FAIR Analysis

Factor Analysis of Information Risk (OpenFAIR™)

Scenario

Level 2 Driver

Loss Event Frequency

How often do bad things happen?

Threat Event Frequency (TEF)

Level 3

Frequency of threat attempts per year.

Min Most Likely Max

💡 Industry benchmarks: Ransomware 0.5-2/yr, Data Breach 1-5/yr, DDoS 2-10/yr

Vulnerability (Vuln)

Level 3

Probability (%) that threat overwhelms defense.

Min % Likely % Max %

💡 Industry benchmarks: Well-protected 10-30%, Average 30-60%, Weak defenses 60-90%

Level 2 Driver

Loss Magnitude

Select Currency: USD

Primary Loss

Level 3

Direct financial impact (Incident Response, Fines, etc).

Min (USD) Likely (USD) Max (USD)

💡 Industry benchmarks: SMB $50K-$500K, Enterprise $500K-$5M (IBM Cost of Data Breach 2024)

Monte Carlo simulation runs. More runs = more stable results. 1K for quick preview, 10K recommended, 50K for formal reports.

Analyst Report

AAL (Mean Risk)

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VaR (90%)

-

10% chance to lose more

Max Loss

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Min Loss

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Loss Exceedance Curve

Sensitivity Analysis

Identify which parameters have the greatest impact on risk