What is the primary focus of Open FAIR?

The primary focus of Open FAIR is to provide a framework for understanding, analyzing, and managing information risk. This framework emphasizes the need for organizations to accurately assess risk in a structured manner, which is crucial for making informed decisions regarding risk management. Open FAIR does not just look at security measures or compliance; it offers a comprehensive approach that includes identifying the elements contributing to risk, quantifying that risk, and integrating it into overall business decisions.

This makes it a valuable tool for organizations aiming to balance their risk exposure with their strategic objectives. While streamlining communication, enhancing data protection, and establishing compliance standards may be important aspects of an organization’s risk management strategy, they are not the central focus of Open FAIR. The framework is primarily concerned with risk management at its core, advocating for a systematic way to understand risk and the potential impacts related to information assets.