FAIR Institute Blog

AML & Sanctions Compliance: Top Operational “Risks” for 2017? – Part 3

[fa icon="calendar'] Oct 12, 2017 10:52:53 AM / by Evan Wheeler posted in FAIR

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After a short summer break, the FAIR Institute Operational Risk workgroup met again in August to continue our project using the FAIR methodology to revise a typical list of “top operational risks” (we found our list on Risk.net). 

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Hot Job: Data Protection Officer for the EU’s GDPR

[fa icon="calendar'] Oct 9, 2017 8:25:39 AM / by Jeff B. Copeland posted in FAIR, Risk Management

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Look for thousands of job listings next year for “data protection officer” to meet a requirement of the European Union’s General Data Protection Regulation, the privacy law that goes into effect May 18, 2018. Here’s a quick rundown to see if you need to start shopping for a DPO, as well.

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FBI’s Donald Freese Praises FAIR Approach at (ISC)² Security Congress

[fa icon="calendar'] Oct 3, 2017 12:35:20 PM / by Jeff B. Copeland posted in FAIR

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Donald Freese, Deputy Assistant Director of the FBI in the information technology branch, gave the opening keynote talk last week to the (ISC)² Security Congress in Austin, and hit some themes inspired by FAIR.

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Case Study: NIST Digital Identity Guidelines and FAIR “Made for Each Other”

[fa icon="calendar'] Sep 29, 2017 5:15:42 PM / by Jeff B. Copeland posted in FAIR, Case Studies

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The new NIST 800-63-3 Digital Identity Guidelines and FAIR were “made for each other”, writes Chip Block, VP at Evolver, Inc., (the operator of large-scale security operations centers for government and business) in an article just published on The Security Ledger website  -- the guidelines establish levels of security based on risk, and FAIR sets monetary values for the risk, enabling organizations to prioritize spending.

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Coming Soon: Try FAIR Risk Quantification on Our Free Tool

[fa icon="calendar'] Sep 29, 2017 8:00:00 AM / by Jeff B. Copeland posted in FAIR, Risk Management, Fair Conference 2017

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UPDATE: The FAIR-U training app is now available. Get access to the web app now 

At the FAIR Conference in mid-October, the FAIR Institute will introduce FAIR-U, our first officially sanctioned training application for running FAIR risk analysis, guaranteed to correctly leverage the FAIR model.

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'Vulnerability' in Risk Analysis, Explained in 2 Minutes [Video]

[fa icon="calendar'] Sep 27, 2017 3:36:37 PM / by Tim Wynkoop posted in FAIR

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Precise definitions of the factors that go into an accurate risk analysis – that may be the bottom line advantage of the FAIR approach.  For a great example, take Vulnerability, loosely defined as "weakness" most often, but FAIR gives it a focussed and more useful meaning: “the probability that a threat event will become a loss event.”  

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Q&A: Jack Jones Talks with the Global Association of Risk Professionals (GARP)

[fa icon="calendar'] Sep 20, 2017 6:07:48 PM / by Jeff B. Copeland posted in Risk Management

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FAIR Institute Chairman Jack Jones was interviewed by Jeffrey Kutler of the Global Association of Risk Professionals for an article published on the GARP website, “Signs of Acceptance and Maturity for the FAIR Model”.

The article is vintage Jack. A sample:

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Last Chance for the Best Deal at FAIRCON17!

[fa icon="calendar'] Sep 20, 2017 10:50:36 AM / by Luke Bader posted in Events, Fair Institute, Fair Conference 2017

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The 2017 FAIR Conference is less than a month away and there are only 10 days left to secure your spot at discount pricing, ending September 30.

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Announcing the FAIR University Program - Building the Next Generation of Risk Management Leaders

[fa icon="calendar'] Sep 18, 2017 10:53:42 AM / by Luke Bader posted in FAIR, Risk Management, Fair Institute

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 Since our founding, The FAIR Institute has received an increasing number of requests to create an information risk management course based on FAIR. We are responding to those personal requests, and to a market demand, to help create risk analysts who are well trained and well versed in quantitative risk analysis. 

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4 Tips for Running Risk Analysis Meetings

[fa icon="calendar'] Sep 15, 2017 7:00:00 AM / by Rebecca Merritt posted in Risk Management

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As a risk consultant, I run a lot of meetings for project scoping or data gathering that bring together people from around a company, usually with different perspectives and agendas. Often these meetings require that everyone come together and agree on a direction for a risk analysis project.

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