HOME OF FAIR | THE STANDARD QUANTITATIVE MODEL FOR INFORMATION SECURITY AND OPERATIONAL RISK

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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?

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.
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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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RECENT BLOGS

COSO ERM’s Cyber Risk Guidance Recommends FAIR™ – Interview with ERM Authority James Lam

Jan 16, 2020 9:45:00 AM

In another milestone for acceptance of FAIR™ and cyber risk quantification, COSO has issued its first guidance document on applying the COSO Enterprise Risk Management Framework to cyber risk management – and included a reference to the FAIR model

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FAIR™ Fundamentals Training Course Is a Must-Do in 2020

Jan 16, 2020 8:02:37 AM

We are hosting multiple FAIR™ Analysis Fundamentals Training Courses throughout the year and across the country. Take advantage of one of these excellent opportunities to work with expert trainers in person

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Jack Jones’ 2019 Insights on Building a Cyber Risk Management Program – and Outrunning the Bear

Jan 9, 2020 7:30:00 AM

“Thought leadership” is a term that gets used loosely but Jack Jones, creator of Factor Analysis of Information Risk (the FAIR™ model) and Chairman of the FAIR Institute has been out in front of the profession for years patiently pointing out the limitations of conventional, qualitative risk analysis

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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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Risk Analysis vs. Risk Assessment: What's the Difference?

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 Approach

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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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