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.
May 13, 2021 7:35:00 AM
Michael Lewis, Cyber Security and Technology Strategy Planner at Chevron and Ashish Shah, Team Lead of Cyber Security Risk Assessment and Operational Excellence at Chevron, are the Co-Chairs of the Houston Chapter of the FAIR Institute – and have a story to tell about patience and persistence
May 6, 2021 10:04:04 AM
The Open Group Security Forum, the experts who maintain Factor Analysis of Information Risk (FAIR™) as the international standard for cyber risk quantification, recently updated the Open FAIR Body of Knowledge to clarify some risk terminology, including this statement:
May 6, 2021 7:45:18 AM
“I’ve been involved with the FAIR Institute almost from Day One,” says Chip Block, Vice President and Chief Solutions Architect at Evolver, a Converged Security Solutions Company. Chip founded the first local chapter of the FAIR Institute
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 >>
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 >>
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 >>