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The Standard Quantitative Model for Information Security and Operational Risk

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?

FAIRTM (Factor Analysis of Information Risk)  has emerged as the premier Value at Risk (VaR) model for cybersecurity and operational risk. The FAIRTM Institute is a non-profit professional organization dedicated to advancing the discipline of measuring and managing cyber and operational 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 model and the cyber and operational risk management professions.
14000+
Members Worldwide
50%
Fortune 1000 Orgs.
25
Local Chapters

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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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SPONSORS

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EDUCATION PARTNERS

SJSU     WASHSTL        UMass Amherst       Ferris-State       CMU            VT   

   University of Tampa    University of Toronto    Georgia Southern      georgemason     Macquarie 

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RECENT BLOGS

Webinar: How to Get More Value from a Cybersecurity Controls Inventory

Dec 7, 2022 4:44:40 PM

“Virtually every organization will tell you they do more controls management than risk management,” says Marta Palanques, Director of Risk Methodologies, Technology Risk Management, at Capital One, and with cybersecurity controls often numbering in the hundreds,

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Jack Jones on the Wrong Lessons from the Conviction of Former Uber CSO Joe Sullivan

Dec 7, 2022 11:21:28 AM

The Wall Street Journal recently published an article, “Whistleblower Reports of Lax Cybersecurity Expected to Rise,” reacting to the conviction of Joe Sullivan for his handling of two data breaches as CSO at Uber

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Meet a Member: Adham Etoom, Introducing FAIR Quantitative Risk Analysis to Jordan

Dec 1, 2022 10:14:21 AM

Adham Etoom co-chairs the new Jordan chapter of the FAIR Institute, based in Amman, the latest outpost of the worldwide movement in support of Factor Analysis of Information Risk (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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Security Exception vs. Risk Acceptance: What's the Difference?

Feb 6, 2019 2:00:00 PM

FAIR model creator Jack Jones recently answered a FAIR Institute member's question about terminology that's one of those easily confused yet critical distinctions in cyber risk management: What's the...

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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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