Insights from the 2025 FAIR Institute European Summit

Managing Cyber Risk at the Speed of Business

In today's rapidly evolving threat landscape, artificial intelligence is simultaneously transforming both cyber threats and defense mechanisms. With new regulatory frameworks such as NIS2 and DORA reshaping compliance requirements, organizations face a critical challenge: how to manage cyber risks with the speed, clarity, and credibility that modern business demands.

The FAIR Institute European Summit, held June 5th in London, brought together leading cybersecurity voices to address this challenge. C-Risk's experts participated alongside CISOs, risk leaders, and industry pioneers in discussions that are shaping the future of cyber risk management.

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C-Risk's Strategic Contributions

Tom Callaghan, Co-Founder of C-Risk, moderated an informative session on regulatory readiness, advocating for a pragmatic approach to compliance. He emphasized that holistic risk management as the only scalable approach to address constantly evolving compliance requirements.

No amount of regulations or standards are going to get you to where you need to be with [cyber] risk.

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Christophe Foret, Co-Founder of C-Risk, joined Jimmy Lumis from IHG and Zach Cossairt from Equinix to explore how FAIR methodology combined with agentic AI is revolutionizing third-party risk management. Their discussion highlighted the transformation of TPRM from traditional checklist-based processes to dynamic, intelligence-driven risk assessment.

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Innovation in Practice

The summit showcased concrete technological advances, including a demonstration by Saket Modi's (Safe Security) of AI agents using third-party risk documents develop FAIR risk scenarios. This innovation speeds up the compliance process while enabling decision-makers to prioritize vendor risks in financial terms, fundamentally changing how businesses approach supplier risk assessment.

Discussions also highlighted the insurance industry's shift toward quantified risk models, positioning FAIR as a strategic advantage for organizations seeking improved cyber insurance terms and conditions.

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Concrete Results Beyond Theory

The summit emphasized practical applications with case studies from Mastercard, Maersk, Virgin Media O2, and Ostrich Cyber-Risk, demonstrating how FAIR enables measurable improvements in risk reduction and return on security investments. Laura Cristiana Voicu (Elastic) notably presented an innovative approach to directly link cybersecurity investments to modeled risk reduction.

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Building the Future of Cyber Risk Management

The European summit confirmed a significant industry shift: leading organizations are building scalable risk management programs, embracing automation, and integrating FAIR methodology at the core of their operations.

At C-Risk, we are committed to supporting this transformation by delivering solutions that combine state-of-the-art frameworks and data-driven methods with cutting-edge technological innovation.

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To stay ahead of these developments and engage with industry experts, join the upcoming FAIR Institute Paris Chapter meeting on July 3rd. Together, let's shape the future of cyber risk management.

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