
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.
Apr 15, 2021 4:11:25 PM
Factor Analysis of Information Risk (FAIR™) defines “risk” in a way that’s both simple and useful.
Risk = the probable frequency and probable magnitude of future loss
Apr 14, 2021 12:53:20 PM
Strange, unusual, media-worthy vulnerabilities and cyberattacks… they seem to pop up every few months or so and send us risk managers into a fire drill. The inevitable questions follow:
Apr 13, 2021 11:25:21 AM
Pres. Biden announced his intention to nominate Chris Inglis for the new National Cyber Director role, coordinating cybersecurity across civilian agencies.
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 Approach
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