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.
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
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
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.
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...Read More >>
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...Read More >>
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...Read More >>