The Open FAIR™ 2 Foundation certification is important because it validates a foundational understanding of the quantitative Open FAIR™ Body of Knowledge, which is essential for effectively managing and assessing risk in today’s complex cybersecurity landscape. Certified risk professionals demonstrate the ability to quantify and prioritize risks in financial terms, making it easier to communicate risk insights to business stakeholders.
The beginnings of Open FAIR™ 2 Foundation Certification
In 2007, the Factor Analysis of Information Risk (FAIR) was introduced to The Open Group. The Open Group is a consensus-based member organization that creates open standards and publishes best practices for in the fields of Security and Risk. In 2009, the Open Group first published the first version of the Risk Taxonomy Standard (O-RT). In 2012, the Risk Analysis Standard (O-RA) was published. These two standards are called the Open FAIR™ Body of Knowledge.
The Open FAIR™ Body of Knowledge is a tool for professionals to learn how they can perform rigorous and consistent risk analyses. The Body of Knowledge also helps risk professionals evaluate the efficacy of a risk assessment and analysis model.
In 2013, the Open FAIR™ Certification program was launched. Since 2024, the Open FAIR™ 2 Foundation Exam has been offered to validate a candidate’s knowledge and understanding of the Open FAIR™ Body of Knowledge.
The beginnings of Open FAIR 2 Foundation certification
Open FAIR™ 2 Certification advantages
The Open FAIR™certification validates a professionals understanding and knowledge of the Open FAIR™ framework and methodology. Some of the concepts that are tested by the exam are:
Understanding of the Open FAIR™ taxonomy and how factors are related
How to perform consistent and defensible risk analyses
How to take an organizational view of risk
How to defend your results
Who will benefit from the Open FAIR™ 2 certification?
Senior-level executives
Professionals working in information system security and operations
Risk analysts
Decision-makers
Anyone interested in probabilistic risk analysis models
Open FAIR™ 2 Foundation exam basic information
Candidates should have a solid understanding of the Open FAIR™ terminology and taxonomy, the basics of risk analysis as part of risk management, and how to interpret results.
Testing location: Pearson VUE testing centres or online proctored exam
Prerequisites: None
Exam Type: Simple Multiple Choice
Number of questions: 40
PassingScore: 60% (24 out of 40 questions)
Duration: Candidates are given 1 hour to complete the exam. If English is not your native language, you can be granted extra time.
Re-take Policy: If you fail the exam, you must wait one month before taking another attempt
Open FAIR™ 2 Foundation exam basic information
C-Risk Education can help you prepare
C-Risk Education is an accredited Open FAIR™ training organization. We provide valuable support to risk professionals aiming to pass the Open FAIR™ certification exam. Our instructor-led courses offer a strong foundation in Open FAIR™ concepts, ensuring a solid grasp of the taxonomy and analysis methodology essential for success. C-Risk’s two-day training course for practitioners, led by cybersecurity and risk management experts, equips risk professionals with practical skills to apply quantitative, data-driven risk management techniques based on the Open FAIR™ Body of Knowledge. This course also includes dedicated time to work on case studies, helping to refine and deepen your expertise.
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