RESTON, Va., Sept. 26, 2018 (GLOBE NEWSWIRE) — The FAIR Institute, an expert, nonprofit organization led by information risk officers, CISOs and business executives to develop standard information and operational risk management practices, will be hosting its annual FAIR Conference (FAIRCON18) as a movement central for “cyber risk economics,” the revolutionary approach to measuring and managing information risk enabled by the Factor Analysis of Information Risk (FAIR) model. The conference will be held October 16 and 17 in Pittsburgh, PA, co-hosted by Carnegie Mellon University’s Software Engineering Institute and Heinz College of Information Systems and Public Policy, world centers for information security studies.
FAIR is the most widely accepted cyber value-at-risk (VaR) standard for measuring cybersecurity and operational risk in financial terms, freeing the risk profession from seat-of-the-pants qualitative estimation and opening the door to treating cyber risk on the same economic basis as other risk disciplines.
The FAIR Institute is a non-profit, professional organization that shepherds the FAIR standard and spreads the FAIR message through its website,…
