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This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy. If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked. Accept Decline * Member Resource Library × search Custom Search Sort by: Relevance Relevance Date MENU * About * Chairman’s Welcome * Mission * Leadership * Members * Awards * FAIR Wear Shop * Newsroom * Learn FAIR * What is FAIR? * FAIR Risk Management * FAIR Controls Analytics Model * FAIR Book * FAIR FAQ * FAIR Institute Blog * FAIR Training and Certification * FAIR-U Tool * FAIR University Curriculum * FAIR Institute Member Resources * FAIR Training * Events * FAIR Seminars * Workgroups * Local Chapters * Partners * Technical Advisor * Sponsors * Education Partners * Become a Sponsor * Contact Us * Blog * Get Involved WELCOME TO THE FAIR INSTITUTE | HOME OF FAIR™ THE STANDARD QUANTITATIVE MODEL FOR INFORMATION SECURITY AND OPERATIONAL RISK Join leading information risk, cybersecurity and business executives to collaborate on the development and the sharing of industry-leading best practices for quantifying and managing information risk. Learn More and Join Today! WHAT IS THE FAIR INSTITUTE? FAIRTM (Factor Analysis of Information Risk) has emerged as the premier Value at Risk (VaR) model for cybersecurity and operational risk. The FAIRTM Institute is a non-profit professional organization dedicated to advancing the discipline of measuring and managing cyber and operational risk. It provides information risk, cybersecurity and business executives with the standards and best practices to help organizations measure, manage and report on information risk from the business perspective. The FAIRTM Institute and its community focus on innovation, education and sharing of best practices to advance the FAIRTM model and the cyber and operational risk management professions. Become a Member 14,000+ Members Worldwide 50% Fortune 1000 Orgs. 25 Local Chapters LEARN ABOUT FAIR Factor Analysis of Information Risk (FAIRTM) is a practical framework for understanding, measuring and analyzing information risk, and ultimately, for enabling well-informed decision making. GET STARTED EXPLORE THE FAIR INSTITUTE The FAIR Institute is an expert, non-profit organization led by information risk officers, CISOs and business executives to develop standard information risk management practices based on FAIRTM. LEARN MORE GET INVOLVED Learn about the industry's best practices; collaborate with other innovators to further advance the profession; and network with your peers to learn from their operational experiences. BECOME A MEMBER THE FAIR INSTITUTE IS EXTREMELY PROUD TO BE NAMED ONE OF THE 'THREE MOST IMPORTANT INDUSTRY ORGANIZATIONS OF THE LAST 30 YEARS' AT THE 2019 SC AWARDS. Read More here A STANDARD BY TECHNICAL ADVISOR SPONSORS EDUCATION PARTNERS Learn more about our Education Partners RECENT BLOGS How to Use DREAD Analysis with FAIR Feb 21, 2023 5:54:00 PM Let’s talk DREAD (threat modeling, not the overwhelming feeling of despair associated with your reoccurring 4:30 p.m. Friday meeting). So, what is the DREAD threat model? Read More >> Meet a Member: Pooya Alai, Senior Cybersecurity Risk Manager for Maersk on Unblocking the Decision Process with FAIR Feb 16, 2023 6:30:00 AM Pooya Alai, a Senior Cybersecurity Risk Manager for Maersk, the global shipping giant and integrator of logistics, came to FAIR™ (Factor Analysis of Information Risk) from a background in enterprise risk management (ERM), not IT, and his first reaction was “I can make something much more complicated than this.” Read More >> Inherent Risk vs. Residual Risk Explained in 90 Seconds Feb 15, 2023 5:09:00 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 risk” and the inherent risk definition for that particular scenario. Read More >> SEE ALL BLOGS POPULAR BLOGS Inherent Risk vs. Residual Risk Explained in 90 Seconds Feb 15, 2023 5:09:00 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... Read More >> Security Exception vs. Risk Acceptance: What's the Difference? Feb 6, 2019 2:00:00 PM FAIR model creator Jack Jones recently answered a FAIR Institute member's question about terminology that's one of those easily confused yet critical distinctions in cyber risk management: What's the... Read More >> 'Risk Appetite' vs. 'Risk Tolerance'. What’s the Difference? Feb 7, 2023 4:49:00 PM 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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