In this course students will learn two advanced methods for quantifying cyber risk. The first method is Probability Tree which is a visual method for analyzing risk. The second method is Bayesian Inference which is a mathematical method for verifying risk estimates. An Excel-based workbook is provided containing both models.
Learning Objectives
This course introduces students to an Excel-based FAIR compliant model and gives them a working knowledge of the FAIR ™ standard and how to use this method for quantifying cyber risk in terms of financial impact.
Framework Connections
Feedback
If you would like to provide feedback for this course, please e-mail the NICCS SO at NICCS@hq.dhs.gov.