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.
Nov 19, 2019, 2:36:00 PM
It's official: NIST has formally published FAIR as an Informative Reference to the NIST CSF, the most widely used cybersecurity framework in the U.S, a major milestone in the history of FAIR. This means that there is mapping between FAIR and the NIST CSF standard in the sections covering risk analysis and risk management.
Nov 14, 2019, 10:43:57 AM
Don’t think of cybersecurity standards and frameworks as checklists – think of them as recipes with plenty of room for “season to taste.” That was the message coming out of a panel discussion at the 2019 FAIR Conference on the topic “Building a Cybersecurity Program with a Risk Management Framework & FAIR,”
Nov 6, 2019, 12:02:00 PM
Led by FAIR model creator Jack Jones, the panel discussion “CISO Panel: Defining the Goals of an Effective Risk Management Program” at the recent 2019 FAIR Conference, covered a lot of ground. Four chief information security officers - speaking from hands-on experience - discussed everything from building a FAIR program, to briefing the board
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 >>