FAIR Institute Blog

10 Reasons Why FAIR Is the Standard for Cyber Risk Quantification (Infographic)

[fa icon="calendar"] Jul 19, 2022 2:21:15 PM / by Jeff B. Copeland

"Cyber risk quantification” – it’s a term loosely applied to putting any kind of number on risk in cybersecurity. But there is a highly developed standard for quantitative analysis of cyber risk in the financial terms that support well-informed decision-making: Factor Analysis of Information Risk (FAIR™)

See the infographic below to learn:  

The worldwide extent of FAIR adoption.

Why FAIR as an open standard is superior to the proprietary and inherently flawed approaches widely promoted by vendors as cyber risk analysis today. 

Key benefits, including:  

  • FAIR enables a statistical value at risk (VaR) model for cyber (as well as technology and operational) risk on par with other standard methods of risk management in finance and other fields.
  • FAIR compliments the leading risk management and controls frameworks from NIST, ISO, COSO and more.

Infographic 10 Reasons FAIR Standard 2

View and print this infographic as a pdf.

Learn more: Why FAIR Is Winning as the Standard

Topics: FAIR

Jeff B. Copeland

Written by Jeff B. Copeland

Jeff is the Content Marketing Manager for RiskLens.

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