The Chicago Local Chapter of The FAIR Institute provides the opportunity to meet with your peers across a variety of industries in your geographical area to learn from each other’s expertise and operational practices and to exchange views on possible applications of FAIR. Together, you will advance your knowledge of FAIR and expand its range of applications.

When: Thursday, October 5, 2017, 3:30 - 5 PM CDT 
Where: Northern Trust 
                  181 W Madison Street 
                  7th Floor
                  Chicago, IL 60602


Third party risk is a topic of growing concern for many organizations. Boards and senior executives need clear and concise information for understanding the risks introduced by a variety of third parties, including suppliers, contractors, partners, direct and indirect service providers, and even customers. Many organizations blindly accept risks inherited from third parties because they lack sufficient maturity for identifying, triaging, measuring, and adjudicating those risks.

In this interactive session, we will share anecdotes and good practices drawn from several recent engagements across a range of industries. The facilitators will share lessons learned for categorizing and triaging the sources of third party risk, including financial, contractual, legal, operational, and security. The session will provide ample opportunity for attendees to share their own experiences and challenges, and will focus on how to apply FAIR concepts for measuring loss event frequency and loss event magnitude to third party risk issues.

Guest Speakers:

beckettDan Beckett

  • Managing Partner, Principal Consultant at Security Architects Partners
  • Formerly Executive Director of Information Security Risk Management at CME Group

Mr. Beckett is an executive advisor with CISO–level experience, including IT implementation, policy development, strategic consulting, and training. Projects he has led include identity management, risk management, cloud security and application security, spanning multiple industries.  He has also served as adjunct professor at Michigan State University.  Prior to Security Architects Partners and CME Group, he was a leader in Burton Group’s identity and security consulting practice, and continued in these capacities after Gartner acquired Burton Group in 2011.


Dan Blum

  • Managing Partner, Principal Consultant at Security Architects Partners
  • Senior Analyst at KuppingerCole

Mr. Blum is an internationally-recognized expert in security, privacy, cloud computing and identity management. Currently, he develops Security Architects Partners’ business partnerships, delivers or leads consulting engagements and creates content for research reports. Formerly, he was a Golden Quill award-winning VP and Distinguished Analyst at Gartner and one of the founding partners of Burton Group. Honored as a Privacy by Design Ambassador in 2013, he’s also authored 2 books, written for numerous publications and participated in standards groups such as CSA, ISACA, OASIS and others.