Compliance » Enhancing Cybersecurity Compliance with National Institute of Standards and Technology’s (NIST) Latest Update

Enhancing Cybersecurity Compliance with National Institute of Standards and Technology’s (NIST) Latest Update

April 11, 2024

Enhancing Cybersecurity Compliance with NIST's Latest Update

The National Institute of Standards and Technology (NIST) has released a revamped cybersecurity risk management framework, CSF Version 2.0, aiming to aid organizations in addressing cybersecurity challenges, according to an article by Navex. This framework, freely available and applicable to any organization regardless of size or industry, offers practical guidance to CISOs, risk managers, and internal auditors.

The CSF doesn’t prescribe specific security controls but outlines desired security outcomes, leaving the implementation details to the organization’s discretion. It emphasizes six core capabilities: governing security strategy, identifying risks, protecting assets, detecting threats, responding to attacks, and recovering operations.

The framework is structured into three parts: the Core, which defines the basic capabilities; CSF Profiles, which assess current and target cybersecurity capabilities; and Tiers, which evaluate the maturity of the cybersecurity function.

CSF encourages senior management to engage in cybersecurity discussions, aligning organizational goals with cybersecurity strategies. This alignment is crucial for effective implementation, as it ensures workforce compliance with cybersecurity measures.

Once consensus is reached at the management level, specific policies, procedures, and controls can be established, potentially drawing from other NIST frameworks or industry standards like ISO or COSO. Governance, Risk, and Compliance (GRC) software can aid in tracking control implementation and ensuring alignment with the CSF.

Ultimately, CSF serves as the foundational framework for building a robust cybersecurity program, guiding organizations in understanding their current cybersecurity posture and charting a path toward enhancing cybersecurity compliance. It empowers organizations to translate strategic cybersecurity objectives into actionable plans and controls, supported by effective governance and technology solutions.

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