What is NIST Framework in risk management? How to implement?
In 2013, the U.S. President, Barack Obama, passed an order to boost cybersecurity. The order required the development of a risk-based cybersecurity framework for managing cybersecurity risks for essential infrastructure services. A framework was later developed through an international partnership between small and large businesses spearheaded by the National Institute of Standards and Technology (NIST). Here is a look at the NIST Cybersecurity framework and why it is essential.