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Shaping the Future of Cyber Risk Management

BW Businessworld

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December 14, 2024

With its mission to advance cyber risk quantification through the FAIR (Factor Analysis of Information Risk) model, the institute empowers businesses to align cybersecurity with broader objectives using structured, data-driven insights. Managing Director TODD TUCKER discusses how the institute’s methodologies and community-driven approach are reshaping industry standards worldwide, including growing interest in India and Asia Pacific

- Noor Fathima Warsia

Shaping the Future of Cyber Risk Management

THE Fair Institute created a niche in cyber risk management in the fast-evolving digital landscape. With its mission to advance the adoption of the FAIR (Factor Analysis of Information Risk) model, the institute has grown into a global community, empowering organisations to quantify and address cyber risks in a structured, data-driven manner.

Over time, the institute has witnessed a surge in interest from India and the Asia Pacific region, where businesses increasingly embrace structured approaches to cybersecurity. “By adopting FAIR, organisations in these regions can align with global standards while addressing unique local challenges,” says the institute’s managing director, Todd Tucker.

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