Black Kite Introduces Open FAIR™-Based Risk Assessments, Expanding Its Cyber Risk Quantification (CRQ) Offering

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Building on its leadership in third-party CRQ, Black Kite now delivers automated estimates of probable financial risk impact as part of the assessment workflow

BOSTON, March 17, 2026 /PRNewswire/ — Black Kite, the leader in third-party cyber risk management, today announced the release of Open FAIR™-Based Risk Assessments, which extends its CRQ capabilities to its AI-powered cyber assessment offering. Black Kite fully automates the calculation of probable financial impact in the event of a data breach, ransomware attack, or business disruption scenario using the industry-leading Open FAIR™ methodology, eliminating the complexity and manual effort typically associated with CRQ analysis. This latest release brings CRQ directly into the cyber risk assessment workflow, enabling customers to instantly calculate financial risk during onboarding and periodic risk reviews.

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