Measuring and Managing Information Risk: A FAIR Approach
Price: $49.95 - $34.62
(as of Dec 03,2024 02:12:37 UTC – Details)
Publisher : Butterworth-Heinemann; 1st edition (September 5, 2014)
Language : English
Paperback : 408 pages
ISBN-10 : 0124202314
ISBN-13 : 978-0124202313
Item Weight : 1.88 pounds
Dimensions : 7.5 x 0.93 x 9.25 inches
Customers say
Customers find the book informative, excellent, and useful for both analysts and managers. They say it provides a good treatment of information risk and is comprehensive on calculating risk. Readers also mention it’s well worth the purchase.
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Measuring and Managing Information Risk: A FAIR Approach
In today’s digital age, the protection of sensitive information is more critical than ever. With the increasing frequency and sophistication of cyber attacks, organizations must have a comprehensive understanding of their information risk in order to effectively manage and mitigate potential threats.
One approach to measuring and managing information risk is the Factor Analysis of Information Risk (FAIR) framework. FAIR provides a structured methodology for analyzing and quantifying information risk, allowing organizations to prioritize their resources and make informed decisions about risk management.
FAIR breaks down information risk into two main components: the frequency of a threat event occurring and the magnitude of the impact if the event were to occur. By quantifying these factors, organizations can calculate the overall risk of a given scenario and make data-driven decisions about risk mitigation strategies.
In addition to assessing risk, FAIR also provides guidelines for managing information risk effectively. This includes identifying and prioritizing critical assets, implementing security controls, and monitoring and evaluating the effectiveness of risk management efforts.
By adopting a FAIR approach to measuring and managing information risk, organizations can better understand their exposure to potential threats and take proactive steps to protect their sensitive data. With a comprehensive understanding of information risk, organizations can make informed decisions about risk management and security strategies, ultimately reducing their vulnerability to cyber threats.
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