Here we examine three important FAIR™ terms that can confuse those learning FAIR. In addition, reference links are provided to a recently revised set of formal Open Group FAIR standards documentation.
FAIR Terminology 101 – Risk, Threat Event Frequency and Vulnerability
[fa icon="calendar'] Aug 18, 2021 11:01:44 AM / by Brad Agee posted in Key Terms
FAIR Risk Terminology: ‘Vulnerability’ Is ‘Susceptibility’, the Open Group Says
[fa icon="calendar'] May 6, 2021 10:04:04 AM / by Jeff B. Copeland posted in Key Terms
The Open Group Security Forum, the experts who maintain Factor Analysis of Information Risk (FAIR™) as the international standard for cyber risk quantification, recently updated the Open FAIR Body of Knowledge to clarify some risk terminology, including this statement:
Key Terms in Cyber Risk Analysis – Test Your Knowledge
[fa icon="calendar'] Jun 24, 2020 1:42:23 PM / by Jeff B. Copeland posted in Key Terms
How do you define key terms such as “inherent risk”, “quantitative risk analysis”, “risk appetite” or “vulnerability”? Do your colleagues define them the same way?