In our 31 July 2021 Episode 42, Risky Business, we covered the basics of risk and risk assessment. This part 2 episode gets into the practical application of risk management using the FAIR model, or Factor Analysis of Information Risk. We explain key risk terminology and walk through examples of how to express risk using this model, as well as creating a meaningful way to explain to executives that is actionable.

 

Risk Matrix Example: Link

One Page FAIR Model: Link

Measuring & Managing Information Risk: Link

FAIR Wiki: Link