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The Standard Quantitative Model for Information Security and Operational Risk

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?

FAIRTM (Factor Analysis of Information Risk)  has emerged as the premier Value at Risk (VaR) model for cybersecurity and operational risk. The FAIRTM Institute is a non-profit professional organization dedicated to advancing the discipline of measuring and managing cyber and operational 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 model and the cyber and operational risk management professions.
14000+
Members Worldwide
50%
Fortune 1000 Orgs.
25
Local Chapters

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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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TECHNICAL ADVISOR

 

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SPONSORS

 IBM       RiskRecon-1

   

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EDUCATION PARTNERS

SJSU     WASHSTL        UMass Amherst       Ferris-State       CMU            VT   

   University of Tampa    University of Toronto    Georgia Southern      georgemason     Macquarie 

Learn more about our Education Partners

RECENT BLOGS

Important Questions when Choosing a Cyber Risk Quantification Provider Part 1: Utility & Data

Mar 29, 2023 1:02:21 PM

The new white paper Understanding Cyber Risk Quantification: A Buyer’s Guide by Jack Jones, creator of the FAIR™ standard, arms you with all the information you need to be make an informed choice on re-orienting your risk management program around financial analysis of cyber and technology risk

Read More >>

Educate Your Board, Build Support for Cyber Risk Quantification with the New NACD Director’s Handbook on Cyber-Risk Oversight

Mar 28, 2023 12:31:03 PM

The new 2023 edition of the Director’s Handbook on Cyber-Risk Oversight from the National Association of Corporate Directors (NACD) and the Internet Security Alliance (ISA) educates board members on upgrading their oversight capability for cyber risk

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Meet a Member: Brenda Thayer, Fannie Mae, on Applying FAIR to Shifting Markets

Mar 27, 2023 2:23:50 PM

Brenda Thayer, Senior Manager, Technology Risk, at Fannie Mae, the big mortgage finance organization, packs a lot of advice into this 10-minute conversation with FAIR Institute Director Luke Bader.

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POPULAR BLOGS

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Inherent Risk vs. Residual Risk Explained in 90 Seconds

Feb 15, 2023 5:09:00 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?

Feb 7, 2023 4:49:00 PM

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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Security Exception vs. Risk Acceptance: What's the Difference?

Feb 6, 2019 2:00:00 PM

FAIR model creator Jack Jones recently answered a FAIR Institute member's question about terminology that's one of those easily confused yet critical distinctions in cyber risk management: What's the...

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