The FAIR Institute Certification Program is designed to build and validate the knowledge, skills, and leadership capabilities needed to apply FAIR and assess, quantify, manage, and communicate cyber risk. Professionals at all levels can gain a practical, defensible understanding of measuring, managing, and communicating risk in financial terms through a structured learning path that spans foundational concepts to advanced applications.

The program includes role-based training and tiered certifications for Professionals, Leaders, and Executives, each aligned to key responsibilities in a modern cyber risk management function. By combining hands-on learning, real-world scenarios, and rigorous assessment, the FAIR Institute empowers individuals and organizations to make smarter, risk-informed decisions, improve program maturity, and align cybersecurity with business outcomes.

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This five-day virtual course is designed to equip professionals in Third-Party Risk Management (TPRM) with the skills and knowledge needed to evolve from a compliance-focused mindset to a risk-informed strategy based on FAIR. Through instructor-led sessions and practical scenario analysis, participants will learn to quantify third-party cyber risk using FAIR’s core constructs — loss event frequency and loss magnitude — allowing for more accurate, transparent, and defensible risk assessments.

By embedding FAIR across the TPRM lifecycle from initial vendor intake through to assessment, risk analysis, and treatment, attendees will be empowered to drive meaningful risk-based decisions. The course places a strong emphasis on scenario modeling, control analysis using FAIR-CAM™, and prioritization based on business impact, rather than checklists or static scores. It is ideal for TPRM professionals, cybersecurity and GRC teams, procurement leaders, and anyone seeking to elevate third-party risk decisions through quantitative, business-aligned methods.

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Taught by cybersecurity and risk management thought leaders, this complementary course is designed for executives to master cyber risk management using the FAIR (Factor Analysis of Information Risk) Model. Through five in-depth courses, learners will understand key concepts, practical applications, and governance strategies, enhancing their ability to make informed decisions and build resilient cyber risk management programs. Industry partners and real-world case studies are integrated to provide actionable insights and hands-on experience.

Learners engage in hands-on exercises that involve conducting FAIR analyses, utilizing risk modeling tools, and developing comprehensive risk management plans. These projects are designed to solve authentic problems, enabling learners to apply risk quantification techniques to real-world scenarios.

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FAIR Analysis Fundamentals provides a foundational understanding of the FAIR model and the underlying concepts of FAIR analysis. In this course, you’ll learn the FAIR™ methodology for risk analysis, including basic risk concepts, terminology, measurement, and interpreting results. The course includes 16 CPEs, a study guide, and an exam to earn a FAIR Fundamentals certificate from the FAIR Institute. 

Enroll on FAIR Academy