FAIR WORKGROUPS

FAIR Institute Workgroups are designed to foster collaboration between senior information risk officers and information security leaders and FAIR Institute partners. They offer a great opportunity to connect with your peers, to share insights and to gain knowledge in specific areas of interest.

The purpose of the workgroups is to develop thought leadership, frameworks, competency models, research,and industry-specific deliverables to advance the risk profession and to promote FAIR adoption worldwide.

What to Expect

 
Each workgroup will meet four times a year. There are three virtual sessions over the course of the year and a culminating, in-person strategic workgroup summit at the annual FAIR Conference.

The summit will include interactive presentations, panel discussions and briefings from workgroup leaders on team results. This will be a terrific time to learn from one another’s collective experiences. We strongly recommend that you participate in all four workgroup sessions for maximum benefit but you are invited to attend any of our sessions independently.

Workgroup Themes & Insights

Topics will vary by workgroup and by whether the group has an industry or professional focus. Below are  our initial workgroups:

CYBER RISK MANAGEMENT

The FAIR Institute's Cyber Risk Workgroup chaired by Jack Jones, Chairman of the FAIR Institute and EVP of RiskLens provides the opportunity to meet and collaborate with information risk officers to discuss, develop and share best practices that leverage FAIR as a quantitative risk model for information risk. Together, we will set new practical standards for how information risk can be managed in financial terms and enable cost-effective decision making. 

 

OPERATIONAL RISK

The FAIR Institute Operational Risk Workgroup chaired by Evan Wheeler from Financial Engines provides the opportunity to meet and collaborate with other operational risk management officers to develop a set of best practices that leverage FAIR as a quantification and analytics model for operational risk. Together, we will set new practical standards for how operational risk can be managed in financial terms and enable cost-effective decision making. 

 

FAIR ACADEMICS

The FAIR Institute's Academics Workgroup chaired by Mike Jerbic from San Jose State University provides the opportunity to meet with other educators from other universities or learning centers to learn from each other’s expertise and operational practices in teaching how to leverage FAIR to build effective risk management practices. Together, we will augment our expertise in teaching about FAIR and in educating the next generation of information risk officers. 

 

FAIR STANDARDS COMMITTEE

The FAIR Standards Committee is a by-invitation only workgroup co-chaired by Jack Jones, Chairman of the FAIR Institute, and Jim Hietala, VP of Security at The Open Group, the standards consortium that selected FAIR as their risk standard. The goal of the Standards Committee is to evaluate opportunities to evolve and extend the Open FAIR standards and body of knowledge. Together, we will continue to revolutionize how organizations talk about risk and how they make risk-based decisions.

 

LOCAL FAIR INSTITUTE CHAPTERS

Local Chapters of the FAIR Institute provide 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. With chapters across the globe, there are many places to meet other risk experts. Together, we will advance the knowledge of FAIR and expand its range of applications.

 

FAIR-CAM™ USER WORKGROUP

The FAIR Institute's FAIR-CAM™ User Workgroup is an incubator for practical use cases in applying FAIR-CAM™ as a Diagnostic Tool to expose the root cause of control variance and decision gaps. These insights are used to inform the uplift in the design of Loss Event Controls. The workgroup is a supportive environment for members to work on and publish their research while being reviewed by Institute leaders.