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FAIR Training & Certification

Accredited FAIR Training by RiskLens Academy

Learn From the Experts 

  • Factor Analysis of Information Risk (FAIR) is the only international standard Value at Risk (VaR) model for cybersecurity and operational risk
  • FAIR is a standard established by The Open Group, a global consortium that enables the achievement of business objectives through IT standards
  • RiskLens is officially accredited by The Open Group for providing FAIR Training and Certification Courses

The FAIR Analyst Course

Take Your Career to the Next Level

  • The course is a foundational introduction to FAIR, a risk methodology that risk analysts can use to accurately model and quantify risk
  • Analysts trained in FAIR can build an effective approach to improved risk analysis and management
  • By employing FAIR, organizations will make better-informed decisions because management will be given accurate, useful information by those with FAIR training

The Open GroupFAIR Certification

All analysts successfully completing the sessions qualify for formal CPE credits and will be issued a Certificate of Completion 

  • Training hours apply against CPE requirements for various certifications. Onsite training equates to 20 hours of CPE credit, and online training is worth 15 hours of CPE credit
  • At the conclusion of training, analysts will have the opportunity to test for FAIR certification
  • FAIR certification is issued by The Open Group; testing through Prometric.com

How FAIR Can Be Leveraged

 These are some of the ways in which FAIR can provide value:

  • Accurately assess aggregate IT and cybersecurity loss exposure
  • Identify control weaknesses and concentrations of risk
  • Estimate capital reserves and cyber insurance requirements
  • Optimize security mitigation budgets and project priorities
  • Support oversight, governance and compliance requirements

More Than Innovative Risk Modeling

Key components of the training focus are effective communication, calibration (a method for making better measurements), and better analyses. 

  • Standardizing risk terminology in any organization will streamline communication and provide clarity regarding the risk landscape
  • Calibration allows for subject matter experts to make accurate estimates in the absence of data
  • While calibration is helping to bridge the information gaps, those gaps are getting smaller as our analysis framework and tools let organizations know exactly where to find hard data. In many cases, data already exists and FAIR-trained analysts know how to find and leverage this data
 On-SiteOnline
Description

Training provided on-site at your organization by a certified FAIR trainer in one or two formats:

  • 2.5 full days or...
  • 5 half-days

Training provided via webinar by certified FAIR trainer with two components:

  • 4 days of online discussion sessions for 1.5 hours each
  • Daily training material for self-study
Total Time Spent with FAIR Trainer Approximately 20 hours Approximately 6 hours (additional 8 hours self-study)
Training Material Provided materials include presentations, table-top exercises and training books Online material is available for download by participants
Reviewed FAIR Analyses

3-6 analyses

Completed as: Class, Group and/or Individual

1-2 analyses

Completed as: Individual

Estimated Cost $14,000 for up to 16 students $1,299 per student

 

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