Back to ResourcesFAIR Taxonomy for Cyber Risk Scenarios- An Analyst’s Guide for Defining Risk Scenarios for Continuous Risk Management
Video with Slides | Thought Leadership
Join us as we introduce the FAIR Taxonomy for Cyber Risk Scenarios: An Analyst's Guide for Defining Risk Scenarios for Continuous Risk Management. This groundbreaking resource that addresses one of the most challenging aspects of cyber risk management: creating clear, consistent, and actionable risk scenarios. In this webinar, we'll explore how this standardized taxonomy enables organizations to overcome common challenges in cyber risk definition, including vague risk statements, overloaded risk registers, and inconsistent terminology. By implementing a structured approach aligned with industry best practices, security teams can more effectively quantify, prioritize, and manage their cyber risks. Our presentation will cover:
- The refined cyber risk taxonomy with clearly defined categories for threats, assets, methods, and effects
- How the updated risk scenario framework aligns with modern threat landscapes
- The expanded list of effects based on the FAIR Materiality Assessment Model (FAIR-MAM™)
- Practical examples demonstrating how to apply the taxonomy in real-world scenarios