FAIR vs QBER
This page compares two common styles of cyber risk modeling and how they map to CRML.
- FAIR-style models often focus on decomposing loss event frequency and loss magnitude using expert-driven factor models.
- QBER-style models often emphasize a more explicit threat-action view and may include richer control-state and dependency structures.
CRML is flexible: both styles can be represented as scenario documents plus optional portfolio context.
Mapping into CRML
In CRML terms:
- Frequency assumptions live in
crml_scenario.scenario.frequency. - Severity assumptions live in
crml_scenario.scenario.severity. - Exposure scaling is handled by portfolios via
scenario.frequency.basis+ portfolio asset binding. - Controls can be referenced by scenarios and implemented/measured in portfolios.
See:
Reference engine status
Some features (e.g., correlated control-state sampling via copula) are supported by the reference engine and documented under: