Factor Analysis of Information Risk (FAIR) has emerged as the standard Value at Risk (VaR) framework for cybersecurity and operational risk.
The FAIR 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 FAIR Institute and its community focus on innovation, education and sharing of best practices to advance FAIR and the information risk management profession.
Jun 19, 2019 1:40:41 PM
In recent webinar co-hosted by the FAIR Institute and the Legal Services Information Sharing and Analysis Organization (LS-ISAO), Brooke Oppenheimer and Trish Carreiro, attorneys with Axinn, Veltrop, & Harkrider LLP, made the case that any organization looking to buy cyber insurance should first understand its cyber risk in financial terms through FAIR analysis.
Jun 17, 2019 3:00:00 PM
From Jack Jones, Chairman of the FAIR Institute and creator of the FAIR model for cyber risk quantification (CRQ) — the definitive guide to understanding CRQ: What it is (and isn't), its value proposition and limitations, and facts regarding the misperceptions that are commonplace.
Jun 13, 2019 8:38:00 AM
Chris Porter first learned about FAIR years ago working in cybersecurity at Verizon, where he led the respected DBIR report, developed the Vocabulary for Event Recording and Incident Sharing (VERIS) system for classifying security events, and later built the company’s threat intel team.
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 >>