Information Risk
Book summary - Measuring and Managing Information Risk - A FAIR Approach; by Jack Freund, Jack Jones
Further reading: FAIR
Enterprise TruRisk Platform
Further reading Qualys Expands IT Control Posture To ‘De-Risk’ Business - Forbes Related pages Qualys
How to Quantify Cyber Risk using Factor Analysis of Information Risk (FAIR)
FAIR is a framework for threat modeling and a standard methodology for applying Value at Risk (VaR) principles to cybersecurity and operational risk. It promotes a consistent and measurable approach to analysing and quantifying risk. FAIR approaches risk from a quantitative rather than a qualitative perspective. Traditional risk management scales that use rank or order, for example Red-Amber-Green, High-Medium-Low, or Rated 1-5, as ordinal data are qualitative in nature. FAIR provides a more precise and objective way to assess risk by focusing on numerical data, enabling better-informed decision making, and a clearer understanding of the potential financial impact. ...