Measuring And Managing Information Risk A Fair Approach

Measuring And Managing Information Risk A Fair Approach. measure of an organization’s overall risk posture • Decisionmaking controls Those elements that help stakeholders define adjust and enforce expectations and allocate resources to achieve risk management objectives (eg organization objectives laws and regulations risk tolerance definitions metrics reporting and risk analyses).

Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide Measuring and Managing Information Risk provides a proven and credible framework for understanding measuring and analyzing information risk of any size or complexity Format PaperbackAuthor Dr Jack Freund Jack Jones.

Measuring and Managing Information Risk: A FAIR Approach

Measuring and Managing Information Risk A FAIR Approach The Awardwinning FAIR Book provides a practical and credible model for understanding measuring and analyzing information risk of any size and complexity It shows how to deliver financially derived results tailored for enterprise risk management It is intended for organizations that need to build a risk management program from the ground up or to strengthen an existing one.

Measuring and Managing Information Risk: A FAIR Approach

Executive SummaryReviewConclusionOne is hard pressed to go a day without encountering some sort of data about information security and risk Research from firms like Gartner are accepted without question even though they can get their results from untrusted and unvetted sources Panic around Ebola and other rare events shows how people are illinformed about risk While distressing over Ebola the media is oblivious to true public health threats like obesity heart disease drunk driving diabetes and the like When it comes to information security the situation is not much better With myriad statistics surveys data breach reports and costs global analyses and the like there is an overabundance of data but an under abundance of meaningful data In Measuring and Managing Information Risk A FAIR Approach authors Jack Freund and Jack Jones have written a magnificent book that will change (for the better) the way you think about and deal with IT risk The book details the factor analysis of information risk(FAIR) methodology which is a proven and credible framework for understanding measuring and analyzing information risk of any size or complexity An Open Group standard FAIR is a methodology and a highly effective quantitative analysis tool The power of FAIR is immense it enables the risk practitioner to make wellinformed decisions based on meaningful measurements While that seems obvious in practicality it is a challenging endeavor FAIR is invaluable in that it helps the risk professional understand the language that the corporate board and senior executives speak Understanding that and communicating in their language can make it much easier for information security to be perceived as a valued asset as opposed to using Chicken Little statistics FAIR takes the risk professional out of the realm of dealing with risk via the checklist which only serves to produce meaningless measurements into the world of quant There are plenty of security books that will give you a basic overview of risk management It is sort of like giving a person a fish For those who are looking to master the art of risk management and learn how to fish Measuring and Managing Information Risk A FAIR Approachis one of the best books you can add to your library The book is flawless in its execution and description of the subject The only critique is that the authors should have been a bit more transparent in the text when (especially in Chapter 8) mentioning the FAIR software in that it is their firm that makes the software For those who are willing to put in the time to understanding FAIR this book will make their jobs much easier It will help them earn the trust of senior management and make them much better risk management professionals in the process This is a book that will stand the test of time and be valuable to risk management professionals for years to come which makes it a worthy entrant into the.

Measuring and Managing Information Risk: A FAIR Approach

Access Free Measuring And Managing Information Risk A Fair Approach Measuring and Managing Operational Risks in Financial Institutions Follow stepbystep guidance to craft a successful security program You will identify with the paradoxes of information security and discover handy tools that hook security controls into business processes.