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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
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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
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RECENT BLOGS

Jack Jones: Automating Cyber Risk Quantification (Part 5 of 5)

May 10, 2022 7:45:00 AM



In the previous post, I provided examples of some controls-related data that
can’t be used to support automated cyber risk quantification (CRQ).  But the
news isn’t all bad.  There are some data that can be used to support CRQ.



Read More >>

How CISOs Can Think Like Business Leaders -- Advice from Michael Carr, CISO at
Health First

May 4, 2022 12:02:04 PM



Do you know your hurdle rate? Michael Carr, VP, CTO/CISO, at Health First, the
Florida hospital operator and health insurance provider, recently gave a talk to
the HealthITSecurity Virtual Summit that covered financial terms and metrics



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Jack Jones: Automating Cyber Risk Quantification (Part 4 of 5)

May 3, 2022 1:50:19 PM



I covered a lot of ground in the previous posts, and rather than summarize them
here I’ll assume you’ve read those posts already.  So, let’s dive into the last
analytic dimension…



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SEE ALL BLOGS


POPULAR BLOGS

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...



Read More >>
'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...



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...



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