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RECENT BLOGS

From a FAIR™ Institute Perspective, COVID-19 Isn’t a Black Swan. It’s a Gray Rhino

Mar 25, 2020 6:29:40 PM

“Coronavirus is the black swan of 2020,” says a recent statement by Sequoia, the prominent venture capital firm, repeating a buzzy term that’s being widely circulated to describe the current pandemic crisis

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Meet a Member Podcast: Michael Kenney, Freddie Mac, Starting with FAIR™ from the Operational Risk Side

Mar 25, 2020 9:39:40 AM

While the beachhead for FAIR™ adoption in most organizations is on the cyber side, Michael Kenney, Vice President of Operational Risk for the Multifamily business line at Freddie Mac, the big secondary mortgage buyer, is introducing FAIR and quantification starting from the operational risk side – or, as he says with a “wider footprint.” 

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Jack Jones on How the COVID-19 Pandemic Is Likely to Affect Cybersecurity Programs

Mar 19, 2020 8:30:00 AM

One of the questions I like to ask CISO’s is, “What is the most cost-effective control in your arsenal?”  The responses are varied and interesting, but their answers are pretty consistently based on bias

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POPULAR BLOGS

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Inherent Risk vs. Residual Risk Explained in 90 Seconds

Sep 7, 2017 3:18:43 PM

I recently had a conversation with clients around a risk analysis they conducted and noticed as they walked me through it that they seemed to get hung up on the terms “inherent risk” and “residual...

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'Risk Appetite' vs. 'Risk Tolerance'. What’s the Difference?

May 1, 2017 8:51:54 AM

The terms “risk appetite” and its close cousin “risk tolerance” are often poorly understood, very rarely used to good effect, and commonly used interchangeably.

Similar to the word “risk,” you will...

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NIST Maps FAIR to the CSF - Big Step Forward in Acceptance of Cyber Risk Quantification

Nov 19, 2019 2:36:00 PM

It's official: NIST has formally published FAIR as an Informative Reference to the NIST CSF, the most widely used cybersecurity framework in the U.S,  a major milestone in the history of FAIR. This...

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