Ostrich Cyber-Risk Continues Partnership with FAIR Institute as Institute Sponsor
SALT LAKE CITY, — Ostrich Cyber-Risk, a leading cyber risk management company, proudly announces its ongoing partnership with the FAIR Institute as an Institute Sponsor for the year 2024. This strategic collaboration reaffirms Ostrich Cyber-Risk's commitment to advancing the discipline of measuring and managing information risk in the cybersecurity landscape.
As an Institute Sponsor, Ostrich Cyber-Risk will continue to contribute to the FAIR community by holding a seat on the Advisory Board, collaborating on thought leadership materials and webinars, participating in Institute events, and serving as a premier sponsor of the annual FAIR conference, FAIRCON24, scheduled for October. Additionally, the partnership includes support for multiple local chapter meetings throughout the year.
"We're excited to further our partnership with the FAIR Institute," said Bret Laughlin, CEO and Co-Founder of Ostrich Cyber-Risk. "The FAIR standard remains integral to our Birdseye™ SaaS solution, underpinning our commitment to advancing cyber risk management practices. By reaffirming our support as an Institute Sponsor, we continue to strengthen our collaboration with the FAIR Institute, driving innovation and excellence in this space."
FAIR™, recognized as the international standard for cyber and operational risk analysis and quantification, aligns perfectly with Ostrich Cyber-Risk's mission to empower organizations in making informed decisions about their cybersecurity investments. With FAIR™, businesses can apply traditional financial analytics to cybersecurity, enabling them to prioritize risks, assess control effectiveness, and allocate resources for maximum impact.
"We're thrilled to have Ostrich Cyber-Risk remain as a Sponsor of the FAIR Institute," added Jack Jones, Chairman Emeritus of the FAIR Institute. "We look forward to collaborating with the Ostrich Cyber-Risk team to advance the adoption of the FAIR™ model and help our members build quantitative risk management programs."
About the FAIR Institute:
The FAIR Institute is a research-driven not-for-profit organization dedicated to advancing the discipline of cyber and operational risk management through education, standards and collaboration. The Institute is made up of forward-thinking risk officers, cybersecurity leaders and business executives that operates with a central mission: “Establish and promote risk management best practices that empower security and risk professionals to collaborate with their business partners on achieving the right balance between protecting the organization and running the business.” Factor Analysis of Information Risk (FAIR™) is the framework and the driver behind our mission. Learn more and become a member today: www.fairinstitute.org.
About Ostrich Cyber-Risk:
A recognized leader in cyber-risk management, Ostrich empowers risk and security teams to proactively assess cyber risk exposure in financial terms. Our Birdseye™ Cyber Risk Management application, grounded in industry benchmarks like NIST CSF, ISO, MITRE, and CRI, is a risk-based cybersecurity program management application that helps users determine their biggest cyber risks and which controls most efficiently reduce those risks through qualitative risk analysis and quantitative scenario simulation through the Open FAIR™ ontology. This unique approach enables organizations to swiftly prioritize and quantify financial and operational risks in real-time to make informed business decisions on cybersecurity. Learn more at www.ostrichcyber-risk.com.
