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.
Oct 19, 2018 11:20:30 AM
The second day of the 2018 FAIR Conference at Carnegie Mellon University in Pittsburgh was all about digging deeper to show in action the benefits for which FAIR and quantitative cyber and operational risk analysis are known: clarifying communication about risk up and down the chain of command and showing the ROI of difficult investment decisions such as buying cyber insurance.
Oct 18, 2018 1:45:33 PM
At the 2018 FAIR Conference at Carnegie Mellon University in Pittsburgh yesterday, the FAIR Institute announced the winners of the annual FAIR awards honoring three leaders in cyber and operational risk management and security for their roles advancing business-aligned and data-driven cultures in their organizations and the profession.
Oct 17, 2018 9:07:19 AM
The 2018 FAIR Conference kicked off at Carnegie-Mellon University in Pittsburgh with a session-packed day that was a crash course in strategizing and implementing a risk-based, business-aligned security strategy. Some highlights:
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 >>