The FAIR Institute Blog

Build a Foundation for a FAIR Cyber Risk Quantification Program

Written by Jeff B. Copeland | Oct 11, 2021 1:30:00 PM

“The foundation is really important for the growth and maturity of a FAIR program, even if it takes a long time for people to be convinced about risk quantification.”

That’s the advice of Prashanthi Koutha, Senior Risk Engineer at Netflix. The first goal for the Netflix team’s FAIR implementation “was to look at the existing risk program and add rigor – not to change the mindset and transition to cyber risk quantification immediately. The only goal is, are we doing better today than yesterday.” 

Prashanthi joins Tony Martin-Vegue, Senior Information Security Risk Engineer at Netflix for a presentation at the upcoming FAIR Conference (FAIRCON21):

Fireside Chat - How to Get a FAIR Program Off the Ground, Tuesday, October 19, 1:15-1:45 PM ET

Register now for FAIRCON21

Netflix is about two years into FAIR adoption. The team’s first step was to introduce FAIR concepts and terminology to the discussion of risk, and carefully work FAIR analysis into decision workflows, while building trust in the program as stakeholders see risk becoming more accessible and actionable. The next step will be to fully transition to FAIR for all risk scenarios.

Prashanthi has been a FAIR analyst for 5 years – she started working with Joel Baese, who pioneered FAIR at Walmart. Tony is a longtime FAIR practitioner and chairs the FAIR Institute Chapter in San Francisco. “FAIR is still a new concept, that’s the challenge. I really like being part of the journey early on,” Prashanthi says. Between Walmart and Netflix, Prashanthi has played an instrumental role in building FAIR programs in two of the largest global corporations.

Learn more from the Netflix FAIR team:

Tony Martin-Vegue presented the webinar Common Uses Cases of FAIR Analysis - Beginner Chapter Meeting, now on our LINK discussion board. A (free) FAIR Institute membership is required. Sign up for membership now.

Register now for FAIRCON21