The FAIR Institute is excited to announce that we are forming a new Cyber Insurance Workgroup. We are inviting a select group of industry experts representing cyber insurance brokers, underwriters, buyers, and data privacy lawyers to work on a project to determine a standard model for assessing cyber risk, with the goal of optimizing cyber insurance coverage.
The industry has been seeking such standard models. The FAIR standard has gained traction across the industry as it provides a common taxonomy, in a quantitative analytics model, to assess cyber risk.
In 2018, we will present our results at the 2018 FAIR Conference that will be held on October 16 & 17, at Carnegie Mellon University.