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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?

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.

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RECENT BLOGS

[Video] James Lam’s FAIRCON18 Keynote on ERM, Cybersecurity Oversight and Cyber Risk's Future

At the recent 2018 FAIR Conference, James Lam, the enterprise risk management and corporate governance authority and chairman of the risk committee for the E*TRADE board of directors, gave a master class

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A 'Kobayashi Maru' Exercise for ISO31000 Risk Analysis

Star Trek movie fans will likely recognize “Kobayashi Maru” as a reference to the training exercise used by Star Fleet to evaluate how cadets respond to a no-win scenario

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What Drives Value in Cyber Risk Reporting? 2018 'Cyber Balance Sheet' Answers

Greetings FAIR Instituters! I’m glad to be able to give you a summary of research that many of you participated in a few months ago. Before I do that, though, we need to rewind a bit further back in time.  

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POPULAR BLOGS

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Inherent Risk vs. Residual Risk Explained in 90 Seconds

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?

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?

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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