C-Risk Education

Data-Driven Cyber Risk Management
Using FAIR™
e-Learning Course

Master the art of cyber risk quantification with the FAIR methodology with our e-learning course developed by our pedagogical experts in collaboration with FAIR™-certified cyber-risk experts. The interactive, self-paced course is designed for busy professionals looking to up-skill in data-driven cyber risk management and prepare for the Open FAIR™ 2 Foundation certification.

Key points of the training:

The e-learning course is self-paced and interactive. You will cover the basics of data-driven risk management, learn the principles of CRQ and master the FAIR™ taxonomy and how to apply it. There is a practice exam at the end of the course to prepare for the Open Fair™ 2 Foundation certification. The e-learning course also includes three optional live sessions with a FAIR-certified instructor.

Prerequisites:

Our e-learning course is designed for professionals across all industries and functions. There are no prerequisites to join the course. However, a foundational knowledge of risk management, cybersecurity, or information security will help you get the most out of the course.

Who the training is for:

Our self-paced e-learning course is designed for anyone looking to apply risk-based CRQ methodologies to their cybersecurity decision-making process:
Cybersecurity professionals
Risk managers
Executives and decision-makers
Anyone interested in learning more about cyber risk quantification and FAIR™

cyber risk quantification training

Data-Driven Cyber Risk Management Using FAIR™
e-Learning Course Content

This self-paced, interactive e-learning course will guide you through the fundamentals of data-driven risk management while introducing the principles of Cyber Risk Quantification using the FAIR™  framework. You will learn how to structure your analyses using the FAIR™ taxonomy to assess cyber risks quantitatively and how to present clear and impactful results. At the end of this course, you will have acquired the knowledge and skills to pass the Open FAIR™ 2 Foundation certification exam.

00

Understanding the Origins of FAIR™

The course begins with an overview of the history of FAIR™, developed by Jack Jones.  We explore some of the reasons the model was developed, how it has evolved, and they way it's been adopted in various contexts.

01

What is Risk?

This chapter provides an in-depth exploration of the concept of risk. Through practical examples and interactive exercises, you will learn:

  • the various definitions of risk from the major risk management and cybersecurity frameworks
  • how risk is perceived and its two main dimensions

02

Risk Management

We introduce the fundamentals of risk governance. This chapter will provide insights into:

  • what is risk management and why it is crucial for decision-making
  • how to define risk tolerance and risk capacity
  • the steps and tools for effectively managing risks, including the FAIR™ Risk Management Stack

03

Objectives of Cyber Risk Quantification (CRQ)

We address why you would choose a quantitative approach when analyzing cyber risk. We will explore:

  • The limitations of qualitative methods, such as risk matrices.
  • Cognitive biases and communication issues in risk assessment.

Participants will understand the distinct advantages of a rigorous, data-driven risk analysis.

04

Introduction to the FAIR standard

This chapter provides a brief overview of the FAIR model through its four core principles. Participants will discover why this standard has become a leading reference in cyber risk quantification.

05

The FAIR™ methodology

Here, we delve into the five essential steps of the FAIR™ methodology for structuring a cyber risk analysis. Through practical examples, we cover:

  • Modeling risk scenarios.
  • Managing uncertainty.
  • The different types of events, threats, and vectors.

Participants will learn how to effectively document their assumptions and conclusions.

06

The FAIR™ taxonomy

This chapter explores the FAIR™ taxonomy in depth, examining key factors such as:

  • Frequency of loss, magnitude of losses, and vulnerability.
  • The distinction between primary and secondary losses.

Participants will discover the relationships between these factors and how they impact analyses.

07

Key quantification concepts

We revisit the essential statistical principles for effective quantification:

  • The difference between precision and accuracy.
  • The importance of Monte Carlo simulation and the volume of available data.

This chapter helps structure a rigorous and robust analysis.

08

Estimation techniques

Participants will learn how to provide accurate estimates even in the face of uncertainty using calibration techniques. Interactive exercises will help them practice and build confidence in their estimation skills.

09

Interpreting and presenting results

The training concludes with practical advice on how to:

  • Interpret the results of a FAIR™ analysis.
  • Prepare clear, actionable reports for decision-making.

Participants will leave with practical tools to communicate their analyses to a variety of stakeholders.

Ready to Boost Your CRQ Expertise?

Elevate your skills and career potential with expert-led courses from C-Risk Education

Why choose C-Risk Education?

Our e-learning courses are developed by pedagogical experts and FAIR™-certified cybersecurity and risk management experts. Our interactive, self-paced content combines theoretical knowledge with practical skills and exercises for a rewarding learning experience tailored to your professional needs.

Learn from experts
Educational content
FAIR™-certified
Ongoing support

Invest in your future
Data-Driven Cyber Risk Management Using FAIR™

Individual Access
For cyber and risk management professionals building skills independently
€990

Benefits:

  • Unlimited access for 6 months
  • Live sessions on CRQ + Q&A
  • Completion certificate
Corporate Access
For organizations investing in the development of their team's expertise
Price upon request

Benefits:

  • Discounted rates per participant
  • Progress tracking for e-learners
  • Dedicated support for your organization
How it works

How to register in 3 simple steps

01.
Register for the e-learning course

Register and pay for the course by credit card on our secure platform.

02.
Access the C-Risk Education platform

Once registered, you can log in to the e-learning platform.

03.
Start your e-learning journey

Enjoy unlimited access to the C-Risk Education platform for 6 months.

What if you took the leap?

Transform your cyber risk management with our specialized training. Register now and add an objective dimension to your cyber risk management through financial quantification.

C-Risk education e-Learning platform in numbers

+16 hours of interactive, self-paced content
Developed by cyber and pedagogical experts

Course material was developed in partnership with cybersecurity and risk management professionals and pedagogical experts for enhanced learning outcomes

3 live sessions
Instructor-led sessions with live Q&A

Topic-based sessions on data-driven cyber risk management, including time for Q&A are included

+50 Expert Insight videos
Data-driven risk management in practice

Cybersecurity experts and risk professionals discuss their professional experience implementing frameworks and troubleshooting with clients

+70 lessons
Including 8 test-yourself checkpoints

Course objectives are clearly defined at the beginning of each chapter and the interactive lessons are presented in digestible chunks to accelerate skill acquisition

logo qualiopi

The quality certification was issued for the following category of action: TRAINING ACTIONS.

Meet Our Experts

Our team of FAIR™-certified cyber risk management experts combines years of industry experience with a passion for delivering engaging and well-researched training to help you advance your skills and achieve your goals in data-driven cyber risk management.

elodie huet cybersecurity consultant
Inga Ignat
Cybersecurity Consultant and Cyber Risk Management

7 years of experience in IT governance, cybersecurity, risk management, and compliance. Holds a Master's in Information Security and certifications in Open FAIR, ISO/IEC 27001 Senior Lead Auditor, and CISM.

gerard caroll delivery manager
Yassir Essahi
Cybersecurity consultant and cyber risk management

Specialist in risk assessment and compliance, with experience in IT auditing (BIG4) and technology risk management. Graduate of Neoma Business School, certified in Open FAIR, CISA, and ISO 27001 Lead Auditor.

sarah atiah cybersecurity consultant
Tom Callaghan
Co-founder of C-Risk

30 years of experience in IT and information security. Former virtual CISO, holds a degree in economics and computer science from University College Cork (Ireland).

sarah atiah cybersecurity consultant
Gerard Carroll
Delivery manager

Over 10 years of experience in IT consulting and project management, with expertise in business continuity, GRC, and cyber risk quantification. Certified in Open FAIR, ITIL, CISSP, and holds a Master's in Business.

sarah atiah cybersecurity consultant
Sarah ATIAH
Cybersecurity and risk management consultant

7 years of experience in risk management, incident management, and cybersecurity awareness. Holds a Master's from Institut Mines-Télécom, certified in Open FAIR, ISO 27001 Lead Auditor, and ISO 27005 Risk Manager.

sarah atiah cybersecurity consultant
Christophe Forêt
Co-founder of C-Risk

30 years of experience in information security and business development. Expert in CRQ and cybersecurity governance for large enterprises. Graduate in International Marketing from SKEMA Business School.

sarah atiah cybersecurity consultant
Melissa Parsons
Technical and content writer

Specialist in technical communication with a passion for technology. Contributed to the writing and delivery of the "Data-Driven Cyber Risk Management" courses on the e-learning platform. Holds a degree in history and technical communication.

sarah atiah cybersecurity consultant
Grégoire Paillas
Training manager

Nearly 10 years of experience in educational content creation and managing professional training. Responsible for the "Data-Driven Cyber Risk Management" course on C-Risk Education.

Hear What People Are Saying About C-Risk Education

"State-of-the-art approaches"

C-Risk is a thought leader and ambassador of Cyber Risk Quantification in Europe with a strong influence on the market. The team is working relentlessly on educating organizations and quantifying their top risks with state-of-the-art approaches in order to improve decision-making on (cyber) risks. 

David Steng
Director Cyber Risks & Economics @ Fresenius Group

"I highly recommend C-Risk"

Over the past two years, I have worked with C-Risk on a number of projects, from performing FAIR-based quantitative risk assessments and consulting on Information Security strategy to GDPR/SOX 404 compliance work. C-Risk has a deep understanding of each subject area, in particular the FAIR methodology. They have a flexible approach and are able to scale depending on your needs. I highly recommend C-Risk to anyone seeking risk assessment or information security consulting services.

Markus Kaufmann
C|CISO

"tailored to our needs"

C-Risk is a reliable partner in our transition from a maturity-based to a risk-based information and cyber security approach. Over the past years, with the assistance of C-Risk's professional team, we have assessed several critical cyber risk scenarios using the FAIR-based quantitative risk assessment methodology. One of the most significant values delivered by these assessments was the opportunity to apply the results in defining accurate requirements that were tailored to our needs when updating our cybersecurity insurance policy.

Giorgi Gurielidze
Head of Information Security, CISO @ TBC Bank
C-Risk Education FAQ

Here are some answers to commonly asked questions

The training is intended for cybersecurity professionals, risk analysts, IT managers, and anyone looking to deepen their skills in cyber risk quantification.

Who is this training for?

The training is intended for cybersecurity professionals, risk analysts, IT managers, and anyone looking to deepen their skills in cyber risk quantification.
When you add up the cost of the probable magnitude and probable frequency of all the loss types, you are able make informed decisions about your cybersecurity strategy.

What are the prerequisites?

No specific prerequisites are required, but a basic understanding of risk management and cybersecurity is recommended.

How can I access the platform?

Once registered, you will have immediate access to all course materials via our e-learning platform.

Can I follow the course at my own pace?

Yes, the e-learning course is self-paced, so you can fit training into your schedule. And you have 6 months to complete the course.

Can I take the Open FAIR 2 certification after the training?

Yes, this training prepares you for the Open FAIR™ 2 Foundation certification. Pearson Vue is the only authorized body to conduct the certification exam. Please note that the PearsonVUE exam fee is not included in the training costs, and additional study may be required before attempting the certification exam.

Will I receive a certificate upon completion?

Yes, a completion certificate will be issued at the end of the training.

Is there support available if I have questions?

Yes, you can always email us with your questions or schedule a meeting with our training manager.

What payment methods are accepted?

Please check with C-Risk for accepted payment methods.

Do you offer corporate training?

Yes, we offer tailored training for businesses to meet your company’s needs. Contact us for more information.