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

Five Questions the Board Should Ask the CISO

May 21, 2020 7:34:00 AM

Board directors and senior executives are obligated to govern their organizations’ cyber risk management efforts. To this end, they are being educated by such organizations as the NACD or the Big 4 on foundational concepts of information security and cyber risk management.

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Primary vs. Secondary Loss in FAIR™ Analysis: What's the Difference and Why It Matters

May 19, 2020 9:52:20 AM

“All models are wrong, but some are useful.” By those words, professor and statistician George Box reminds us that models, including the FAIR™ Model, are approximations of reality.

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How FAIR™ Can Help the US Federal Government Better Prioritize and Right-Size Its Cybersecurity Investments

May 15, 2020 7:45:00 AM

>>DHS/OMB mean well in pushing for a risk-based approach to cybersecurity in the Federal Government, but their requirements fall short of helping agencies effectively prioritize and right-size their cybersecurity investments

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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 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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NIST Maps FAIR to the CSF - Big Step Forward in Acceptance of Cyber Risk Quantification

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...

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