Harnessing the Power of the NIST Cybersecurity Framework:

Your Guide to Effective Information Risk Management

NIST Lets You Tackle the Toughest Cybersecurity and IRM Issues of Today

While cybersecurity risks are becoming greater, information security is becoming more challenging. In fact, managing information risk and keeping information secure is a complex, multifaceted challenge that requires the involvement of the entire organization.

The NIST Cybersecurity Framework is one of the most robust set of guidelines available to CISOs, CIOs and other professionals responsible for information risk management.

According to Tom Kellerman, Chief Cybersecurity Office at Trend Micro:

“The healthcare industry is being hunted and hacked by the elite financial criminal syndicates that had been targeting large financial institutions until they realized healthcare databases are more valuable.”

Further, Jim Trainor, Deputy Assistant Director of the FBI Cyber Division, stated:

“Now healthcare is considered a top target. The speed of these attacks and the volume with which they are occurring is increasing significantly. It just requires a much more robust response across the U.S. government and private sector … Major intrusions into healthcare providers’ computer systems now are happening at the pace of two or three a day.”

Clearly, healthcare organizations, along with businesses in many other sectors, must raise their Information Risk Management (IRM) to levels that exceed the threats. The most powerful, efficient, and effective way to address this directive is with a trustworthy framework that gives organizations the structure and the action steps they need to build a fortifying IRM program that protects all sensitive data from breaches.

What Is the NIST Cybersecurity Framework? And Why Should You Use it?

The National Institute of Standards and Technology (NIST) risk management framework gives organizations just such a structure and guidance on managing information security. The process is outlined in the NIST Special Publication 800-39 and detailed in a compendium of related Special Publications describing Risk Assessments, Risk Management and controls.

NIST approach

Our whitepaper “Harnessing the Power of the NIST Cybersecurity Framework: Your Guide to Effective Information Risk Management” introduces the NIST cybersecurity framework, overviews the essential components of the risk management process, and makes a strong business case for why today’s healthcare organizations, as well as other business entities, can strengthen their risk management practices by embracing NIST as the framework on which to build a robust information risk management program.

NIST cybersecurity framework

What is the NIST Cybersecurity Framework?

National Institute of Standards and Technology (NIST) Information Cybersecurity Framework is just that: a framework to provide organizations with a clear and structured way to manage information risks.

The NIST Cybersecurity Framework is detailed in the Framework for Improving Critical Infrastructure Cybersecurity.

It is guidance, based on existing standards, guidelines, and practices, for critical infrastructure organizations to better manage and reduce cybersecurity risk.  The NIST Cybersecurity Framework is not designed to be a checklist, but instead should form part of an overall information risk management program.

 

What is the Difference Between the NIST Framework and the NIST Process?

The NIST IRM process includes standards, guidelines and practices. It is intended to provide owners and operators of critical information assets with a trusted methodology to better protect information through ongoing, effective IRM.

The NIST IRM process was designed to foster communication between both internal and external organizational stakeholders in IRM. It outlines several critical steps including:

Frame – Determining the organization’s risk strategy

Assess – Identifying, prioritizing, and estimating risks

Respond – Finding best ways to treat the known risks

Monitor – Establishing processes to continually monitor security and the IRM process

Download our white paper to learn more about each of these four phases.

NIST cybersecurity framework

What is the NIST Approach?

The NIST IRM approach is comprised of 3 key elements:

1.The NIST Cybersecurity Framework;

2.The NIST IRM process; and,

3.Maturity Model.

The complete NIST IRM approach (Framework + Process + Maturity Model) gives organizations a proven security infrastructure, along with an abundance of critical guidance on managing information risks.

Download our white paper for more details about these areas and get clear information about how to apply them to your information risk management efforts.

Download this free white paper today and learn more about the NIST cybersecurity framework:

• Three (3) Components of the NIST IRM Approach
• Four (4) Major Phases of the NIST IRM Process
• Five (5) Next Actions to Adopt the NIST IRM Approach
• Six (6) Top Benefits of Using the NIST IRM Approach

This white paper is included in NIST.gov’s official list of  “Guidance that Incorporates Framework”. 

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