FAIR(tm) Model

The Factor Analysis of Information Risk (FAIR) Model is the industry standard for quantifying cyber risk.  The FAIR standard provides a comprehensive and objective approach to risk analysis and management.

The Factor Analysis of Information Risk (FAIR) standard provides a model for understanding, analyzing and quantifying cyber risk and operational risk in financial terms.  the FAIR standard is probabilistic rather than predictive, and assesses risk based on a combination of Loss Event Frequency (LEF) and Loss Magnitude (PLM). Risk is defined as “the probable frequency and probable magnitude of future loss.”  By quantifying risk in financial terms, organizations can better prioritize and communicate cyber and technology risk management.

With our Excel-based FAIR Model, you can:

• Quantify your organization's cyber risk exposure
• Identify and prioritize your most critical assets and vulnerabilities
• Optimize your risk management decisions
• Communicate risk to stakeholders in a clear and concise manner

Our Excel-based FAIR Model uses the same proven methodology that has been adopted by organizations of all sizes and industries. It provides a framework for analyzing and quantifying risk that is based on sound statistical and mathematical principles. By using the FAIR Model, you can ensure that your risk management decisions are based on accurate and reliable data.

The FAIR Model is easy to use and can be customized to fit the specific needs of your organization. It can be applied to a wide range of risk scenarios, including cyber attacks, data breaches, and other security incidents.

Don't let cyber risk undermine your organization's success. Try the FAIR Model today and see the difference it can make.