This is cache of http://riskmanagementinsight.com/riskanalysis/?p=381. Cache is the snapshot of article that we took when we index feed.
To see original page click here.
We are not affiliated with the authors of this article and not responsible for its content.
UPDATES GALORE! or, THE PRONOUN WE MEANS YOU AND ME!
2008-08-13 15:24:17 by Alex in RiskAnalys.is
 

So much traveling, so little blogging.  Sorry everyone.  I’ve gotta say first that I really enjoyed meeting readers and friends of the blog this past two weeks.

Today, allow me to update you on FAIR and the movement towards a formal, open standard.  There’s a couple of cool things going on in our little risk-world.

First, The Open Group Security Forum continues to move towards a formal adoption of FAIR.

WHAT DO YOU MEAN “WE” - YOU GOT A STANDARDS BODY IN YOUR POCKET OR SOMETHING?

Our meeting in Chicago a few weeks ago was great, but also slightly disturbing for me. I got pronoun-confusion syndrome.   I’m used to using the “we” pronoun to refer to RMI, or Jack and myself as we vet the models.  So without even thinking I would said “we have been looking at how loss occurs, and may want to change the model some” and The Open Group Members freaked out (rightfully so).  Adrian Seccombe gently reminded me that the “we” was now the Security Forum, and that “we” didn’t go changing things at will without vetting against each other.  Man I love this stuff.  I get to run our thoughts and ideas past some great folks now - you know, those smart people who tend to have really complex problems and are trying hard to solve them.

Formal Adoption:  Soon, Very Soon Now

Formal Adoption basically means we’ve made this document, everyone is close to saying that they generally like it, and once that finally happens then “bam”, we’re ready to move onward and upward with better things (see Cookbooks, below).  We’ve got a couple of changes to the current document that have been requested that aren’t a big deal.  For example, one request is that we make some statement about general applicability of FAIR to risk domains outside of the IT realm.   But once additions like that and others are done, this long process should be complete.

New Document Moving Towards Public Release:

We’ve got a basic document that should be public in the next few weeks on “What Makes a Good Risk Assessment Methodology” - written by yours truly and Jack.  It’s a very high-level document, and serves two purposes:

  • For novices it helps parse out what is important in any undertaking to understand corporate risk (the repeated discussions on the ISO 27001 mailing list make me think it would be a place ripe for such a document).
  • For those who “know” risk, it helps to re-establish some fundamental principles like the use of scales (ratio, please), the implications of dealing in probabilities, what attributes like consistency and defensibility mean, how “risk” should be reported to the business (something you know, meaningful) and so on.

When this doc is deemed ready for public consumption I’ll be sure to post on this blog here.

COOKBOOKS, EUROPEAN AGENCIES, AND, IRON CHEF “RISK” - WHOSE CUISINE WILL REIGN SUPREME?

One interesting thing that came up in the Chicago meeting was that ENISA (The European Network and Information Security Agency) developed a very nice document that reviewed something like 18 different risk assessment methodologies against their Criteria for Goodness.  FAIR was one of the ones they reviewed, and we (the royal “we” used there to include all us FAIR-Folk) did awfully well.  Things of interest:

  1. They based their work on the current introduction paper which is not at all a step-by-step guide towards an organizational risk assessment (what ENISA really wanted) and we did pretty well.  Well enough that if we had developed a paper along the lines of NIST 800-30 or OCTAVE for the use of FAIR in a formal process, we could have done really, really well.  Like won-the-bake-off kind of well.
  2. FAIR is actually not at all incongruous to many of the risk assessment methodologies offered, and in fact compliments many of them by letting those methodologies develop real, structured probabilities.  Think OCTAVE, where they basically say “math is (probabilities are) hard, so if you want to do them for reals, good luck!  But here’s a nonsensical way to do things if you want to believe in magic-fairy risk“.  FAIR fits right in there by stomping on the magic-fairy risk with the jack-boots of rationality.  FAIR similarly helps other risk standards that might lack structured probability development.

So The Open Group Security Forum decided that though we could create a new document and totally p0wn any future ENISA bake-off, there wasn’t much demand for the development of that documentation by the membership  - a point which was made quite apparent at the beginning of the discussion when one large European company CISO asked “What’s ENISA?”  Relevancy is everything, I suppose.

But that second item up there - the one about helping rather than competing with other “risk assessment methodologies” - really struck a chord.  So “we” (The Security Forum) are going to develop some “Cookbooks” that basically are high-level documents that say “If you want to use FAIR with (OCTAVE/COSO/CoBIT/Whatever) here’s how it fits, makes it better, and improves your life.  I’m pretty excited about these, and our first document looks like it’s going to be COSO integration.

THE OPEN GROUP SECURITY FORUM - THEY’RE A TRUSTING BUNCH (WITH QUALIFICATION, OF COURSE)

Finally, many people have asked me “Why work with The Open Group?”  There are many reasons, to be sure, but I will give you one example.  Members of the Security Forum there are not only great at vetting the model and getting consensus on risk and risk factors - but they’re quick to start applying.  So in Chicago, I thought I’d be talking about FAIR and the standard and fighting groupthink.  Nope.  Not at all.  In fact, the forum members spent more time suddenly discussing use of FAIR in a new Trust Model they’re developing.  So all of the sudden, I’m part of a new and exciting project to develop a Trust Model - how cool is that?  While formal adoption of the Trust Model will be necessarily long and deliberate - the collaboration and development is happening much faster than I can keep up with.  But if you all will allow me, it will help me get my head around it all by blogging about it later this week.  So be prepared to read about me dealing in “Trust” a little bit.

 
 
 
 
 
 
SecurityRatty FAQ
Sergey Zarubin, 31yo
CISSP, CCSP
Moscow, Russia