FAIR meaning in Academic & Science ?

Answer: What is Factor Analysis of Information Risk mean?

Factor Analysis of Information Risk (FAIR) is a taxonomy of the factors that contribute to risk and how they affect each other. It is primarily concerned with establishing accurate probabilities for the frequency and magnitude of data loss events. It is not a methodology for performing an enterprise (or individual) risk assessment.

FAIR is also a risk management framework developed by Jack A. Jones, and it can help organizations understand, analyze, and measure information risk according to Whitman & Mattord (2013).

A number of methodologies deal with risk management in an IT environment or IT risk, related to information security management systems and standards like ISO/IEC 27000-series.

FAIR seeks to prof them.

Although the basic taxonomy and methods have been made available for non-commercial use under a creative commons license, FAIR itself is proprietary. Using FAIR to analyze someone else's risk for commercial gain (e.g. through consulting or as part of a software application) requires a license from RMI.

reference

Full Form	Category
Fair Allocations In Research	Academic & Science
Factor Analysis of Information Risk	Academic & Science
Facility for Antiproton and Ion Research	Academic & Science
First Association of Independent Racers	Business
Fibre optics Association for International Research	Business
First Article Inspection Report	Business
Canadian Foundation for Advancement of Investor Rights	Business
Findable, Accessible, Interoperable and Reusable	Business
Families Acting for Innocent Relatives	Community
Family Advocacy and Information Resource	Community
Fairness and Accuracy In Reporting	Community
Family Action, Information, and Rescue	Community
Fund for Appalachian Industrial Retraining	Community
Fellowship Agency for International Relief	Community
Facebook Artificial Intelligence Researchers	Computing
FairCoin	Cryptocurrency
FairGame	Cryptocurrency
Facts Are Irrelevant Really	General
Fairness Advocates For Intergenerational Rights	General
Foundation For Apologetic Information Research	General
Facts Actions Issues And Reasons	General
Families Adopting In Response	General
Foundation for Apologetic Information and Research	General
Fairness Accuracy In Reporting	General
Florida Assessments for Instruction in Reading	General
Freedom of Access to Information and Resources	General
Allocation In Runways	General
Federal Activities Inventory Reform	Governmental
Families Against Immigrant Racism	Governmental
Flight Attendants for Independent Representation	Governmental
Finance Administration Intergovernmental Relations	Governmental
Federation for American Immigration Reform	Governmental
Federal Activities Inventory Reform Act of 1998	Governmental
For All Individuals Right's	Governmental
Fair Access To Insurance Requirements	Insurance
Fair Access To Insurance Requirement	Insurance
Facilitates,Allows,Inhibits,Restricts (occupational participation)	Medical
Forum Against Islamophobia Racism	Messaging
Fly Along Infrared	Military and Defence
Forum for African Investigative Reporters	Regional
Fabrication, Assembly, and Inspection Record	Space Science
Freedom Athletic Inequities Response	Sports