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.
Jan 20, 2021 12:12:00 PM
In a new article on CFO.com, Craig Callé, the former CFO for Amazon’s digital media and books businesses, writes that, for cybersecurity, “C-level executives want to know what good looks like and how to measure it.
Jan 20, 2021 6:54:00 AM
Phew, what a year 2020 was. Now that the new year has come, you may be thinking about how to start, change or stop doing activities within your FAIR quantitative risk management program. Let's take a look at five things you can do now for a better 2021.
Jan 14, 2021 5:20:00 PM
As a FAIR consultant, I have seen many organizations go through the transformation from qualitative to quantitative risk management.
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 >>
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 >>
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 >>