FAIR-Based Vendor Risk Quantification
Vendor risk in dollars, not color codes.
Docubark quantifies third-party risk in financial terms, aligned with the FAIR model. Every vendor gets an annualized loss exposure figure your CFO, board, and regulators can actually use.
The problem with heat maps
Most TPRM tools score vendors "High / Medium / Low" based on questionnaire answers. That tells you nothing about impact. Is a "High" vendor a $5K problem or a $2M problem? Which remediation is worth paying for? Heat maps can't answer either question. FAIR (Factor Analysis of Information Risk) can, because it expresses risk the way every other business function does: as expected loss in dollars.
How Docubark applies FAIR concepts to vendors
Evidence in.
Docubark's AI reads the vendor's SOC 2, ISO certs, policies, and pentest reports, and scores control effectiveness with citations back to the source documents.
FAIR factors estimated.
Control effectiveness feeds susceptibility. Vendor criticality, data access, and dependency feed loss magnitude. Threat event frequency draws on vendor type and exposure.
Dollars out.
Each vendor gets an annualized loss exposure (ALE) estimate that updates when the evidence changes, not once a year.
What you can do with quantified vendor risk
- Rank your vendor portfolio by expected loss instead of gut feel
- Justify (or kill) security spend with cost-benefit math a CFO accepts
- Report third-party risk to the board in one slide, in one currency
- Defend risk acceptance decisions to auditors and regulators with a documented, repeatable model
Transparent by design
FAIR only works if the math is inspectable. Docubark shows the inputs behind every estimate: which controls scored low, which evidence drove the score, and how changing an assumption changes the number. No black-box ratings.
FAQ
See your top 10 vendors in dollars. Free tier, setup in days.
FAIR is a trademark of the FAIR Institute. Open FAIR is a trademark of The Open Group. Docubark is not affiliated with or endorsed by either organization.