those risks? Or is quantifying cyber risk a waste of time, detached from reality?
Dec 4, 2019 7:33:39 AM
Mark your calendars today! The FAIR Institute’s annual FAIR Conference (FAIRCON20) will take place this year on October 6-7, 2020 in Washington, D.C., at the historic Washington Marriott Wardman Park.
Dec 3, 2019 11:03:03 AM
FAIR™ program manager Jason Martin generously shared the learnings from two years of FAIR implementation at Highmark Health, the major hospital and health plan administrator
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 >>