Open FAIR 2 Foundation case studies
Open FAIR 2 Foundation · Put your knowledge to work in context.
The Open FAIR 2 Foundation certification is one of the knowledge-based credentials in The Open Group's Risk Analysis – Open FAIR certification portfolio, which the source describes as covering "the Open FAIR Foundation certification and Open FAIR 2 Foundation certifications." It sits alongside other knowledge-based programs such as TOGAF, ArchiMate, IT4IT, and Open Agile Architecture in The Open Group's certification catalog, and The Open Group notes that Foundation-level certifications "are at Level 1 and 2, remembering and" understanding within Bloom's taxonomy - meaning the exam tests recall and comprehension of concepts rather than hands-on analysis experience. It is aimed at risk analysts, security and IT risk practitioners, architects, and managers who need a shared, defensible vocabulary for expressing risk in financial terms. The Open FAIR 2 Foundation case studies are 5 cases and about 2,936 words.
1The Unpatched Server That Was Not a Risk
A security manager at a 1,200-person payment processor opens the quarterly risk meeting with a slide titled 'Top Risk: 14 unpatched Apache servers.' The servers sit behind the cardholder-data environment; patch SLA is 30 days, but 14 have been unpatched for 45 to 90 days. Last quarter two exploitation attempts were detected, one succeeded for six hours before containment.
656 words, about 3 min2Ransomware at a Regional Hospital: Sorting the Ontology
A 220-bed regional hospital is recovering from a ransomware incident. The affiliate gained access through an unpatched VPN appliance, moved laterally, and encrypted the electronic health record (EHR) and imaging systems.
629 words, about 3 min3Six Weeks to Quantify a Brand-New API
A SaaS company plans to launch a partner API in eight weeks. Projected volume is 9 million calls per day across 12 enterprise customers; the API exposes invoice and payment metadata.
545 words, about 3 min4MFA, EDR, or Insurance: Comparing Controls with FAIR Outputs
A 600-store retailer has completed a FAIR analysis of account-takeover risk in its customer loyalty platform. Median loss event frequency is 4 per year (90% range 2–8).
584 words, about 3 min5Aggregating 200 Small Risks for the Board
A manufacturing firm has 200 plant-level risk scenarios in its register, each with an ALE between 20,000 and 150,000. Summed, the ALEs total 8.4M.
522 words, about 3 min